TSE:BCE

BCE Inc. (BCE.TO)

32.57
+0.11 (0.34%)
as of Aug 14, 2026, 8:00:00 pm Market Open.
2007 watching
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Investor Insights
star iconAug 14, 2026, 12:00 am

This summary was created by AI, based on 41 opinions in the last 12 months.

BCE Inc. has faced several challenges in the telecom sector, including a recent dividend cut that has raised concerns among investors. While some experts believe the company is transitioning effectively towards data center operations and AI infrastructure, others remain cautious about its growth prospects amid increased competition and regulatory pressures. The dividend yield, now around 5%, provides some appeal for income-focused investors, even as many analysts view BCE as a defensive play with limited capital appreciation potential. The stock has experienced significant volatility, and some analysts caution against investing heavily until clearer upward trends are observed. Nonetheless, there are indications that the stock may attract institutional interest due to its recovery potential and solid foundational assets.

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Consensus
Mixed
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Valuation
Fair Value
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RCI.B
BUY

T-T, BCE-T, RCI.B-T, SJR.B-T. Telecom is the sector he is the most bullish on. It's his biggest position. It is the sector that is the most resilient. Online traffic has increased dramatically. T-T would not be the top of his telecom list. He would prefer SJR.B-T, BCE-T, and RCI.B-T because of their media businesses.

TOP PICK
He likes telecoms in general. He owns the whole group. BCE-T has diversified well in media. About 7 times operating cash flow. There will be some small things in the short term. (Analysts’ price target is $62.68)
BUY
As consumers the best thing we can do is to watch their programs and consume their media. A lot of people in work-from-home situations should be helpful to the cable companies. He does not think they have ever cut their dividend. This is a safe-haven stock.
BUY
Buy, rather than sell. They aren't going out of business. Streaming video as well as cell are doing well.
BUY

He likes telcos. Bond proxies have become overpriced, but telcos are less overpriced compared to REITs and utilities. They're stable with decent valuations. BCE is a good place to hide now. He's also long Rogers and Cogeco. Telcos can move lower, but less so in a market sell-off. When markets recover, though, telcos won't move up as much.

DON'T BUY

Buy the stock or ETF? Yes, buy the stock. He doesn't buy ETFs. He wants to own exactly what he wants. You can own this through XIC or XIU, but you'd be buying lots of other stocks you may not want. BCE isn't a bad stock, but it's slow-growing. It has most to lose as people drop landlines. Also, the CRTC is pressuring telcos to lower cell phone bills in two years. It's defensive and low yield. Safe in an oligopoly. There are better ideas out there.

WEAK BUY
It is a very low growth company. They are generating earnings grown by cost cutting. You will get some dividend growth but it will not be a growth stock. It is rock solid and will hold up well in a down market.
BUY
He owns shares in this. He likes how they are rolling out a strategy for 5G. The dividend looks stable. The risk is if interest rates rise. He would be adding at this price level. Yield 5.6%
BUY ON WEAKNESS
They own it in their income platform. There is a range from high $50 - low $60. It's now trading at the lower end of the range. It would be a good entry point, especially with a good dividend.
HOLD
It is an extremely well managed company. It is a great space to be in as there is tremendous growth in the wireless space. They have to keep reinvesting. They have a strong balance sheet. The only risk is regulatory risk. You could buy on a pull back.
DON'T BUY
He still likes it and has long held it. He feels neutral about it now, not expecting much upside. Be cautious about jumping on a momentum bandwagon here. Don't enter it now.
BUY
They keep delivering to investors and they also keep raising dividends. PEs are high across the board so it is not unusual. As long as interest rates are low, people will want dividends. There's a rumour that they want to unlock their data centre assets that can be a catalyst for growth.
HOLD
If you own it, continue to hold. Great income stock, with an attractive yield around 5%. Increase dividend each year in mid-single digit range, with no signs of stopping. Doesn't expect a lot of capital appreciation, perhaps around 5%. This gives you a return of around 10%, quite reasonable in this environment.
WATCH
He is not that interested in 5G but is interested in the fact that they have all been hit by the CRTC to make Canadian wireless more competitive. It came down and then rallied up. He thinks the stock is tired and could use a rest period.
HOLD

Telecoms? Rogers is an interesting name. He owns BCE instead. A push for lower cell phone rates along with greater investment in 5G networks are key headwinds in this sector. Telcoms will face a lot spending to build up 5G, which will impact the financials for the next few years. He likes the dividend they pay, however. If your time horizon is long, then holding is fine.

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