TSE:BCE

BCE Inc. (BCE.TO)

30.08
+0.17 (0.57%)
as of Jul 24, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJul 25, 2026, 12:00 am

This summary was created by AI, based on 44 opinions in the last 12 months.

BCE Inc. is currently viewed by analysts and experts as a mixed investment opportunity, with a focus on stability and a shift towards AI-driven data center growth. While some experts see BCE's traditional telecom business as defensive and stable, others express concerns about competition, particularly from Starlink, and the impact of recent challenges such as a significant dividend cut. Many analysts agree that the dividend, now sustainable, may serve as a reliable income source for investors but caution against expecting substantial capital appreciation. There are also potential benefits from BCE's strategic moves, including investments in US infrastructure and data centers, but market sentiment remains cautious amidst economic fluctuations and rising competition in the sector.

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Consensus
Hold
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Valuation
Fair Value
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RCI.B
WATCH
The telcos are rolling over now. Wait and you can buy this around $52. Don't worry if you're looking long-term.
BUY
T-N vs. BCE-T. In a non-registered accounts should have BCE-T. He prefers it even in a registered account right now. T-N is a conglomerate of different businesses and hard to understand. BCE-T is growing faster.
BUY
It's done well recently. If there's a correction, this'll be a good place to be, with its dividend. If you own, hold. If you don't, look into it.
TOP PICK
With a very uncertain market in 2019, he is looking for stability. Yield 5.3%. (Analysts’ price target is $58.62)
BUY ON WEAKNESS
Sold off and has moved counter-market in the last little while. Has always liked the stock, a good solid stock to have in your portfolio. Very competent management, safe dividend, a sector that will grow with the country. Holds it as a cash flow generator. Adds to it when it's down in the cycle, or takes profits when it gets too big in the portfolio. A core holding.
BUY
He likes the telecoms. They pay a decent part of the earnings and a good dividend. They've done a great job consolidating the sector. BCE is a tremendous operator. It's now cheap. There's some growth left.
TOP PICK
Balance sheet is pristine. The payout is not extremely aggressive. He likes telcos over cable. Estimated P/E: 16x. Yield: 5.4% On a EBITDA trades at 7x which lower than the historical average. (Analysts’ price target is $58.56)
BUY
Buy during rising rates? Good company with a 75% payout ratio. Dividend growth to come. Rising rates won't upset that--he sees 5% dividend and share growth in the coming year. Valuation is in the middle at 15x. Not a huge grower now or a screaming buy. But in a few years, BCE will benefit from 5G when it hits Canada.
TOP PICK
Pressured by higher interest rates. Good for a TFSA. It's crossed its 100-day moving average, so there's momentum. Pays a good 5.5% yield. Also offers stability. (Analysts’ price target is $58.56)
COMMENT
Is it a stock to sit and wait? Telecoms, utilities and consumer discretionaries are usually a good place to park cash when the markets get nervous. In early/mid-2017 he sold his interest rate-sensitives, because interest rates were marching higher. You must be careful with such stocks, because they don't deal well with inflation and rising rates. Doesn't know if BCE's dividend is safe or not.
DON'T BUY
Telecoms are high-dividend payers. Great income, but this has been falling, trending below its 200-day moving average. Great cash flow. There's more room for wireless penetration in Canada than the US. But rising interest rates will pressure telecom stocks. Better to wait until rates settle in 12-18 months. Better to look for dividend growers than high-dividend payers.
TOP PICK
Pays a good 5.7% yield. It could be quite defensive in weak markets, and has done well in this current bear market, which is a good sign. It's at 2.5x book value. This could give you a nice capital plus the yield. (Analysts’ price target is $59.03)
COMMENT
The earnings are slow-growth. They pay a safe dividend. They sell products that people would never let go of (cell phones). But there's little appetite for slow-growers that pay dividends. BCE may be looking for another acquisition.
BUY

He prefers ZWU-T instead of just buying individual stocks. No one knows which one is going to do best. You get diversification. He would step into it because it is defensive.

WATCH

As utility stocks picked up, this one did not. This is not the time of the year for telcos to do well. It is a good long term hold. It needs to break above $56 before getting in.

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