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TSE:BCE

BCE Inc. (BCE.TO)

34.37
+0.08 (0.23%)
as of Jun 12, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 12, 2026, 12:00 am

This summary was created by AI, based on 45 opinions in the last 12 months.

BCE Inc. is currently facing significant challenges within the highly competitive telecom sector in Canada. Analysts are divided on the stock's outlook, with some expressing cautious optimism about its long-term potential due to an attractive dividend yield, while others remain skeptical about growth prospects following the company's dividend cut and high capital expenditures. Investors are advised to consider the stock primarily for its income-generating capacity rather than growth, as many believe the dividend will provide stability amidst market volatility. The outlook on BCE is mixed, with discussions of capital investments in AI and fibre helping to position the company for future growth, though concerns about high debt levels and competitive pressures persist.

consensus icon
Consensus
Cautious
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Valuation
Undervalued
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PAST TOP PICK
(A Top Pick June 15/11. Up 7.9%.) 5.25% yield. Well run. Represents excellent value.
DON'T BUY
Strong management team. Share price is up. Not worth more than what it trades for today. Single digit growth. Doesn't fit his criteria.
DON'T BUY
Expensive right now. Dividend is safe. Are positioning themselves for the 4G network. ARPO is about $60, which is high among their piers. Prefers T-T
DON'T BUY
Telecom’s seasonality isn’t right now. Strong trend line and a few tops right here. A rising wedge, which is a bullish pattern. A good stock, but not something he would favour this time of year.
BUY
Bell and Telus are good. He owns both. Wire line service is deteriorating more slowly than those in the US. Fiber TV is growing. Dividend will probably increase.
BUY
Hit a new high recently and is running against the grain of the market. Still has an excellent yield.
COMMENT
6.8% strip bonds expiring May 2042. Strips have definite purposes. You can match them up to retirement, education, that sort of thing. As long as you are comfortable that the company was last that long, they make a lot of sense.
BUY
Has held in nicely during the market selloff. Feels it is a flight to quality and safety. Strong dividend. One of the better telcos in Canada.
TOP PICK
(Top Pick Oct 28/10, Up 19.35%) People prefer dividends to bond yields. You need stocks that pay dividends in this volatile market.
COMMENT
An OK buy. If you look at the 3 telcos, this one has the highest yield but also the highest multiple. Feels there is a little bit better long-term growth with Rogers.
COMMENT
This is an “okay” buy. Looking at the Canadian 3 telcos, this one has the highest yield but also has the highest multiple. Prefers Rogers (RCI.B-T) because of better long-term growth. Sacrificing yield now but with the potential of bigger yields down the road.
BUY
Increasing smart phones, which is the driver of all wireless business. It is relatively fully valued but he sees earnings growth and dividend growth, so if you want a good solid dividend payer, you will also get some dividend growth. They are doing a good job.
BUY
An attractive opportunity here. A de facto utility. Much better balance sheet, free cash flow, better dividend increases compared to utilities but are trading at 12-13 times earnings. Could get into the $40 range if people continue to be nervous and are looking for defensive stocks. (See Top Picks.)
DON'T BUY
6.46% strip bonds expiring May 2042? Normally he does not give money longer than 7 years because the business cycle is 3-4 years. You not getting paid enough to extend that far out. He owns 2016 bonds.
TOP PICK
(A Top Pick Feb 15/11. Up 12.72%.) Yielding 5.5%. Have done a great job of cutting costs. Well run with a well rounded management team.
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