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TSE:BCE

BCE Inc. (BCE.TO)

34.43
+0.14 (0.39%)
as of Jun 12, 2026, 3:19:06 pm Market Open.
2006 watching
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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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Similar
Telus,T
DON'T BUY
Owns the bonds but no shares. Not a particular fan of the equity. As a couple of problems. 1) Has some difficult competition in Ontario and Quebec. 2) Wire exposure is not as good as Telus (T-T). Would prefer Telus instead.
HOLD
Interesting to be with a strong telephone company and earned some good money and perhaps even improve. 6.2% yield, which is capable of being hiked.
TOP PICK
Likes it under $25. New management. Good yield of about 6%.
BUY
Not anticipating huge growth out of this stock. However it is a nice defensive play. Great dividend. Best balance sheet of the 3 major telcos.
COMMENT
Important thing to look at in this sector is whether a company is a leader or a laggard in the industry. Rogers (RCI.B-T) has a leading technology and is probably the “go to” stock. This company and BCE (BCE-T) are relatively safe and ok for yield. 6.2% yield.
BUY
Downside is quite limited. Very secure 6.2% yield. Have about $2.5 billion cash on the balance sheet. Will be a slow, steady performer. Very impressed with management.
TOP PICK
Teachers pension plan sold their holdings, which depressed the stock. 6% yield. Pretty defensive.
BUY ON WEAKNESS
Teachers Pension has been liquidating this stock. Interesting book value of about $20 and 6% dividend yield. He might buy back in if it pulls back a little.
TOP PICK
In a potentially risky market this one has already hit its all-time low at its book value of about $22. Has a nice yield if you are looking for income and safety. Has an upside target of around $30.
DON'T BUY
Have under invested in their business in the last couple of years. Competition has made gains that it will be tougher for them to gain back. Not the best company in the space. He prefers Telus (T-T).
TOP PICK
Locking in dividend yields. This one has a yield of about 6.5% and the company has given strong indications that the dividend will rise. Can see the stock price going up to $30.
TOP PICK
He has been moving from cyclical names to more defensive names, which have lagged. Trades at about 5X EBITDA with a 6.4% yield. Has over 9% in free cash flow. Everything they wanted to do is coming through now.
BUY
Just finished a share buyback. Balance sheet is quite strong. Very predictable stream of revenue. New management is very strong. Very attractive below $25.
BUY
Very attractive dividend yield of about 6%. Trades at a pretty low depressed valuation multiple of about 4.5-5 enterprise EBITDA.
SELL
Like a lot of the phone companies it looks reasonably valued on a PE or dividend yield basis but most of them have a lot of debt. For many years they could afford a lot of debt but now they are dicier businesses. He shies away from all telco related companies.
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