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 26, 2026, 12:00 am

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

BCE Inc. has drawn mixed reviews from experts, with many suggesting it is consolidating as a defensive and income-generating play due to its high dividend. Recent challenges include a significant dividend cut and increasing competition from tech advancements like Starlink, which has adversely affected its market performance. While the company is seen diversifying its revenue streams, particularly towards AI and data center infrastructure, concerns around long-term growth persist. Analysts view the current environment as less favorable for telcos amid rising interest rates and competitive pressures. Despite these factors, some experts are optimistic about BCE's potential to stabilize and gradually recover as market conditions improve and cost-cutting measures take effect.

consensus icon
Consensus
Neutral
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Valuation
Fair Value
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T, T
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.
TOP PICK
5.54% maturing Feb 15/17. Likes the corporate bond market. Example of a utility that is offering a very handsome spread over Canada's. Could be some capital gain as well. This company is back to investment grade status.
PAST TOP PICK
(A Top Pick Jan 22/09. Up 1.02%.) Sold most of his holdings at a profit.
COMMENT
Preferred shares. Starting to warm up to this company now. Could be worth looking at.
HOLD
(Market Call Minute) Like other telecoms: very little growth profile. Great free cash flow.
SELL
Would prefer Telus but would not buy it today.
DON'T BUY
Faces challenges in communications sector. Data sales are up but wireless is less than expected. 2% earnings growth forecast.
PAST TOP PICK
(Top Pick Apr 08/08 Down 24%) Failure of takeover was perhaps the best thing that could have happened to it. 6 months or so of the private equity guys pouring through the balance sheets, looking to reduce costs was all a good thing. Valuation-wise he is a little cautious but long time you have a company that can grow dividends.
PAST TOP PICK
(A Top Pick April 11/08. Down 28.36%.) But on the basis to deal with the Teachers would go through but if not, you get a 6% dividend, new management and a good balance sheet. Good solid Hold or a Buy at $25.
TOP PICK
Management has improved. Have cash. Have become competitive again. Would prefer to buy under $25 but okay at this price. 6% yield.
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