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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.
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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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DON'T BUY
Was a lot of restructuring in anticipation of the buyout. Company now has a better balance sheet but also needs to spend a lot to catch up with its competition and upgrade its infrastructure. No one has had time to examine this so he wouldn't be a buyer at this time.
TOP PICK
Bell Canada Bonds 4.64% maturing 2016. These bonds are lagging and should trade much more expensive in the next 2 months.
BUY
Good yield going forward. 9X earnings. Looking but has not made a Buy on it yet. Good entry point. 6.74% yield.
TOP PICK
(His Top Picks are conservative, dividend paying for a 1 year Hold.) The deal falling apart has given investors a fabulous opportunity. Dividend is back and may be raised. Won't be a great company, but will be an OK company.
BUY
Not that it has collapsed, it valuations scores have come up dramatically. ROE level is respectable and there is some growth there.
DON'T BUY
Feels the deal is dead and it is going to be a hard battle to get it back on the table. In the $24 range is probably fairly good value for this right now. In a tough battle with Rogers (RCI.B-T). Has to go through a lot of restructuring. Have to redo their network. CDMA is almost a dead technology and they have to do a rebuild for GMS.
COMMENT
Bothers him that the arms in New York still have very large positions. May be waiting to see if dividends will be reinstated or if another deal will be going through. This is an OK price. If you are trading and it ran up to $25 take your profit.
BUY
6.55% May 1, 2029 bonds yielding about 9.51%. Bonds in general are a great place to be. However, he prefers sovereign debt because it is safer. This would be one step below but he is okay with that.
BUY
90% chance that the deal with Ontario Teachers’ Pension Plan will not go through. The entire telecom space looks good.
TOP PICK
He doesn't know what is happening but is guessing that the takeover is dead. If so, it will reinstate its dividend and may issue a special one. It may buy back shares. They have a lot of cash and a number of good things can happen. Oversold.
DON'T BUY
(Market Call Minute.) Too many built-in sellers. There are other names he would look at in this group.
HOLD
(Market Call Minute.)
COMMENT
He owns the bonds so he is quite happy. Thinks the deal is finished.
DON'T BUY
We don't know if there is a deal or not. There are a lot of good stocks and preferreds in companies that can be analyzed clearly. Let this settle out for the time being.
TOP PICK
A lot of people didn't want the deal to happen. Became oversold and is now one of the more attractive stocks to own. Should be a $30 stock. Last 3 quarters have been excellent. Have $3 billion in cash so they are either going to buy back stock or reinstate dividends.
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