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TSE:BCE

BCE Inc. (BCE.TO)

34.29
-0.20 (0.58%)
as of Jun 11, 2026, 8:00:01 pm Market Open.
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Investor Insights
star iconJun 11, 2026, 12:00 am

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

BCE Inc. has faced significant challenges in the telecom sector, including competitive pressures and a recent dividend cut of 56%. Many analysts view the company as more of an income story rather than a growth story, highlighting its potential for stability and yield in a defensive portfolio. Investors have mixed opinions on whether to hold or sell the stock, with some considering it a buying opportunity due to its attractive yield of around 5-5.7%. There are ongoing concerns regarding valuation and competition, particularly against emerging players like Starlink and Freedom Mobile. While a turnaround strategy focusing on fiber and AI initiatives has been initiated, the overall outlook for BCE remains cautious as it navigates these industry hurdles.

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Consensus
Hold
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Valuation
Fair Value
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T-<Telus>
HOLD
You could look on this as almost a cash investment. Very high likelihood the deal will get closed.
COMMENT
He has recently been buying preferreds. He has been paying about $24.60 + and they get redeemed at $25.50 in December. This gives you 2 or 3 dividends between now and December. The annualized return is 16% plus.
HOLD
The 6% that you gain by holding the stock until December is pretty much a sure bet. That is almost 20% per year. If the stock got up to $41 or $41.25 he would redeploy the funds.
COMMENT
If you buy now, you have about $2.75 of upside between now and December. There is no dividend. Not a large enough rate of return for him.
COMMENT
When this deal goes through, it makes other telecom stocks more attractive. Telecom stocks such as Manitoba Telecom (MBT-T), Telus (T-T) Rogers (RCI.B-T), Bell Aliant (BA.UN-T) etc. will be interesting buys. BCE hasn't disappeared. Teachers paid a lot of money for it. They will restructure it and repackage it in a few years out.
PAST TOP PICK
(A Top Pick Sept 12/07. No change.) Acquisition for $42.75 will go through and Dec 11 will be the latest.
HOLD
It looks like the deal is going through. Trading at a discount because there are no dividends payable. There is still a 5% chance that the deal blows up. He owns the bonds.
COMMENT
If all goes well, the stock will be taken out at $42.75 in December. There will be no dividends. There is always the potential for something to happen, but given what has transpired over the last several weeks, it looks like the deal has a better chance of completing than it did before.
SELL
There is still a chance that someone could back out of the deal. Likelihood is not high but that is why the price is down. This is a speculation.
TOP PICK
Highly probable that the deal closes at $42.75 in 5 months giving more than a 20% annualized rate of return.
DON'T BUY
Thanks in all likelihood the deal will close but there is some risk that it will be re-priced at a lower level.
HOLD
Thinks the deal will go through.
COMMENT
Supreme Court of Canada has now said the deal can go through. Because of the state of the financial community, there could be a new deal with the banks. There are still a lot of questions regarding the final price.
SELL
Sold his holdings after the Quebec ruling. Now a coin toss. Telecom sector is having a tough time no matter which company you look at. Other places that will give you better odds.
DON'T BUY
Right now this is a gamble, not an investment. You are gambling on how the Supreme Court will rule. Also will the banks that are bankrolling this will play ball or not.
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