BCE Inc. (TSE:BCE) (NYSE:BCE) – Stock analysts at Cormark issued their FY2019 earnings per share (EPS) estimates for BCE in a note issued to investors on Wednesday. Cormark analyst D. Mcfadgen forecasts that the company will post earnings per share of $3.48 for the year.
A number of other analysts also recently issued reports on the stock. Desjardins increased their price target on shares of BCE from C$65.00 to C$66.00 in a report on Friday, November 3rd. JPMorgan Chase & Co. increased their price target on shares of BCE from C$65.00 to C$68.00 in a report on Monday, November 6th. National Bank Financial increased their price target on shares of BCE from C$61.00 to C$64.00 and gave the stock an “outperform” rating in a report on Thursday, November 2nd. Barclays increased their price target on shares of BCE from C$64.00 to C$65.00 in a report on Friday, November 3rd. Finally, Royal Bank of Canada increased their price target on shares of BCE from C$61.00 to C$62.00 and gave the stock a “sector perform” rating in a report on Friday, November 3rd. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. BCE has an average rating of “Buy” and a consensus price target of C$62.25.
BCE (TSE:BCE) (NYSE:BCE) last announced its quarterly earnings results on Thursday, February 8th. The company reported C$0.76 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.74 by C$0.02. BCE had a net margin of 14.39% and a return on equity of 20.55%. During the same quarter in the prior year, the firm earned $0.62 EPS. WARNING: This story was published by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another site, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this story can be viewed at https://www.com-unik.info/2018/02/09/bce-inc-to-post-fy2019-earnings-of-3-48-per-share-cormark-forecasts-bce.html.
BCE Company Profile
BCE Inc is a communications company. The Company’s segments include Bell Wireless, Bell Wireline and Bell Media. Its Bell Wireless segment provides wireless voice and data communications products and services to its residential, small and medium-sized business and large enterprise customers across Canada.
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