BCE Inc [BCE] Stock trading around $23.52 per share: What’s Next?

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BCE Inc [NYSE: BCE] closed the trading session at $23.52.

The stocks have a year to date performance of 1.47 percent and weekly performance of -1.59 percent. The stock has been moved at -32.80 percent over the last six months. The stock has performed -1.75 percent around the most recent 30 days and changed -19.23 percent over the most recent 3-months.

If compared to the average trading volume of 4.09M shares, BCE reached to a volume of 7531626 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about BCE Inc [BCE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BCE shares is $25.08 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BCE stock is a recommendation set at 3.12. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for BCE Inc shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on January 14, 2025. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Underweight. The new note on the price target was released on December 16, 2024, representing the official price target for BCE Inc stock.

The Average True Range (ATR) for BCE Inc is set at 0.67, with the Price to Sales ratio for BCE stock in the period of the last 12 months amounting to 1.19. The Price to Book ratio for the last quarter was 2.05, with the Price to Cash per share for the same quarter was set at 2.12. Price to Free Cash Flow for BCE in the course of the last twelve months was 8.38 with Quick ratio for the last quarter at 0.55.

BCE stock trade performance evaluation

BCE Inc [BCE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.59. With this latest performance, BCE shares dropped by -1.75% in over the last four-week period, additionally sinking by -32.80% over the last 6 months – not to mention a drop of -39.71% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BCE stock in for the last two-week period is set at 45.65, with the RSI for the last a single of trading hit 45.50, and the three-weeks RSI is set at 43.49 for BCE Inc [BCE]. The present Moving Average for the last 50 days of trading for this stock 24.39, while it was recorded at 24.13 for the last single week of trading, and 30.99 for the last 200 days.

BCE Inc [BCE]: An insightful look at the core fundamentals

BCE Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.55 and a Current Ratio set at 0.57.

Earnings per share (EPS) analysis for BCE Inc [BCE] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BCE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for BCE Inc go to -2.20%.

BCE Inc [BCE]: Institutional Ownership

There are presently around $43.48%, or 43.48%% of BCE stock, in the hands of institutional investors. The top three institutional holders of BCE stocks are: ROYAL BANK OF CANADA with ownership of 49.97 million shares, which is approximately 5.4778%. BANK OF MONTREAL /CAN/, holding 37.53 million shares of the stock with an approximate value of $$1.24 billion in BCE stocks shares; and BANK OF MONTREAL /CAN/, currently with $$741.58 million in BCE stock with ownership which is approximately 2.5112%.