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Analysts Are Neutral on Top Communication Services Stocks: BCE (BCE), Snap (SNAP)

Tipranks - Fri May 8, 4:28PM CDT

Analysts fell to the sidelines weighing in on BCE (BCE) and Snap (SNAP) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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BCE (BCE)

In a report released today, Aravinda Galappatthige from Canaccord Genuity maintained a Hold rating on BCE, with a price target of C$35.00. The company’s shares closed last Thursday at $24.57.

According to TipRanks.com, Galappatthige is a 3-star analyst with an average return of 0.9% and a 49.0% success rate. Galappatthige covers the NA sector, focusing on stocks such as Cogeco Communications, Rogers Communication, and Cineplex. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BCE with a $28.36 average price target.

See the top stocks recommended by analysts >>

Snap (SNAP)

TD Cowen analyst John Blackledge maintained a Hold rating on Snap today and set a price target of $8.00. The company’s shares closed last Thursday at $5.98.

According to TipRanks.com, Blackledge is a 5-star analyst with an average return of 10.8% and a 53.1% success rate. Blackledge covers the Technology sector, focusing on stocks such as Uber Technologies, Grindr, and Lyft. ;'>

Snap has an analyst consensus of Hold, with a price target consensus of $7.35, implying a 29.6% upside from current levels. In a report issued on April 27, RBC Capital also maintained a Hold rating on the stock with a $10.00 price target.

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