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Analysts Offer Insights on Communication Services Companies: BCE (BCE) and Genius Sports Limited (GENI)

Tipranks - Sat May 9, 8:44AM CDT

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on BCE (BCE) and Genius Sports Limited (GENI) with bullish sentiments.

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BCE (BCE)

BMO Capital analyst Tim Casey maintained a Buy rating on BCE yesterday and set a price target of C$37.00. The company’s shares closed last Friday at $24.48.

According to TipRanks.com, Casey is a 4-star analyst with an average return of 6.5% and a 57.9% success rate. Casey 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 $28.31 average price target, representing a 15.2% upside. In a report issued on April 22, ATB Cormark Capital Markets also maintained a Buy rating on the stock with a C$44.00 price target.

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Genius Sports Limited (GENI)

Truist Financial analyst Barry Jonas maintained a Buy rating on Genius Sports Limited today. The company’s shares closed last Friday at $4.72.

According to TipRanks.com, Jonas is a 3-star analyst with an average return of 1.6% and a 43.6% success rate. Jonas covers the NA sector, focusing on stocks such as Monarch Casino & Resort, Inspired Entertainment, and Caesars Entertainment. ;'>

Currently, the analyst consensus on Genius Sports Limited is a Strong Buy with an average price target of $9.25, a 93.5% upside from current levels. In a report issued on April 30, Northland Securities also maintained a Buy rating on the stock with a $12.00 price target.

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