This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Communication Services Companies: BCE (BCE) and Magnite (MGNI)

Tipranks - Tipranks - Thu Jun 4, 9:00PM CDT

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

Claim 55% Off TipRanks

BCE (BCE)

In a report released yesterday, Drew Mcreynolds from RBC Capital maintained a Buy rating on BCE, with a price target of C$39.00. The company’s shares closed last Wednesday at $24.51.

According to TipRanks.com, Mcreynolds is a 4-star analyst with an average return of 4.6% and a 53.8% success rate. Mcreynolds covers the NA sector, focusing on stocks such as Cogeco Communications, Rogers Communication, and WildBrain. ;'>

BCE has an analyst consensus of Moderate Buy, with a price target consensus of $27.85, implying a 13.7% upside from current levels. In a report issued on May 25, BMO Capital also maintained a Buy rating on the stock with a C$37.00 price target.

See today’s best-performing stocks on TipRanks >>

Magnite (MGNI)

In a report released yesterday, Jason Kreyer from Craig-Hallum maintained a Buy rating on Magnite. The company’s shares closed last Wednesday at $14.45.

According to TipRanks.com, Kreyer is a 4-star analyst with an average return of 8.7% and a 45.5% success rate. Kreyer covers the Technology sector, focusing on stocks such as Gloo Holdings, Inc. Class A, Zeta Global Holdings Corp, and Creative Realities. ;'>

Magnite has an analyst consensus of Strong Buy, with a price target consensus of $24.80, a 70.3% upside from current levels. In a report issued on May 19, Needham also maintained a Buy rating on the stock with a $25.00 price target.

Read More on BCE:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).