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RBC Capital Sticks to Its Buy Rating for BCE (BCE)

Tipranks - Tipranks - Wed Jan 14, 8:00PM CST

In a report released yesterday, Drew Mcreynolds from RBC Capital maintained a Buy rating on BCE, with a price target of C$38.00.

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According to TipRanks, Mcreynolds is a 4-star analyst with an average return of 3.8% and a 53.59% success rate. Mcreynolds covers the Communication Services sector, focusing on stocks such as BCE, Quebecor, and Telus.

In addition to RBC Capital, BCE also received a Buy from Scotiabank’s Maher Yaghi in a report issued on January 12. However, on January 6, UBS maintained a Hold rating on BCE (NYSE: BCE).

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The company has a one-year high of C$36.59 and a one-year low of C$28.73. Currently, BCE has an average volume of 4.07M.

Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BCE in relation to earlier this year.

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