BCE Inc. (BCE) has been making headlines recently with various developments that could potentially impact its stock price. The current price of BCE stands at 38.8, with a weekly forecast of +2.6% and a monthly forecast of +3.7%.
Forecast:
– Weekly forecast: 🟢 +2.6%
– Monthly forecast: 🟢 +3.7%
Recent News:
🔴 BCE Inc. has been assigned an average recommendation of “Hold” from the ten ratings firms that are covering the company.
🔴 Argus downgraded shares of BCE from a buy rating to a hold rating.
🔴 LPL Financial LLC raised its stake in BCE Inc. by 5.8% in the third quarter.
🟢 Invesco Ltd. raised its stake in shares of BCE Inc. by 6.0% during the third quarter.
🟢 Raleigh Capital Management Inc. raised its position in shares of BCE Inc. by 0.6% in the third quarter.
🔴 Naples Global Advisors LLC lessened its holdings in shares of BCE Inc. by 39.1% in the fourth quarter.
🔴 On Monday, Argus downgraded BCE Inc. from Buy to Hold.
🔴 Natixis Advisors L.P. lowered its position in BCE Inc. by 31.1% during the third quarter.
🔴 Mariner LLC decreased its position in shares of BCE Inc. by 4.5% in the third quarter.
🔴 O Shaughnessy Asset Management LLC decreased its stake in shares of BCE Inc. by 69.3% during the third quarter.
🔴 Zacks Research cut their Q2 2024 earnings per share (EPS) estimates for BCE.
🟢 Integrated Wealth Concepts LLC lifted its position in shares of BCE Inc. by 2.7% during the third quarter.
🔴 Stifel Financial Corp decreased its holdings in shares of BCE Inc. by 3.3% during the third quarter.
🟢 Cary Street Partners Investment Advisory LLC raised its holdings in BCE Inc. by 147.7% during the third quarter.
🟢 Schonfeld Strategic Advisors LLC bought a new stake in shares of BCE Inc. in the third quarter.
🔴 BCE and Telenet Group are both utilities companies, but BCE Inc. is considered the superior stock.
The recent news surrounding BCE Inc. has been mixed, with some positive developments such as increased stake holdings and analyst recommendations, and some negative news such as downgrades and decreased stake holdings. These developments could potentially impact the stock price of BCE in the short term and long term. Investors should keep a close eye on further news and developments in the telecommunications industry to make informed decisions about investing in BCE stock.
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