Somewhat Favorable News Coverage Somewhat Unlikely to Affect BCE (BCE) Stock Price

News stories about BCE (NYSE:BCE) (TSE:BCE) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. BCE earned a news impact score of 0.13 on Accern’s scale. Accern also gave media coverage about the utilities provider an impact score of 45.8965197432784 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of research analysts recently issued reports on the stock. Bank of America assumed coverage on shares of BCE in a research report on Tuesday, November 21st. They set a “buy” rating and a $54.00 target price on the stock. Morgan Stanley boosted their target price on shares of BCE from $60.00 to $62.00 and gave the company an “equal weight” rating in a research report on Friday, November 17th. Zacks Investment Research upgraded shares of BCE from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. Desjardins downgraded shares of BCE from a “buy” rating to a “hold” rating in a research report on Friday. Finally, National Bank Financial upgraded shares of BCE from a “sector perform” rating to an “outperform” rating in a research report on Thursday, November 2nd. Four research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $55.80.

BCE (NYSE:BCE) traded down $0.23 during trading on Friday, hitting $46.45. 727,419 shares of the company were exchanged, compared to its average volume of 820,622. The company has a quick ratio of 0.47, a current ratio of 0.51 and a debt-to-equity ratio of 1.18. BCE has a 52 week low of $42.44 and a 52 week high of $49.06. The firm has a market cap of $41,830.00, a P/E ratio of 18.00, a PEG ratio of 4.98 and a beta of 0.36.

The business also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 15th will be given a dividend of $0.558 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $2.23 dividend on an annualized basis and a dividend yield of 4.81%. BCE’s payout ratio is presently 86.43%.

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BCE Company Profile

BCE Inc is a communications company. The Company’s segments include Bell Wireless, Bell Wireline and Bell Media. Its Bell Wireless segment provides wireless voice and data communications products and services to its residential, small and medium-sized business and large enterprise customers across Canada.

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