CIBC upgraded BCE's stock rating to sector outperform due to Q4 EPS exceeding estimates.

CIBC upgraded BCE (BCE) from a neutral rating to a sector outperform rating, noting increased optimism in the company's stock. BCE, a Canadian communications firm, reported Q4 EPS of $0.56, exceeding analyst estimates. The company's market cap is $30B, with a PE ratio of 19.46 and a beta of 0.56. BCE has an annualized dividend of $2.97 and a yield of 9.03%.

April 26, 2024
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