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Is this Large Market Cap Stock target price reasonable for BCE Inc. (NYSE:BCE)?

The company in question is, BCE Inc. (NYSE:BCE) currently with a stock price of 48.24 (-0.25% today). The market cap for BCE Inc. is 42029.68, and is in the sector Technology, and Telecom Services – Domestic industry. The target price for BCE Inc. is 46.65. Currently BCE Inc. is trading with a P/E of 19.87, and a forward P/E of 17.17. Average volume for BCE Inc. is 825.07 and so far today it is 391551.

Performance in the last year for BCE Inc. has been 22.34%. For EPS growth, BCE Inc. has seen a growth of 0.20%, and is looking to grow in the next year to 4.37%. More long term stats show that EPS growth has been 1.70% over the last five years and could be 4.08% for the next five years. BCE Inc. has seen sales growth quarter over quarter at 0.30%, with EPS growth quarter over quarter at -0.40%. The 20-day simple moving average is 1.81%, with the 200-day simple moving average coming to 10.82%.

Since the IPO date for BCE Inc. on the 11/15/1982, BCE Inc. has seen performance year to date to be 28.15%. With BCE Inc. trading at 48.24, the dividend yield is 4.30%, and the EPS is 2.43.

So could BCE Inc., be undervalued? Well as said before P/E is 19.87. The PEG is 4.87, P/S is 2.53 and the P/B is at 4.38. The P/cash is 88.76, with P/free cash flow at 82.7.

BCE Inc. ability to deal with debt shows that the current ratio is 0.5, and the quick ratio is 0.4. This is with long term debt/equity at 1.27, and total debt/equity at 1.63.

In terms of margins, BCE Inc. has a gross margin of 76.50%, an operating margin of 22.40% and a profit margin of 12.60%.Payout ratio for BCE Inc. is 62.70%. Return on assets come to 5.70% with return on investment coming to 11.10%.

Insider ownership for BCE Inc., is at *TBA and institutional ownership comes to 52.90%. Outstanding shares are at 869.1. While shares float is 867.11. The float short is currently 1.14%, and short ratio is 11.98.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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