BCE stock: Scotiabank cuts target for BCE stock to CAD 36.50

Published on 10/22/2026 at 22:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BCE grew second-quarter revenue 1.50 percent to USD 6.20 billion. BCE stock costs EUR 18.54 on October 22, 2026 in after-hours trading.

Scotiabank trims target

Scotiabank cut its BCE target from CAD 40.00 to CAD 36.50 on October 20, 2026.
BCE revenue increased 1.50 percent to USD 6.20 billion in the second quarter of 2026.
BCE stock costs EUR 18.54 at Lang & Schwarz on October 22, 2026 at 10:56 p.m. CEST.
BCE will announce third-quarter 2026 results on November 5, 2026.

BCE, CA05534B7604, Illustration mit AI erstellt.

BCE stock: Scotiabank lowered its price target from CAD 40.00 to CAD 36.50 on October 20, 2026, while keeping a sector outperform rating, as MarketBeat reported. BCE was trading at EUR 18.54 at Lang & Schwarz on October 22, 2026 at 10:56 p.m. CEST.

Revenue grew in the second quarter

BCE reported revenue of USD 6.20 billion for the second quarter of 2026, up 1.50 percent year over year. Adjusted earnings before interest, taxes, depreciation and amortization increased 1.00 percent to USD 2.70 billion, while free cash flow exceeded USD 1.00 billion, according to Yahoo Finance on September 24, 2026.

Price position on October 22

The TSX last showed BCE at CAD 29.10 on October 22, 2026 at 4:00 p.m. EDT. Its 52-week range was CAD 26.66 to CAD 36.25, and volume reached 8,456,624 shares. The Canadian price sat CAD 7.15 below the yearly high, a 19.72 percent gap calculated from the same quotation.

Valuation and November 5 results

BCE carried a price-to-earnings ratio of 4.31 and a market capitalization of CAD 27.1 billion on October 22, 2026. BCE will announce third-quarter 2026 results on November 5, 2026, at 10:00 a.m. ET, according to BCE.

Comparison with peers

BCE: price-to-earnings ratio 4.31, market capitalization CAD 27.1 billion. TELUS Corporation (TSX, CAD): up 5.01 percent on October 22, 2026, price-to-earnings ratio minus 21.59, market capitalization CAD 19.5 billion. Rogers Communications (TSX, CAD): up 4.08 percent on October 22, 2026, price-to-earnings ratio 4.03, market capitalization CAD 25.1 billion.

Euro quote after hours

BCE's after-hours euro quote gives German investors a separate view of the Canadian telecom group after the TSX session. The latest Lang & Schwarz price was EUR 18.54 on October 22, 2026 at 10:56 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of BCE stock.