CIBC cuts target for BCE stock from CAD 39.00 to CAD 38.00
Published on 10/24/2026 at 21:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and reporting date
- CIBC lowered its BCE target from CAD 39.00 to CAD 38.00 on October 8, 2026.
- BCE's next results conference call is scheduled for November 5, 2026, at 10:00 a.m. ET.
- BCE stock costs EUR 18.21 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.
BCE (CA05534B7604) is facing a lower valuation benchmark after CIBC cut its price target from CAD 39.00 to CAD 38.00 on October 8, 2026, while keeping its Outperformer rating, as reported by Markets Insider. BCE was trading at EUR 18.21 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST.
CIBC target leaves room for recovery
The CAD 38.00 target lies 32.73 percent above BCE's TSX price of CAD 28.63 on October 23, 2026. That calculation places the analyst benchmark well above the latest Canadian close, but it does not change the separate euro quotation used for investors in Germany.
Stock remains inside its annual range
BCE's TSX price stood at CAD 28.63 on October 23, 2026, against a 52-week range of CAD 26.66 to CAD 36.25. The market capitalization was CAD 26.7 billion on the same date. The range puts the stock 7.39 percent above its yearly low and 20.99 percent below its yearly high.
November results are the next date
BCE's investor calendar schedules its third-quarter 2026 results conference call for November 5, 2026, from 10:00 a.m. to 11:00 a.m. ET, according to BCE. The date gives investors the next formal checkpoint for operating performance and management commentary.
Valuation signals remain mixed
The latest target action and the upcoming results date point to two separate issues. The target reduction was 2.56 percent from CAD 39.00 to CAD 38.00, while the new target still stood 32.73 percent above the TSX price cited for October 23, 2026.
Euro quote for German investors
BCE's Canadian listing provides the home-market valuation figures, while the German euro quote stood at EUR 18.21 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST. The stock was also last quoted at CAD 28.63 on the TSX on October 23, 2026.
The further course of trading is shown by the continuously updated real-time quote of BCE stock.
BCE market data
- Company: BCE Inc.
- ISIN: CA05534B7604
- Ticker: BCE
- Primary exchange: TSX
- Price Lang & Schwarz (as of October 24, 2026, 1:04 p.m. CEST): EUR 18.21
- Market capitalization: CAD 26.7 billion (as of October 23, 2026)
- 52-week range: CAD 26.66-36.25 (as of October 23, 2026)
- Sector / Industry: Communication Services / Telecommunications Services
- Next earnings date: November 5, 2026
Market context: Market report S&P/TSX Composite.
