Scotiabank cut BCE stock target from CAD 40.00 to CAD 36.50

Published on 10/27/2026 at 22:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BCE reports third-quarter results on November 5, 2026. BCE stock costs EUR 18.08 on October 27, 2026 at 10:47 p.m. CEST in after-hours trading.

Scotiabank target cut

Scotiabank cut its BCE target from CAD 40.00 to CAD 36.50 on October 20, 2026.
BCE reported second-quarter 2026 revenue of CAD 6.18 billion and earnings per share of CAD 0.65.
BCE stock costs EUR 18.08 at Lang & Schwarz on October 27, 2026 at 10:47 p.m. CEST.
BCE will announce third-quarter 2026 results on November 5, 2026.

BCE, CA05534B7604, Illustration mit AI erstellt.

BCE Inc. (CA05534B7604) received a lower valuation marker from Scotiabank after the bank cut its 12-month target from CAD 40.00 to CAD 36.50 on October 20, 2026, while retaining an Outperform rating, Markets Insider reported. At Lang & Schwarz, BCE stock was trading at EUR 18.08 on October 27, 2026 at 10:47 p.m. CEST in after-hours trading.

Target reset follows second-quarter figures

The target revision leaves the latest operating picture central to the valuation debate. BCE reported second-quarter 2026 revenue of CAD 6.18 billion and earnings per share of CAD 0.65, according to MarketBeat. The same report put BCE's net margin at 25.89 percent for that quarter.

BCE stock stays below its yearly high

MarketBeat listed a 52-week range of CAD 26.66 to CAD 36.25 on October 26, 2026. It also reported a CAD 26.70 billion market capitalization, a price-to-earnings ratio of 4.25 and a quarterly dividend of CAD 0.4375, equivalent to an annualized yield of 6.10 percent. These figures describe the Canadian listing rather than the euro quotation.

What matters before November 5?

BCE has scheduled its third-quarter 2026 results for November 5, 2026, with the conference call set for 10:00 a.m. ET. The company confirmed the date and the TSX and NYSE listings in its newsroom notice dated October 14, 2026, BCE said. BCE operates wireless, wireline and media businesses, so the next report will put revenue, earnings and cash generation alongside the revised analyst target.

Valuation and reporting date

The lower CAD 36.50 target and the November 5 reporting date give investors two dated markers for the next valuation update. BCE's second-quarter revenue of CAD 6.18 billion provides the latest period comparison, while the CAD 0.65 quarterly earnings figure supplies the most recent profitability reference.

Price and investor context

BCE stock was trading at EUR 18.08 at Lang & Schwarz on October 27, 2026 at 10:47 p.m. CEST, during after-hours trading. The Canadian figures remain separate because the euro quotation and the TSX quotation use different currencies and venues. The further course of trading is shown by the continuously updated real-time quote of BCE stock.