BCE Inc
BCE: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| J%l | LOCK|q^ | LOCK|@D |
BCE: New Fiber Network Will Provide Value for Years to Come; Shares Significantly Undervalued
After accounting for extended competition in the wireless industry and the firm’s planned acquisition of Ziply, we’ve reduced our fair value estimate to CAD 50 per share from CAD 56 (USD 36). We continue to think that BCE is worthy of a narrow moat rating and that its shares are significantly undervalued as it trades in 5-star territory.
