Mackie Research Capital Comments on BCE (BCE)

Mackie Research Capital provided color on BCE BCE in a research report published today. BCE is expected to announce its Q1 results on Thursday, May 12. In the report, Mackie states "We are forecasting consolidated revenue to decline 0.7% Y/Y to $4.4 billion; however, we expect EBITDA to grow 4.7% to $1.84 billion. EPS is forecasted at $0.72 versus consensus of $0.69 and an IFRS adjusted $0.61 in the prior year, a strong 18% growth Y/Y." Mackie currently has a Hold on BCE and a price target set at $37.50. In today's trading, BCE added 0.12% to its value and is currently standing at $38.32.