BCE Inc. (NYSE:BCE) is considered one of the best telecom stocks to invest in, with BMO Capital upgrading the company from Market Perform to Outperform on December 11. The upgrade reflects a more attractive risk/reward profile for BCE, with a C$37 price target on its shares.

BCE’s dividend has been stabilized with reasonable FCF payout ratios, easing investor concerns in the high-yield telecom sector. BMO Capital believes that BCE can meet its leverage goals by pursuing modest growth, synergies, reducing capital expenditure, and small-scale asset sales.

In the third quarter of 2025, BCE Inc. (NYSE:BCE) saw revenue growth of 1.3%, boosted by the acquisition of Ziply Fiber. Adjusted EBITDA also increased by 1.5%, with a healthy margin of 45.7%. The sale of a $5.2 billion interest in MLSE significantly boosted net earnings and adjusted EPS increased by 5.3% year-over-year.

BCE Inc. (NYSE:BCE) is a Canadian communications company that offers wireless, wireline, internet, streaming, and television services to residential, business, and wholesale customers.

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Disclosure: None. This article was originally published at Insider Monkey.

Read more at Yahoo Finance: BCE Inc. (BCE) Dividend De-Risked, BMO Capital Raises to Outperform