Rogers Communications Inc Stock Forum

$BCE Inc (BCE.CA)$
- lowest price since 2013
- 9.2% yield 😯
- been a long-term holder but just sold it
- fcf hasn't grown
- yield is high compared to the fcf
$TELUS Corp (T.CA)$ $Rogers Communications Inc (RCI.B.CA)$ $BCE Inc (BCE.CA)$ also hitting 52-week lows today.
Telecoms aren't liked here.

Discount to fair value, as per Morningstar:
$TELUS Corp (T.CA)$ : 32%
$Rogers Communications Inc (RCI.B.CA)$: 31%
$Quebecor Inc (QBR.A.CA)$ : 22%
$BCE Inc (BCE.CA)$ : 22%
$BRP Inc (DOO.CA)$ : 19%
$Nutrien Ltd (NTR.CA)$ : 17%
$TC Energy Corp (TRP.CA)$ : 16%
$The Toronto-Dominion Bank (TD.CA)$ : 15%
$Enbridge Inc (ENB.CA)$ : 11%
$Bank of Nova Scotia (BNS.CA)$ : 6%

Maybe this helps to boost sentiment around the telecoms. Scotia is enthusiastic at least: $Rogers Communications Inc (RCI.A.CA)$ $Rogers Communications Inc (RCI.B.CA)$ $BCE Inc (BCE.CA)$ $TELUS Corp (T.CA)$

Canadian Telecommunications Services Q1/24 Preview
Elevated competitive intensity through the seasonally-slower Q1/24 to translate to a ho-hum quarter overall.
Estimate and price target revisions ⬇️
$BCE Inc (BCE.CA)$⬇️$3  
$Rogers Communications Inc (RCI.B.CA)$ ⬇️$5  
$TELUS Corp (T.CA)$ ⬇️$3   
$Cogeco Communications Inc (CCA.CA)$ ⬇️$8