RE:Analysts updateThe biggest potential catalyst is changing the CEO and Chairman. If stock price lingers and they don't take decisive action in 2 weeks or so, my guess is they will not make it thru the annual meeting - they will be ousted unceremoniously.
Cutting the dividend and cost cutting will help as will divesting the media. Will need guard rails for the US. A Telus BCE merger could be good down the road.
The unforeseen or not considered option is BCE raising equity post dividend cut. If the sp was $40 and they raised $8B, that's $8B lopped off the debt and because the dividend ~ interest rate, doesn't cost them much cashflow wise but it would put the company on a more solid footing. Its another (very good) reason to cut the dividend by 40-50% - it would be very cashflow negative to do so without cutting the dividend.