Bank of Montreal (TSE:BMO) Receives C$202.50 Average Price Target from Analysts

Bank of Montreal (TSE:BMO) (NYSE:BMO) has been assigned a consensus recommendation of “Hold” from the ten research firms that are covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$202.50.

A number of equities research analysts recently weighed in on the company. TD Securities increased their price target on Bank of Montreal from C$209.00 to C$219.00 in a research note on Monday, February 9th. National Bank Financial raised their price target on Bank of Montreal from C$186.00 to C$205.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 26th. Scotiabank upped their price objective on shares of Bank of Montreal from C$191.00 to C$208.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 26th. Barclays increased their price objective on shares of Bank of Montreal from C$196.00 to C$199.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 26th. Finally, Royal Bank Of Canada boosted their target price on shares of Bank of Montreal from C$178.00 to C$219.00 in a research report on Thursday, February 26th.

Bank of Montreal Stock Up 0.2%

Shares of BMO stock opened at C$191.65 on Wednesday. Bank of Montreal has a 12 month low of C$121.31 and a 12 month high of C$204.57. The company’s fifty day simple moving average is C$191.82 and its 200-day simple moving average is C$182.07. The firm has a market cap of C$135.34 billion, a PE ratio of 15.97, a P/E/G ratio of 0.71 and a beta of 1.29.

Bank of Montreal Company Profile

Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets.