Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) had its price objective upped by analysts at Royal Bank Of Canada from C$230.00 to C$241.00 in a report issued on Wednesday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the bank’s stock. Royal Bank Of Canada’s price objective suggests a potential upside of 0.40% from the company’s current price.
Several other analysts also recently issued reports on BMO. Jefferies Financial Group increased their price target on Bank of Montreal from C$213.00 to C$225.00 and gave the company a “hold” rating in a report on Thursday, August 13th. National Bank Financial set a C$278.00 price objective on shares of Bank of Montreal and gave the stock a “sector perform” rating in a report on Monday. TD increased their price target on shares of Bank of Montreal from C$239.00 to C$263.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Barclays boosted their price objective on Bank of Montreal from C$203.00 to C$240.00 in a report on Friday, August 21st. Finally, Canaccord Genuity Group lifted their target price on Bank of Montreal from C$242.00 to C$265.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Seven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of C$257.36.
View Our Latest Report on Bank of Montreal
Bank of Montreal Stock Performance
Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) last released its earnings results on Tuesday, August 25th. The bank reported C$2.38 earnings per share (EPS) for the quarter. The company had revenue of C$9.90 billion for the quarter. Bank of Montreal had a net margin of 12.63% and a return on equity of 11.25%. On average, research analysts expect that Bank of Montreal will post 9.6514585 earnings per share for the current fiscal year.
Insider Transactions at Bank of Montreal
In related news, Director William Darryl White sold 27,167 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of C$225.74, for a total transaction of C$6,132,678.58. Following the completion of the transaction, the director directly owned 87,166 shares in the company, valued at C$19,676,852.84. This represents a 23.76% decrease in their position. Also, insider Sharon Marie Haward-Laird sold 4,519 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of C$225.85, for a total value of C$1,020,616.15. In the last ninety days, insiders have sold 45,004 shares of company stock worth $10,339,904. 0.03% of the stock is currently owned by company insiders.
Bank of Montreal News Roundup
Here are the key news stories impacting Bank of Montreal this week:
- Positive Sentiment: Adjusted earnings beat expectations: BMO reported adjusted net income of approximately C$2.85 billion, up 19% year over year, supported by broad-based strength across its businesses. Quarterly EPS was C$2.38 on revenue of C$9.90 billion. Bank of Montreal beat analysts’ expectations as profits climb across the company
- Positive Sentiment: Share repurchase plan announced: BMO plans to buy back up to 25 million shares, potentially supporting earnings per share and signaling management confidence in the bank’s valuation and capital position. Bank of Montreal plans to repurchase up to 25M shares
- Positive Sentiment: Higher analyst price target: National Bank Financial set a C$278 target, implying meaningful potential upside from recent trading levels, although it assigned only a “sector perform” rating. Bank of Montreal price target set at C$278 by National Bank Financial
- Neutral Sentiment: BMO declared its fourth-quarter dividend and reported updated earnings-coverage ratios, while also publishing its third-quarter financial statements and management discussion. These updates reinforce disclosure and capital transparency but were not major new catalysts. Bank of Montreal files Q4 2026 dividend declaration
- Negative Sentiment: Reported profit was hurt by a C$962 million charge related to the transportation-finance exit, causing reported earnings to fall about 25% year over year despite the adjusted earnings improvement. BMO takes $962-million hit on transportation-finance exit
- Negative Sentiment: Some analysts view the quarter as solid but believe the one-time charge, ongoing execution risks and valuation limit near-term upside, resulting in a “hold” or cautious stance. Bank of Montreal Q3: Solid Quarter, But Just a Hold
About Bank of Montreal
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.
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