Bank of Montreal (TSE:BMO) Given New C$195.00 Price Target at Jefferies Financial Group

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price objective decreased by Jefferies Financial Group from C$197.00 to C$195.00 in a report issued on Thursday morning,BayStreet.CA reports.

Several other brokerages also recently weighed in on BMO. Canadian Imperial Bank of Commerce boosted their target price on Bank of Montreal from C$199.00 to C$209.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Bank of America boosted their price target on Bank of Montreal from C$179.00 to C$183.00 in a research note on Friday, December 5th. TD Securities increased their price objective on shares of Bank of Montreal from C$209.00 to C$219.00 in a research report on Monday, February 9th. Desjardins lifted their target price on shares of Bank of Montreal from C$189.00 to C$195.00 and gave the stock a “hold” rating in a research note on Monday, February 9th. Finally, Barclays boosted their target price on shares of Bank of Montreal from C$181.00 to C$196.00 in a research report on Thursday, February 19th. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of C$202.33.

Bank of Montreal Stock Up 0.6%

TSE BMO opened at C$203.64 on Thursday. Bank of Montreal has a 52 week low of C$121.31 and a 52 week high of C$204.57. The company has a 50 day moving average price of C$188.14 and a 200 day moving average price of C$178.61. The firm has a market cap of C$144.36 billion, a PE ratio of 17.80, a price-to-earnings-growth ratio of 0.71 and a beta of 1.38.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last announced its earnings results on Thursday, December 4th. The bank reported C$3.28 earnings per share for the quarter. The company had revenue of C$9.34 billion during the quarter. Bank of Montreal had a net margin of 13.57% and a return on equity of 9.04%. On average, equities research analysts anticipate that Bank of Montreal will post 9.6514585 earnings per share for the current fiscal year.

More Bank of Montreal News

Here are the key news stories impacting Bank of Montreal this week:

• Positive Sentiment: Canaccord raised its price target to C$224 and kept a Buy rating, implying ~10% upside — a clear bullish signal from an active bank coverage shop. Canaccord raise
• Positive Sentiment: Royal Bank of Canada boosted its target to C$219 (about +7.8% potential), adding weight to the rally from a large domestic broker. RBC raise
• Positive Sentiment: TD Cowen reiterated a Buy based on improving profitability, U.S. growth and capital-return prospects — supportive fundamental research reinforcing the upgrades. TD Cowen note
• Positive Sentiment: Q1 results topped estimates: profit rose to C$2.49B and revenue beat expectations, driven by U.S. operations and capital markets — this earnings upside is a major near-term catalyst. Earnings beat
• Positive Sentiment: Company disclosures show strengthened earnings-coverage ratios through January and the board held the quarterly dividend steady — both point to financial resilience and support for yield-focused investors. Dividend & coverage
• Neutral Sentiment: Several other brokers raised targets modestly (National Bank to C$205; Desjardins and Scotiabank to C$208), but kept sector/hold ratings — supportive but not a consensus buy signal. Other raises
• Neutral Sentiment: BMO filed required U.S. reporting 6-K and CEO/CFO certifications reaffirming compliance — reduces regulatory uncertainty but is routine. Reporting compliance
• Negative Sentiment: Jefferies trimmed its target slightly to C$195 (now below the current price), and Barclays kept an Equal Weight with a C$199 target — these notes cap upside and may limit enthusiasm among neutral investors. Jefferies/Barclays notes

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.