Bank of Montreal (TSE:BMO – Free Report) (NYSE:BMO) had its price objective lifted by Canadian Imperial Bank of Commerce from C$209.00 to C$211.00 in a report issued on Thursday morning,BayStreet.CA reports.
Other equities research analysts have also recently issued research reports about the company. TD Securities lifted their price target on Bank of Montreal from C$209.00 to C$219.00 in a report on Monday, February 9th. Royal Bank Of Canada raised their target price on Bank of Montreal from C$178.00 to C$219.00 in a research report on Thursday, February 26th. Desjardins boosted their price target on Bank of Montreal from C$195.00 to C$208.00 and gave the stock a “hold” rating in a research report on Thursday, February 26th. Jefferies Financial Group lowered their price target on Bank of Montreal from C$197.00 to C$195.00 in a report on Thursday, February 26th. Finally, Scotiabank lifted their price objective on shares of Bank of Montreal from C$191.00 to C$208.00 and gave the company a “sector perform” rating in a research note on Thursday, February 26th. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of C$202.50.
Read Our Latest Research Report on BMO
Bank of Montreal Price Performance
Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) last posted its earnings results on Thursday, December 4th. The bank reported C$3.28 earnings per share (EPS) for the quarter. The company had revenue of C$9.34 billion for the quarter. Bank of Montreal had a return on equity of 10.47% and a net margin of 11.77%. Research analysts anticipate that Bank of Montreal will post 9.6514585 EPS for the current fiscal year.
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.
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