Based on ratings from 13 stock analysts, the Bank of Montreal stock price is expected to decrease by 0.87% in 12 months. This is calculated by using the average 12-month stock price forecast for Bank of Montreal. The lowest target is $92.88947 and the highest is $95.94667. Please note analyst price targets are not guaranteed and could be missed completely.
About 13 Wall Street analysts have assigned BMO 5 buy ratings, 8 hold ratings, and 0 sell ratings. This means that analysts expect Bank of Montreal to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BMO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BMO.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Meny Grauman Scotiabank | Sector Perform | $112 | Downgrade | Aug 28, 2024 |
Ebrahim Poonawala B of A Securities | Neutral | $117 | Downgrade | Aug 28, 2024 |
Brian Morton Barclays | Overweight | $126 | Maintains | Aug 28, 2024 |
Mike Rizvanovic Keefe, Bruyette & Woods | Market Perform | $124 | Downgrade | Jun 3, 2024 |
John Aiken Barclays | Overweight | $131 | Maintains | Aug 21, 2023 |
Scotiabank | Outperform | Maintains | May 25, 2023 | |
Ebrahim Poonawala B of A Securities | Buy | Upgrade | Mar 2, 2021 | |
Mike Rizvanovic Credit Suisse | Outperform | $108 | Upgrade | Feb 24, 2021 |
Scott Chan Canaccord Genuity | Buy | $112.5 | Maintains | Feb 24, 2021 |
Credit Suisse | Neutral | $94 | Maintains | Dec 2, 2020 |
B of A Securities | Underperform | $75 | Maintains | May 13, 2020 |
Barclays | Equal-Weight | $67 | Maintains | May 11, 2020 |
B of A Securities | Underperform | $104 | Maintains | Feb 26, 2020 |
B of A Securities | Underperform | Downgrade | Jan 28, 2019 | |
Bank of America | Underperform | Downgrade | Jan 28, 2019 | |
Canaccord Genuity | Buy | Upgrade | Aug 29, 2018 | |
RBC Capital | Outperform | Upgrade | Jul 18, 2018 | |
Macquarie | Outperform | Upgrade | Feb 15, 2018 | |
Barclays | Equal-Weight | Upgrade | May 23, 2017 | |
Citigroup | Buy | Upgrade | May 18, 2017 |
When did it IPO
1994
Staff Count
55,767
Country
Canada
Sector/Industry
Financial Services/Banks - Diversified
CEO
Mr. William Darryl White
Market Cap
$69.52B
In 2023, BMO generated $23.60B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BMO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - In October, $1,300 was added to Business Development Companies, with adjusted dividend income rising 25% YoY to $789. Key investments included Blackstone Secured Lending and Goldman Sachs BDC.
Why It Matters - Increased investment in Business Development Companies and rising dividend income indicate strong market confidence, potentially driving stock prices and attracting more capital.
Summary - Monthly screening identifies dividend growth opportunities, focusing on consistent growers with higher yields and earnings stability. This month features two new stocks added to the list.
Why It Matters - New dividend growth opportunities highlight stocks with high yields and stable earnings, offering investors potential for income and capital appreciation.
Summary - Pomerantz LLP is investigating claims for investors of Bank of Montreal (NYSE:BMO). Affected investors can contact Danielle Peyton for more information.
Why It Matters - The investigation into Bank of Montreal may indicate potential legal issues or financial irregularities, which could impact the stockโs performance and investor confidence.
Summary - Bank of Montreal appointed Diane Cooper and Brian McManus to its Board of Directors, as announced by Chair George Cope on October 29, 2024.
Why It Matters - New board appointments can signal strategic shifts or enhanced governance, potentially impacting Bank of Montreal's performance and investor confidence.
Summary - Bank of Montreal has a 195-year consecutive dividend payment streak. Its strong Canadian operations and U.S. expansion, including acquiring Bank of the West, suggest future growth potential.
Why It Matters - BMO's long dividend history and growth strategy, including U.S. expansion, highlight its stability and potential for future returns, attracting income-focused investors.
Summary - In September, $1,000 was invested primarily in Business Development Companies. Dividend income reached a record $1,141, largely from Ares Capital and MidCap Financial.
Why It Matters - Minimal investment activity suggests caution in the market. Record dividend income from high-yield BDCs indicates strong performance in that sector, appealing to income-focused investors.