Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price target raised by Scotiabank from C$112.00 to C$114.00 in a research note released on Wednesday morning. They currently have an outperform rating on the bank’s stock.
Several other equities analysts also recently issued reports on the stock. Royal Bank Of Canada boosted their price target on shares of Bank of Montreal from C$108.00 to C$116.00 and gave the company a sector perform rating in a report on Wednesday. National Bank Financial boosted their price target on shares of Bank of Montreal from C$100.00 to C$103.00 and gave the company a sector perform rating in a report on Wednesday. Eight Capital boosted their price target on shares of Bank of Montreal from C$101.00 to C$106.00 in a report on Wednesday. CSFB boosted their price target on shares of Bank of Montreal from C$102.00 to C$103.00 in a report on Wednesday. Finally, Canaccord Genuity lifted their price objective on shares of Bank of Montreal from C$103.00 to C$105.00 in a research note on Wednesday. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of C$104.58.
Bank of Montreal (TSE BMO) opened at C$100.91 on Wednesday. Bank of Montreal has a 1-year low of C$88.63 and a 1-year high of C$104.15.
In related news, insider Joanna Michelle Rotenberg sold 2,000 shares of Bank of Montreal stock in a transaction dated Friday, September 29th. The shares were sold at an average price of C$94.81, for a total transaction of C$189,620.00.
Bank of Montreal Company Profile
Bank of Montreal (the Bank) is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets.
What are top analysts saying about Bank of Montreal? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Bank of Montreal and related companies.