A number of other brokerages also recently issued reports on BMO. CSFB lowered their price objective on Bank of Montreal from C$152.00 to C$150.00 in a research report on Wednesday, August 31st. Royal Bank of Canada lowered their price target on shares of Bank of Montreal from C$158.00 to C$151.00 and set an outperform rating for the company in a report on Wednesday, August 31st. National Bankshares reduced their price objective on shares of Bank of Montreal from C$151.00 to C$147.00 in a research note on Friday, November 18th. Canaccord Genuity Group lowered their target price on shares of Bank of Montreal from C$152.50 to C$150.50 in a research note on Wednesday, August 31st. Finally, Keefe, Bruyette & Woods cut their price target on shares of Bank of Montreal from C$159.00 to C$158.00 in a research report on Friday, November 18th. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and a consensus target price of C$152.34.
Bank of Montreal Stock Performance
Shares of TSE BMO opened at C$131.99 on Tuesday. The firm has a 50 day moving average price of C$124.97 and a two-hundred day moving average price of C$127.31. The stock has a market cap of C$89.01 billion and a P/E ratio of 7.91. Bank of Montreal has a 52-week low of C$113.73 and a 52-week high of C$154.47.
Bank of Montreal Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 28th. Stockholders of record on Monday, November 28th will be issued a dividend of $1.39 per share. The ex-dividend date is Monday, October 31st. This represents a $5.56 annualized dividend and a dividend yield of 4.21%. Bank of Montreal’s dividend payout ratio is 30.64%.
Bank of Montreal Company Profile
Bank of Montreal provides diversified financial services primarily in North America. The company's personal banking products and services include checking and savings accounts, credit cards, mortgages, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, specialized banking programs, treasury and payment solutions, and risk management products for small business and commercial banking customers.
- After Nixing its 13% Dividend, Is Lumen Technologies Okay To Own?
- Cisco Systems Hopes Restructuring Cuts Costs to Drive Revenue
- The Sell-Side Caps Gains In Dick’s Sporting Goods
- Want to Get a 10% Dividend Yield, Look Here
- Stock-ing Stuffers: 3 Attractive Stocks Trading Around $10
Receive News & Ratings for Bank of Montreal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Montreal and related companies with MarketBeat.com's FREE daily email newsletter.