Bank of Montreal (TSE:BMO) Given New C$186.00 Price Target at National Bank Financial

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its target price lifted by National Bank Financial from C$181.00 to C$186.00 in a research note published on Tuesday morning,BayStreet.CA reports. National Bank Financial currently has a sector perform rating on the bank’s stock.

A number of other equities research analysts have also recently issued reports on the company. Barclays upped their target price on Bank of Montreal from C$177.00 to C$181.00 and gave the stock an “equal weight” rating in a research report on Friday, December 5th. TD Securities upped their price objective on shares of Bank of Montreal from C$209.00 to C$219.00 in a report on Monday, February 9th. Canaccord Genuity Group lifted their target price on shares of Bank of Montreal from C$201.00 to C$218.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Desjardins upped their price target on shares of Bank of Montreal from C$189.00 to C$195.00 and gave the company a “hold” rating in a report on Monday, February 9th. Finally, Canadian Imperial Bank of Commerce raised their price target on Bank of Montreal from C$199.00 to C$209.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Bank of Montreal currently has an average rating of “Hold” and an average price target of C$192.17.

Bank of Montreal Stock Up 0.4%

Shares of BMO opened at C$192.93 on Tuesday. The company’s fifty day moving average is C$185.55 and its 200-day moving average is C$176.79. Bank of Montreal has a 12 month low of C$121.31 and a 12 month high of C$198.68. The firm has a market cap of C$136.77 billion, a price-to-earnings ratio of 16.86, a price-to-earnings-growth ratio of 0.71 and a beta of 1.38.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last released its quarterly earnings data on Thursday, December 4th. The bank reported C$3.28 earnings per share (EPS) for the quarter. The business 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%. As a group, research analysts predict that Bank of Montreal will post 9.6514585 earnings per share 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.