Bank of Montreal (TSE:BMO) Price Target Raised to C$211.00

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price objective upped by Canadian Imperial Bank of Commerce from C$209.00 to C$211.00 in a research note published on Thursday morning,BayStreet.CA reports.

BMO has been the subject of several other research reports. Royal Bank Of Canada increased their price objective on shares of Bank of Montreal from C$178.00 to C$219.00 in a research report on Thursday, February 26th. Desjardins upped their target price on shares of Bank of Montreal from C$195.00 to C$208.00 and gave the company a “hold” rating in a research report on Thursday, February 26th. Barclays increased their price target on shares of Bank of Montreal from C$196.00 to C$199.00 and gave the company an “equal weight” rating in a report on Thursday, February 26th. National Bank Financial lifted their price target on Bank of Montreal from C$186.00 to C$205.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 26th. Finally, TD Securities boosted their price objective on Bank of Montreal from C$209.00 to C$219.00 in a research note on Monday, February 9th. 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.com, the company currently has a consensus rating of “Hold” and an average price target of C$202.50.

Bank of Montreal Stock Performance

TSE BMO opened at C$193.14 on Thursday. The stock has a 50 day moving average price of C$190.35 and a 200-day moving average price of C$180.45. Bank of Montreal has a one year low of C$121.31 and a one year high of C$204.57. The company has a market capitalization of C$136.39 billion, a P/E ratio of 16.10, a P/E/G ratio of 0.71 and a beta of 1.29.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last announced its quarterly earnings results on Thursday, December 4th. The bank reported C$3.28 earnings per share for the quarter. The company had revenue of C$9.34 billion for the quarter. Bank of Montreal had a net margin of 11.77% and a return on equity of 10.47%. As a group, equities analysts predict 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.