Bank of Montreal (TSE:BMO) Price Target Lowered to C$205.00 at Royal Bank Of Canada

Bank of Montreal (TSE:BMOFree Report) (NYSE:BMO) had its price objective reduced by Royal Bank Of Canada from C$219.00 to C$205.00 in a report released on Wednesday morning,BayStreet.CA reports. They currently have a sector perform rating on the bank’s stock.

Several other equities analysts have also weighed in on BMO. Jefferies Financial Group reduced their price objective on Bank of Montreal from C$197.00 to C$195.00 in a report on Thursday, February 26th. Scotiabank boosted their target price on Bank of Montreal from C$191.00 to C$208.00 and gave the company a “sector perform” rating in a research note on Thursday, February 26th. Bank of America upped their price target on Bank of Montreal from C$179.00 to C$183.00 in a research report on Friday, December 5th. Canadian Imperial Bank of Commerce increased their price target on Bank of Montreal from C$209.00 to C$211.00 in a research note on Thursday, March 5th. Finally, National Bank Financial lifted their price objective on Bank of Montreal from C$186.00 to C$205.00 and gave the stock a “sector perform” rating in a report on Thursday, February 26th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of C$201.33.

Get Our Latest Stock Analysis on Bank of Montreal

Bank of Montreal Stock Up 0.9%

Shares of BMO stock opened at C$189.47 on Wednesday. The firm has a market cap of C$133.56 billion, a P/E ratio of 15.79, a PEG ratio of 0.71 and a beta of 1.29. The company has a 50 day moving average of C$192.20 and a 200-day moving average of C$182.72. Bank of Montreal has a 12-month low of C$121.31 and a 12-month high of C$204.57.

Bank of Montreal Company Profile

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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.

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