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Stock analysts at Keefe, Bruyette & Woods lifted their price target on shares of Bank of Montreal (TSE:BMO) from C$72.00 to C$84.00 in a report issued on Tuesday. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 4.52% from the stock’s previous close.

Bank of Montreal (TSE:BMO) opened at 80.37 on Tuesday. Bank of Montreal has a one year low of $63.80 and a one year high of $82.79. The stock’s 50-day moving average is $80.40 and its 200-day moving average is $75.79. The company has a market cap of $51.839 billion and a P/E ratio of 12.27.

Bank of Montreal (TSE:BMO) last announced its earnings results on Thursday, May 29th. The company reported $1.63 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.53 by $0.10. Analysts expect that Bank of Montreal will post $6.54 EPS for the current fiscal year.

BMO has been the subject of a number of other recent research reports. Analysts at CIBC raised their price target on shares of Bank of Montreal from C$81.00 to C$86.00 in a research note on Tuesday, August 12th. They now have a “sector perform” rating on the stock. Separately, analysts at TD Securities raised their price target on shares of Bank of Montreal from C$81.00 to C$84.00 in a research note on Monday, June 9th. They now have a “hold” rating on the stock. Finally, analysts at RBC Capital downgraded shares of Bank of Montreal from an “outperform” rating to a “sector perform” rating in a research note on Friday, May 30th. They now have a C$77.00 price target on the stock, up previously from C$76.00. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of C$79.83.

Bank of Montreal (TSE:BMO) is a diversified financial services provider that provides a range of retail banking, wealth management and investment banking products and services.

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