Bank of Montreal (BMO) to Announce Earnings on Tuesday
Bank of Montreal (NYSE:BMO) will be posting its Q314 quarterly earnings results on Tuesday, August 26th.
Bank of Montreal (NYSE:BMO) traded up 0.13% on Monday, hitting $74.85. 185,178 shares of the company’s stock traded hands. Bank of Montreal has a 52 week low of $60.34 and a 52 week high of $76.72. The stock’s 50-day moving average is $74.52 and its 200-day moving average is $69.69. The company has a market cap of $48.278 billion and a price-to-earnings ratio of 12.53.
Several analysts have recently commented on the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of Bank of Montreal in a research note on Tuesday, August 19th. They now have a $84.00 price target on the stock, up previously from $80.00. On a related note, analysts at Credit Suisse downgraded shares of Bank of Montreal from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 31st. 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 Thursday, May 29th. Seven research analysts have rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and a consensus price target of $76.50.
Bank of Montreal (NYSE: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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