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Bank of Montreal (TSE:BMO) declared a quarterly dividend on Tuesday, August 26th, Stock Ratings Network.com reports. Stockholders of record on Monday, November 3rd will be given a dividend of 0.78 per share on Wednesday, November 26th. This represents a $3.12 dividend on an annualized basis and a yield of 3.81%.

A number of analysts have recently weighed in on BMO shares. Analysts at Barclays raised their price target on shares of Bank of Montreal from C$80.00 to C$84.00 in a research note on Tuesday, August 19th. They now have an “equal weight” rating on the stock. On the ratings front, analysts at Keefe, Bruyette & Woods raised their price target on shares of Bank of Montreal from C$72.00 to C$84.00 in a research note on Tuesday, August 19th. They now have a “market perform” rating on the stock. Finally, 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. Nine research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of C$80.92.

Bank of Montreal (TSE:BMO) opened at 81.81 on Tuesday. Bank of Montreal has a 1-year low of $65.37 and a 1-year high of $82.79. The stock has a 50-day moving average of $80.77 and a 200-day moving average of $76.33. The company has a market cap of $52.767 billion and a price-to-earnings ratio of 12.50.

Bank of Montreal (TSE:BMO) last announced its earnings results on Thursday, May 29th. The company reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.10. Analysts expect that Bank of Montreal will post $6.55 EPS for the current fiscal year.

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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