Bank of Montreal (BMO) PT Raised to C$103.00

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price objective upped by National Bank Financial from C$100.00 to C$103.00 in a research note issued on Wednesday. The firm currently has a “sector perform” rating on the bank’s stock. National Bank Financial’s target price indicates a potential upside of 3.89% from the company’s previous close.

A number of other analysts have also recently issued reports on BMO. Barclays boosted their target price on Bank of Montreal from C$98.00 to C$99.00 in a report on Friday, August 11th. Canaccord Genuity boosted their price target on Bank of Montreal from C$99.00 to C$102.00 and gave the stock a “hold” rating in a research report on Wednesday, August 30th. CIBC reduced their price target on Bank of Montreal from C$101.00 to C$100.00 in a research report on Wednesday, August 30th. Scotiabank reduced their price target on Bank of Montreal from C$103.00 to C$101.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 30th. Finally, CSFB boosted their price target on Bank of Montreal from C$102.00 to C$103.00 in a research report on Wednesday. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Bank of Montreal currently has a consensus rating of “Hold” and an average target price of C$103.36.

Shares of Bank of Montreal (BMO) traded down C$0.45 during trading hours on Wednesday, hitting C$99.14. The stock had a trading volume of 1,721,866 shares, compared to its average volume of 1,447,193. Bank of Montreal has a 1-year low of C$88.63 and a 1-year high of C$104.15.

In related news, insider Joanna Michelle Rotenberg sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of C$94.81, for a total transaction of C$189,620.00.

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Bank of Montreal Company Profile

Bank of Montreal (the Bank) is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets.

Analyst Recommendations for Bank of Montreal (TSE:BMO)

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Bank of Montreal (BMO) PT Raised to C$103.00

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price target increased by research analysts at CSFB from C$102.00 to C$103.00 in a note issued to investors on Wednesday. CSFB’s price objective suggests a potential upside of 3.89% from the stock’s current price.

Several other equities analysts have also recently issued reports on BMO. Canaccord Genuity boosted their price target on shares of Bank of Montreal from C$103.00 to C$105.00 in a research report on Wednesday. Barclays upped their price objective on shares of Bank of Montreal from C$97.00 to C$98.00 in a report on Wednesday. Scotiabank cut their price objective on shares of Bank of Montreal from C$103.00 to C$101.00 and set an “outperform” rating on the stock in a report on Wednesday, August 30th. Finally, CIBC upped their price objective on shares of Bank of Montreal from C$100.00 to C$107.00 in a report on Monday, November 13th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of C$103.36.

Shares of Bank of Montreal (TSE BMO) traded down C$0.45 during midday trading on Wednesday, hitting C$99.14. 1,721,866 shares of the company traded hands, compared to its average volume of 1,447,193. Bank of Montreal has a one year low of C$88.63 and a one year high of C$104.15.

In related news, insider Joanna Michelle Rotenberg sold 2,000 shares of the stock in a transaction that occurred on Friday, September 29th. The shares were sold at an average price of C$94.81, for a total transaction of C$189,620.00.

TRADEMARK VIOLATION NOTICE: “Bank of Montreal (BMO) PT Raised to C$103.00” was first published by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another domain, it was illegally copied and reposted in violation of U.S. and international copyright & trademark legislation. The correct version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/12/06/bank-of-montreal-bmo-pt-raised-to-c103-00.html.

Bank of Montreal Company Profile

Bank of Montreal (the Bank) is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets.

Analyst Recommendations for Bank of Montreal (TSE:BMO)

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