Bank of Montreal (BMO) PT Raised to C$98.00
Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price target hoisted by equities research analysts at Barclays from C$97.00 to C$98.00 in a research report issued to clients and investors on Wednesday. Barclays’ target price points to a potential downside of 1.15% from the stock’s previous close.
BMO has been the subject of several other research reports. CIBC lowered their price target on Bank of Montreal from C$101.00 to C$100.00 in a report on Wednesday, August 30th. Scotiabank decreased their target price on Bank of Montreal from C$103.00 to C$101.00 and set an “outperform” rating for the company in a report on Wednesday, August 30th. Finally, Canaccord Genuity decreased their target price on Bank of Montreal from C$103.00 to C$99.00 in a report on Wednesday, November 1st. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of C$103.36.
Bank of Montreal (TSE BMO) traded down C$0.45 on Wednesday, reaching C$99.14. The company’s stock had a trading volume of 1,721,866 shares, compared to its average volume of 1,447,193. Bank of Montreal has a 52 week low of C$88.63 and a 52 week high of C$104.15.
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.
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