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.

In other Bank of Montreal news, insider Joanna Michelle Rotenberg sold 4,250 shares of the company’s stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of C$93.00, for a total value of C$395,250.00.

COPYRIGHT VIOLATION NOTICE: “Bank of Montreal (BMO) PT Raised to C$98.00” was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The original version of this piece of content can be read at https://www.americanbankingnews.com/2017/12/06/bank-of-montreal-bmo-pt-raised-to-c98-00.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)

Receive News & Ratings for Bank of Montreal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Montreal and related companies with MarketBeat.com's FREE daily email newsletter.