Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price target raised by analysts at National Bank Financial from C$103.00 to C$106.00 in a research note issued to investors on Friday. The firm currently has a “sector perform” rating on the bank’s stock. National Bank Financial’s price objective points to a potential upside of 3.50% from the company’s previous close.

Several other brokerages have also recently weighed in on BMO. Citigroup lifted their price target on Bank of Montreal from C$112.00 to C$116.00 in a research report on Monday, December 18th. Scotiabank lifted their price target on Bank of Montreal from C$112.00 to C$114.00 and gave the company an “outperform” rating in a research report on Wednesday, December 6th. Royal Bank of Canada lifted their price target on Bank of Montreal from C$108.00 to C$116.00 and gave the company a “sector perform” rating in a research report on Wednesday, December 6th. Eight Capital lifted their price target on Bank of Montreal from C$101.00 to C$106.00 in a research report on Wednesday, December 6th. Finally, CSFB lifted their price target on Bank of Montreal from C$102.00 to C$103.00 in a research report on Wednesday, December 6th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of C$106.25.

Shares of Bank of Montreal (BMO) traded up C$0.03 during midday trading on Friday, hitting C$102.42. The stock had a trading volume of 1,511,936 shares, compared to its average volume of 1,235,282. The stock has a market capitalization of $66,350.00, a PE ratio of 12.93 and a beta of 0.71. Bank of Montreal has a one year low of C$88.63 and a one year high of C$104.15.

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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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