Bank of Montreal (TSE:BMO) Receives Average Recommendation of "Hold" from Analysts

Market Beat
2025.04.21 06:34
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Bank of Montreal (TSE:BMO) has received an average analyst rating of "Hold" from fifteen brokerages, with eight hold ratings and seven buy ratings. The average 1-year price target is C$146.85. Recent reports include Canaccord Genuity raising its target to C$165.00 and Scotiabank lowering it to C$159.00. The stock opened at C$129.32, with a market cap of C$93.67 billion and a dividend of $1.59 scheduled for May 27th, yielding 4.92%.

Bank of Montreal (TSE:BMO - Get Free Report) NYSE: BMO has earned an average rating of "Hold" from the fifteen brokerages that are covering the firm, MarketBeat reports. Eight research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$146.85.

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BMO has been the topic of a number of recent analyst reports. Canaccord Genuity Group lifted their price objective on Bank of Montreal from C$154.00 to C$165.00 and gave the stock a "buy" rating in a research note on Wednesday, February 26th. Scotiabank dropped their price target on Bank of Montreal from C$160.00 to C$159.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. Royal Bank of Canada set a C$163.00 price objective on Bank of Montreal and gave the company an "outperform" rating in a research report on Monday, March 17th. National Bankshares dropped their target price on shares of Bank of Montreal from C$161.00 to C$144.00 and set an "outperform" rating on the stock in a research report on Monday, April 7th. Finally, Desjardins increased their price target on shares of Bank of Montreal from C$147.00 to C$155.00 and gave the company a "hold" rating in a report on Wednesday, February 26th.

Read Our Latest Stock Report on BMO

Insiders Place Their Bets

In other Bank of Montreal news, Senior Officer Nadim Hirji sold 3,238 shares of the company's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of C$148.87, for a total value of C$482,024.87. Corporate insiders own 0.03% of the company's stock.

Bank of Montreal Price Performance

Shares of BMO opened at C$129.32 on Friday. The company has a market capitalization of C$93.67 billion, a PE ratio of 12.77, a price-to-earnings-growth ratio of 0.71 and a beta of 1.16. Bank of Montreal has a one year low of C$109.02 and a one year high of C$151.08. The company's fifty day moving average price is C$137.85 and its 200 day moving average price is C$136.34.

Bank of Montreal Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Tuesday, May 27th will be given a $1.59 dividend. This represents a $6.36 annualized dividend and a yield of 4.92%. The ex-dividend date is Tuesday, April 29th. Bank of Montreal's dividend payout ratio (DPR) is presently 61.20%.

Bank of Montreal Company Profile

(Get Free Report

Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets.

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