Bank of Montreal - BMO Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $122.40
  • Forecasted Upside: 26.79%
  • Number of Analysts: 11
  • Breakdown:
  • 0 Sell Ratings
  • 7 Hold Ratings
  • 3 Buy Ratings
  • 1 Strong Buy Ratings
$96.54
▼ -0.08 (-0.08%)

This chart shows the closing price for BMO by one month, three months, or twelve months.

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Analyst Price Target for BMO

Analyst Price Target is $122.40
▲ +26.79% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Bank of Montreal in the last 3 months. The average price target is $122.40, with a high forecast of $133.00 and a low forecast of $112.00. The average price target represents a 26.79% upside from the last price of $96.54.

This chart shows the closing price for BMO for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 11 contributing investment analysts is to hold stock in Bank of Montreal. This rating has held steady since August 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
7/1/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/29/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/28/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/27/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/25/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 8 hold ratings
  • 0 sell ratings
9/23/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 8 hold ratings
  • 0 sell ratings
11/22/2024
  • 1 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 0 sell ratings
12/22/2024

Latest Recommendations

  • 1 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/6/2024Cibc World MktsUpgradeHold ➝ Strong-Buy
12/6/2024Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$106.00 ➝ $133.00
12/6/2024CIBCUpgradeNeutral ➝ Sector Outperform
12/6/2024ScotiabankUpgradeSector Perform ➝ Sector Outperform
8/28/2024BarclaysLower TargetOverweight ➝ Overweight$132.00 ➝ $126.00
8/28/2024Bank of AmericaDowngradeBuy ➝ Neutral$134.00 ➝ $117.00
8/28/2024ScotiabankDowngradeSector Outperform ➝ Sector Perform$123.00 ➝ $112.00
8/27/2024TD SecuritiesDowngradeBuy ➝ Hold
8/27/2024Jefferies Financial GroupDowngradeBuy ➝ Hold
7/30/2024Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform
7/2/2024UBS GroupInitiated CoverageNeutral
6/3/2024Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$137.00 ➝ $124.00
5/29/2024DesjardinsDowngradeBuy ➝ Hold
3/20/2024BarclaysInitiated CoverageOverweight
2/22/2024Jefferies Financial GroupInitiated CoverageBuy
12/20/2023National Bank FinancialUpgradeSector Perform ➝ Outperform
12/18/2023Bank of AmericaUpgradeNeutral ➝ Buy
8/21/2023BarclaysBoost TargetOverweight ➝ Overweight$123.00 ➝ $131.00
1/19/2023BMO Capital MarketsLower TargetC$151.00 ➝ C$147.50
12/19/2022Credit Suisse GroupInitiated CoverageOutperform
12/12/2022Bank Of America (Bofa)DowngradeBuy ➝ Neutral
12/12/2022Bank of AmericaDowngradeBuy ➝ Neutral
12/2/2022BMO Capital MarketsBoost TargetC$148.00 ➝ C$151.00
8/31/2022DesjardinsLower TargetC$153.00 ➝ C$150.00
8/31/2022Royal Bank of CanadaLower TargetC$158.00 ➝ C$151.00
8/31/2022BMO Capital MarketsDowngradeBuy ➝ ReduceC$152.50 ➝ C$150.50
8/16/2022BMO Capital MarketsLower TargetSector Perform ➝ Sector PerformC$152.00 ➝ C$151.00
5/27/2022DesjardinsLower TargetBuy ➝ BuyC$159.00 ➝ C$155.00
5/26/2022Stifel EuropeBoost TargetC$157.00 ➝ C$160.00
5/26/2022BMO Capital MarketsBoost TargetC$155.00 ➝ C$157.00
5/26/2022TD SecuritiesLower TargetBuy ➝ BuyC$160.00 ➝ C$155.00
5/20/2022Credit Suisse GroupInitiated CoverageOutperform
4/8/2022Stifel NicolausLower TargetBuy ➝ BuyC$172.00 ➝ C$171.00
3/31/2022BMO Capital MarketsBoost TargetC$161.00 ➝ C$163.00
3/7/2022National Bank FinancialDowngradeOutperform ➝ Sector Perform
3/7/2022BMO Capital MarketsDowngradeOutperform ➝ Sector PerformC$151.00
3/3/2022DesjardinsBoost TargetC$157.00 ➝ C$161.00
3/2/2022BMO Capital MarketsBoost TargetC$169.00 ➝ C$171.00
3/2/2022BarclaysBoost TargetOverweight ➝ OverweightC$167.00 ➝ C$171.00
3/2/2022Stifel EuropeBoost TargetBuy ➝ BuyC$170.00 ➝ C$172.00
3/2/2022TD SecuritiesBoost TargetBuy ➝ BuyC$170.00 ➝ C$175.00
3/2/2022ScotiabankUpgradeSector Perform ➝ Sector Outperform$165.00 ➝ $169.00
2/18/2022ScotiabankBoost TargetSector Perform ➝ Sector PerformC$162.00 ➝ C$165.00
2/18/2022Stifel EuropeInitiated CoverageBuy
2/18/2022Stifel NicolausInitiated CoverageBuy
1/19/2022BarclaysUpgradeEqual Weight ➝ Overweight$140.00 ➝ $165.00
12/21/2021ScotiabankDowngradeSector Outperform ➝ Sector Perform
12/21/2021Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$154.00 ➝ $160.00
12/7/2021DesjardinsBoost TargetBuy ➝ BuyC$146.00 ➝ C$150.00
12/6/2021BMO Capital MarketsBoost TargetOutperformC$149.00 ➝ C$151.00
12/6/2021TD SecuritiesBoost TargetBuy$150.00 ➝ $155.00
12/6/2021Royal Bank of CanadaBoost TargetSector Perform ➝ Sector PerformC$146.00 ➝ C$154.00
11/24/2021ScotiabankBoost TargetOutperformC$147.00 ➝ C$161.00
11/8/2021DesjardinsUpgradeHold ➝ Buy$138.00 ➝ $146.00
9/7/2021BarclaysUpgradeUnderweight ➝ Equal Weight$86.00 ➝ $83.00
8/26/2021DesjardinsBoost TargetHold ➝ HoldC$133.00 ➝ C$138.00
8/25/2021Bank of AmericaBoost TargetBuy$150.00 ➝ $152.00
8/25/2021CIBCBoost TargetOutperformer$139.00 ➝ $148.00
8/25/2021Credit Suisse GroupBoost TargetOutperform$138.00 ➝ $144.00
8/25/2021National Bank FinancialBoost TargetOutperform$139.00 ➝ $149.00
8/25/2021Royal Bank of CanadaBoost TargetSector PerformC$139.00 ➝ C$146.00
8/25/2021BMO Capital MarketsBoost TargetBuyC$150.00 ➝ C$152.00
8/17/2021ScotiabankBoost TargetC$138.00 ➝ C$147.00
8/13/2021BarclaysBoost TargetUnderweight$126.00 ➝ $127.00
6/15/2021BMO Capital MarketsBoost TargetOutperformC$136.00 ➝ C$139.00
6/8/2021BarclaysBoost TargetPositive ➝ UnderweightC$125.00 ➝ C$126.00
5/27/2021BMO Capital MarketsBoost TargetOutperformC$128.00 ➝ C$136.00
4/21/2021Cannonball ResearchReiterated RatingBuy
3/8/2021National Bank FinancialUpgradeSector Perform ➝ Outperform
3/2/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$97.00 ➝ $108.00
3/2/2021BMO Capital MarketsUpgradeNeutral ➝ Buy
3/2/2021Bank of AmericaUpgradeNeutral ➝ Buy
2/24/2021BMO Capital MarketsBoost TargetSector Perform$102.00 ➝ $113.00
2/24/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$97.00 ➝ $108.00
2/17/2021ScotiabankUpgradeSector Perform ➝ Sector Outperform
2/16/2021BarclaysBoost TargetUnderweight$88.00 ➝ $96.00
1/11/2021BMO Capital MarketsBoost TargetSector Perform$93.00 ➝ $102.00
12/2/2020Credit Suisse GroupBoost TargetNeutral$90.00 ➝ $94.00
12/2/2020Royal Bank of CanadaReiterated RatingMarket Perform
11/19/2020CIBCUpgradeOutperformer$95.00 ➝ $108.00
11/18/2020BMO Capital MarketsBoost TargetSector Perform$83.00 ➝ $87.00
10/6/2020Bank of AmericaUpgradeNeutral$88.00
10/6/2020BMO Capital MarketsUpgradeUnderperform ➝ Neutral$88.00
8/26/2020Credit Suisse GroupBoost TargetNeutral$75.00 ➝ $81.00
8/19/2020BarclaysDowngradeEqual Weight ➝ Underweight
8/10/2020DesjardinsReiterated RatingHold
7/24/2020CIBCInitiated CoverageNeutral
6/29/2020Credit Suisse GroupInitiated CoverageHold$76.00
5/29/2020Royal Bank of CanadaReiterated RatingMarket Perform
5/28/2020National Bank FinancialDowngradeOutperform ➝ Sector Perform$75.00
5/27/2020BMO Capital MarketsDowngradeOutperform ➝ Sector Perform$75.00
5/13/2020Bank of AmericaBoost TargetUnderperform$53.00 ➝ $75.00
5/11/2020BarclaysLower TargetEqual Weight$69.00 ➝ $67.00
4/28/2020TD SecuritiesDowngradeStrong-Buy ➝ Buy
3/20/2020TD SecuritiesUpgradeHold ➝ Buy$53.00
2/26/2020Bank of AmericaBoost TargetUnderperform$103.00 ➝ $104.00
2/26/2020Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform
(Data available from 12/22/2019 forward)

News Sentiment Rating

0.84 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 15 very positive mentions
  • 9 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
5/26/2024
  • 24 very positive mentions
  • 17 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
6/25/2024
  • 13 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/25/2024
  • 12 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/24/2024
  • 25 very positive mentions
  • 29 positive mentions
  • 7 negative mentions
  • 1 very negative mentions
9/23/2024
  • 13 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/23/2024
  • 25 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/22/2024
  • 34 very positive mentions
  • 31 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
12/22/2024

Current Sentiment

  • 34 very positive mentions
  • 31 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Bank of Montreal logo
Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments. The company's personal banking products and services include deposits, mortgages, home lending, consumer credit, small business lending, credit cards, cash management, financial and investment advice, and other banking services; and commercial banking products and services comprise various of financing options and treasury and payment solutions, as well as risk management products. It also offers investing, banking, and wealth management advisory; digital investing services; financial solutions for individuals, families, and businesses; provides investment management services to institutional, retail, and high net worth investors; and diversified insurance, and wealth and pension de-risking solutions. In addition, the company provides individual life, critical illness and annuity products, as well as segregated funds, and group creditor and travel insurance to customers; debt and equity capital-raising, loan origination and syndication, balance sheet management, treasury management, mergers and acquisitions advice, restructurings and recapitalizations, trade finance, and risk mitigation services, as well as a range of banking and other operating services. Further, the company offers research and access to financial markets for institutional, corporate and retail clients through an integrated suite of sales and trading solutions related to debt, foreign exchange, interest rates, credit, equities, securitization, and commodities; provides new product development and origination services, as well as risk management and advisory services for hedging strategies, including in interest rates, foreign exchange rates and commodities prices; and funding and liquidity management services. The company was founded in 1817 and is headquartered in Montreal, Canada.
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Today's Range

Now: $96.54
Low: $95.64
High: $96.78

50 Day Range

MA: $94.86
Low: $90.06
High: $103.40

52 Week Range

Now: $96.54
Low: $76.98
High: $104.63

Volume

535,499 shs

Average Volume

888,784 shs

Market Capitalization

$70.44 billion

P/E Ratio

13.83

Dividend Yield

4.74%

Beta

1.1

Frequently Asked Questions

What sell-side analysts currently cover shares of Bank of Montreal?

The following equities research analysts have issued reports on Bank of Montreal in the last twelve months: Bank of America Co., Barclays PLC, CIBC, Cibc World Mkts, Desjardins, Jefferies Financial Group Inc., Keefe, Bruyette & Woods, Royal Bank of Canada, Scotiabank, StockNews.com, TD Securities, and UBS Group AG.
View the latest analyst ratings for BMO.

What is the current price target for Bank of Montreal?

0 Wall Street analysts have set twelve-month price targets for Bank of Montreal in the last year. Their average twelve-month price target is $122.40, suggesting a possible upside of 26.8%. Royal Bank of Canada has the highest price target set, predicting BMO will reach $133.00 in the next twelve months. Scotiabank has the lowest price target set, forecasting a price of $112.00 for Bank of Montreal in the next year.
View the latest price targets for BMO.

What is the current consensus analyst rating for Bank of Montreal?

Bank of Montreal currently has 7 hold ratings, 3 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in BMO, but not buy more shares or sell existing shares.
View the latest ratings for BMO.

What other companies compete with Bank of Montreal?

How do I contact Bank of Montreal's investor relations team?

Bank of Montreal's physical mailing address is 100 King Street West 1 First Canadian Place, TORONTO A6, M5X 1A1. The bank's listed phone number is (416) 867-3996 and its investor relations email address is [email protected]. The official website for Bank of Montreal is www.bmo.com. Learn More about contacing Bank of Montreal investor relations.