NYSE:BMO - Bank of Montreal Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $113.08
  • Forecasted Upside: 8.31 %
  • Number of Analysts: 10
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$104.41
▼ -0.54 (-0.51%)
1 month | 3 months | 12 months
Get New Bank of Montreal Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for BMO and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for BMO

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$113.08
▲ +8.31% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Bank of Montreal in the last 3 months. The average price target is $113.08, with a high forecast of $136.00 and a low forecast of $88.00. The average price target represents a 8.31% upside from the last price of $104.41.

Buy

The current consensus among 10 polled investment analysts is to buy stock in Bank of Montreal. This rating has held steady since May 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
12/21/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 1 sell ratings
3/20/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 1 sell ratings
6/18/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 1 sell ratings
9/16/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 1 sell ratings
12/15/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/15/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 1 sell ratings
5/14/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 1 sell ratings
6/13/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/8/2021BarclaysBoost Price TargetPositive ➝ UnderweightC$125.00 ➝ C$126.00Low
i
Rating by John Aiken at Barclays PLC
5/27/2021BMO Capital MarketsBoost Price TargetOutperformC$128.00 ➝ C$136.00Low
i
4/21/2021Cannonball ResearchReiterated RatingBuyLow
i
3/8/2021National Bank FinancialUpgradeSector Perform ➝ OutperformLow
i
3/2/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$97.00 ➝ $108.00Low
i
3/2/2021Canaccord GenuityBoost Price TargetBuy$106.50 ➝ $112.50Low
i
3/2/2021BMO Capital MarketsUpgradeNeutral ➝ BuyMedium
i
3/2/2021Bank of AmericaUpgradeNeutral ➝ BuyMedium
i
2/24/2021BMO Capital MarketsBoost Price TargetSector Perform$102.00 ➝ $113.00Low
i
2/24/2021Canaccord GenuityReiterated RatingBuy$106.50 ➝ $112.50Low
i
2/24/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$97.00 ➝ $108.00High
i
2/17/2021ScotiabankUpgradeSector Perform ➝ Sector OutperformLow
i
2/16/2021BarclaysBoost Price TargetUnderweight$88.00 ➝ $96.00Low
i
1/11/2021BMO Capital MarketsBoost Price TargetSector Perform$93.00 ➝ $102.00Low
i
12/2/2020Credit Suisse GroupBoost Price TargetNeutral$90.00 ➝ $94.00Low
i
Rating by Mike Rizvanovic at Credit Suisse Group AG
12/2/2020Royal Bank of CanadaReiterated RatingMarket PerformLow
i
12/2/2020Canaccord GenuityReiterated RatingBuyLow
i
11/19/2020CIBCUpgradeOutperformer$95.00 ➝ $108.00Low
i
11/18/2020BMO Capital MarketsBoost Price TargetSector Perform$83.00 ➝ $87.00Low
i
10/6/2020Bank of AmericaUpgradeNeutral$88.00Low
i
10/6/2020BMO Capital MarketsUpgradeUnderperform ➝ Neutral$88.00Medium
i
8/26/2020Credit Suisse GroupBoost Price TargetNeutral$75.00 ➝ $81.00Medium
i
Rating by Mike Rizvanovic at Credit Suisse Group AG
8/19/2020BarclaysDowngradeEqual Weight ➝ UnderweightLow
i
8/10/2020DesjardinsReiterated RatingHoldMedium
i
Rating by D. Young at Desjardins
7/24/2020CIBCInitiated CoverageNeutralLow
i
6/29/2020Credit Suisse GroupInitiated CoverageHold$76.00Medium
i
Rating by Mike Rizvanovic at Credit Suisse Group AG
5/29/2020Royal Bank of CanadaReiterated RatingMarket PerformLow
i
5/28/2020Canaccord GenuityBoost Price TargetBuy$73.00 ➝ $79.00Medium
i
5/28/2020National Bank FinancialDowngradeOutperform ➝ Sector Perform$75.00Medium
i
Rating by G. Dechaine at National Bank Financial
5/27/2020BMO Capital MarketsDowngradeOutperform ➝ Sector Perform$75.00Medium
i
5/13/2020Bank of AmericaBoost Price TargetUnderperform$53.00 ➝ $75.00High
i
5/11/2020BarclaysLower Price TargetEqual Weight$69.00 ➝ $67.00Low
i
4/28/2020TD SecuritiesDowngradeStrong-Buy ➝ BuyLow
i
Rating by Mario Mendonca at TD Securities
3/20/2020TD SecuritiesUpgradeHold ➝ Buy$53.00High
i
2/26/2020Bank of AmericaBoost Price TargetUnderperform$103.00 ➝ $104.00High
i
2/26/2020Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformHigh
i
12/17/2019CitigroupDowngradeBuy ➝ Neutral$108.00Low
i
12/4/2019Credit Suisse GroupBoost Price TargetNeutral$93.00 ➝ $94.00Low
i
12/4/2019OppenheimerUpgradeNeutral ➝ OutperformLow
i
12/3/2019CIBCUpgradeNeutral ➝ Sector Outperform$109.00Low
i
Rating by Robert Sedran at CIBC
9/6/2019Credit Suisse GroupUpgradeUnderperform ➝ Neutral$93.00Low
i
8/20/2019ScotiabankReiterated RatingHoldLow
i
Rating by Sumit Malhotra at Scotiabank
6/11/2019BarclaysReiterated RatingHoldLow
i
Rating by John Aiken at Barclays PLC
5/30/2019Scotia Howard WeillReiterated RatingSector Outperform ➝ Sector PerformLow
i
5/30/2019Howard WeilDowngradeSector Outperform ➝ Sector PerformLow
i
5/17/2019BarclaysReiterated RatingHoldLow
i
Rating by John Aiken at Barclays PLC
1/28/2019Bank of AmericaDowngradeNeutral ➝ UnderperformMedium
i
12/12/2018MacquarieDowngradeOutperform ➝ NeutralLow
i
12/11/2018DesjardinsReiterated RatingHoldLow
i
Rating by Douglas Young at Desjardins
12/10/2018TD SecuritiesReiterated RatingHoldLow
i
Rating by Mario Mendonca at TD Securities
12/5/2018CormarkDowngradeOutperform ➝ Market Perform$115.00 ➝ $109.00High
i
12/4/2018BarclaysReiterated RatingHoldHigh
i
Rating by John Aiken at Barclays PLC
12/4/2018Canaccord GenuityReiterated RatingBuyHigh
i
Rating by Scott Chan CFA at Canaccord Genuity
12/4/2018TD SecuritiesDowngradeBuy ➝ HoldLow
i
Rating by Mario Mendonca at TD Securities
11/22/2018Canaccord GenuityReiterated RatingBuyLow
i
Rating by Scott Chan CFA at Canaccord Genuity
11/16/2018BarclaysReiterated RatingHoldMedium
i
Rating by John Aiken at Barclays PLC
8/29/2018Canaccord GenuityUpgradeHold ➝ BuyLow
i
7/18/2018BMO Capital MarketsUpgrade$78.97Low
i
7/18/2018Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$120.00Low
i
5/31/2018National Bank FinancialUpgradeSector Perform ➝ OutperformLow
i
Rating by G. Dechaine at National Bank Financial
2/15/2018MacquarieUpgradeNeutral ➝ OutperformLow
i
12/5/2017Canaccord GenuityReiterated RatingHold$105.00Low
i
Rating by Scott Chan CFA at Canaccord Genuity
11/22/2017ScotiabankReiterated RatingBuy$112.00N/A
i
10/24/2017MacquarieInitiated CoverageNeutral ➝ Neutral$81.00N/A
i
8/30/2017ScotiabankReiterated RatingBuy$101.00Low
i
8/29/2017Canaccord GenuitySet Price TargetHold$102.00High
i
Rating by Scott Chan CFA at Canaccord Genuity
7/18/2017Canaccord GenuityInitiated CoverageHold ➝ HoldLow
i
6/1/2017TD SecuritiesUpgradeHold ➝ BuyLow
i
5/25/2017Royal Bank of CanadaLower Price TargetSector Perform ➝ Sector Perform$108.00Medium
i
5/23/2017BarclaysUpgradeUnderweight ➝ Equal WeightMedium
i
5/18/2017CitigroupUpgradeNeutral ➝ BuyLow
i
3/1/2017ScotiabankUpgradeSector Perform ➝ OutperformN/A
i
1/20/2017BMO Capital MarketsReiterated RatingMarket Perform ➝ In-LineN/A
i
12/7/2016Royal Bank of CanadaReiterated RatingSector Perform$86.00 ➝ $97.00N/A
i
12/7/2016Canaccord GenuityUpgradeHold ➝ BuyN/A
i
11/23/2016Credit Suisse GroupUpgradeUnderperform ➝ NeutralN/A
i
11/14/2016Credit Suisse GroupInitiated CoverageUnderperformN/A
i
11/1/2016Bank of AmericaReiterated RatingNeutralN/A
i
10/18/2016ScotiabankReiterated RatingSector Perform$86.00N/A
i
10/5/2016ScotiabankReiterated RatingSector Perform$89.00 ➝ $86.00N/A
i
10/5/2016Dundee SecuritiesReiterated RatingNeutral$91.00 ➝ $90.00N/A
i
10/5/2016Royal Bank of CanadaReiterated RatingSector Perform$88.00N/A
i
10/4/2016Credit Suisse GroupDowngradeNeutral ➝ UnderperformN/A
i
9/21/2016Dundee SecuritiesInitiated CoverageNeutralN/A
i
9/11/2016Credit Suisse GroupReiterated RatingHoldN/A
i
8/25/2016TD SecuritiesReiterated RatingHold$86.00 ➝ $89.00N/A
i
Rating by Mario Mendonca at TD Securities
8/25/2016ScotiabankReiterated RatingSector Perform$86.00 ➝ $89.00N/A
i
8/25/2016National Bank FinancialReiterated RatingSector Perform$84.00 ➝ $88.00N/A
i
8/25/2016DesjardinsReiterated RatingHold$84.00 ➝ $86.00N/A
i
8/25/2016CIBCReiterated RatingSector PerformN/A
i
8/25/2016Royal Bank of CanadaReiterated RatingSector Perform$84.00 ➝ $88.00N/A
i
8/24/2016Royal Bank of CanadaBoost Price TargetSector Perform$84.00 ➝ $88.00N/A
i
8/21/2016BarclaysReiterated RatingUnderweight$70.00 ➝ $75.00N/A
i
8/4/2016DesjardinsReiterated RatingHold$82.00 ➝ $84.00N/A
i
(Data available from 6/14/2016 forward)
Bank of Montreal logo
Bank of Montreal provides diversified financial services primarily in North America. The company's personal banking products and services include checking and savings accounts, credit cards, mortgages, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, specialized banking programs, treasury and payment solutions, and risk management products for small business and commercial banking customers. It also offers investment and wealth advisory services; digital investing services; financial services and solutions; and investment management, and trust and custody services to institutional, retail, and high net worth investors. In addition, the company provides life insurance, accident and sickness insurance, and annuity products; creditor and travel insurance to bank customers; and reinsurance solutions. Further, it offers client's debt and equity capital-raising services, as well as loan origination and syndication, balance sheet management, and treasury management; strategic advice on mergers and acquisitions, restructurings, and recapitalizations, as well as valuation and fairness opinions; and trade finance, risk mitigation, and other operating services. Additionally, the company provides research and access to markets for institutional, corporate, and retail clients; trading solutions that include debt, foreign exchange, interest rate, credit, equity, securitization and commodities; new product development and origination services, as well as risk management advice and services to hedge against fluctuations; and funding and liquidity management services to its clients. It operates through approximately 1,400 bank branches and 4,800 automated banking machines in Canada and the United States. The company was founded in 1817 and is headquartered in Montreal, Canada.
Read More

Today's Range

Now: $104.41
$104.27
$105.12

50 Day Range

MA: $97.72
$89.26
$106.41

52 Week Range

Now: $104.41
$51.43
$106.88

Volume

419,800 shs

Average Volume

799,282 shs

Market Capitalization

$67.58 billion

P/E Ratio

14.98

Dividend Yield

3.19%

Beta

1.32

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, BMO Capital Markets, Canaccord Genuity, Cannonball Research, CIBC, Credit Suisse Group AG, Desjardins, National Bank Financial, Royal Bank of Canada, Scotiabank, and Zacks Investment Research.
View the latest analyst ratings for BMO.

What is the current price target for Bank of Montreal?

6 Wall Street analysts have set twelve-month price targets for Bank of Montreal in the last year. Their average twelve-month price target is $113.08, suggesting a possible upside of 8.3%. BMO Capital Markets has the highest price target set, predicting BMO will reach $136.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $88.00 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 1 sell rating, 2 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe BMO will outperform the market and that investors should add to their positions of Bank of Montreal.
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 416-867-6785 and its investor relations email address is [email protected] The official website for Bank of Montreal is www.bmo.com.