BMO Capital Markets Stock Recommendations and Price Targets

BMO Capital Markets is the investment banking and capital markets arm of Bank of Montreal, aka BMO Financial Group. It serves corporate, institutional, and government clients in North America, providing equity and debt underwriting, corporate lending and project finance, M&A advisory, and equity and debt research. The company has more than 25 offices worldwide; about half are in North America. BMO Capital Markets was formed in 2006 when BMO Financial combined its US, Canadian, and international wholesale banking operations.

This is a list of recent ratings by BMO Capital Markets.

Company NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
Turquoise Hill Resources logo
TRQ
Turquoise Hill Resources
DowngradeC$18.00C$23.00 ➝ C$18.00Outperform ➝ Market PerformN/A
Bombardier logo
BDRBF
Bombardier
Upgrade$1.00Market Perform ➝ OutperformHigh
Tapestry logo
TPR
Tapestry
Boost Price Target$42.00$36.00 ➝ $45.00Market PerformMedium
Black Diamond Group logo
BDI
Black Diamond Group
Boost Price TargetC$3.00C$4.00 ➝ C$4.25N/A
Bombardier, Inc. Class B logo
BBD.B
Bombardier, Inc. Class B
UpgradeC$1.00C$0.85 ➝ C$1.25Market Perform ➝ OutperformN/A
Canadian Natural Resources logo
CNQ
Canadian Natural Resources
Boost Price TargetC$39.00C$42.00 ➝ C$45.00N/A
Equinox Gold logo
EQX
Equinox Gold
Boost Price TargetC$8.00C$20.00 ➝ C$20.50N/A
Freehold Royalties logo
FRU
Freehold Royalties
Boost Price TargetC$8.00C$6.00 ➝ C$9.00N/A
Granite Real Estate Investment Trust logo
GRT.UN
Granite Real Estate Investment Trust
Boost Price TargetC$74.00C$83.00 ➝ C$85.00N/A
Kinaxis logo
KXS
Kinaxis
Lower Price TargetC$133.00C$250.00 ➝ C$170.00N/A
Martinrea International Inc. (MRE.TO) logo
MRE
Martinrea International Inc. (MRE.TO)
Boost Price TargetC$14.00C$16.00 ➝ C$17.00N/A
Tricon Residential logo
TCN
Tricon Residential
Boost Price TargetC$12.00C$14.00 ➝ C$15.00OutperformN/A
Turquoise Hill Resources logo
TRQ
Turquoise Hill Resources
Lower Price TargetC$18.00Outperform ➝ NAN/A
Black Diamond Group logo
BDIMF
Black Diamond Group
Boost Price Target$3.00$4.00 ➝ $4.25OutperformLow
Canadian Natural Resources logo
CNQ
Canadian Natural Resources
Boost Price Target$31.00$42.00 ➝ $45.00OutperformLow
Freehold Royalties logo
FRHLF
Freehold Royalties
Boost Price Target$6.00$6.00 ➝ $9.00Market PerformLow
Martinrea International logo
MRETF
Martinrea International
Boost Price Target$11.00$16.00 ➝ $17.00Market PerformLow
Tricon Residential logo
TCNGF
Tricon Residential
Boost Price Target$10.00$14.00 ➝ $15.00OutperformLow
Kinaxis logo
KXSCF
Kinaxis
Lower Price Target$102.00$250.00 ➝ $170.00OutperformLow
EQX
Equinox Gold
Boost Price TargetC$10.00C$20.00 ➝ C$20.50N/A
Nielsen logo
NLSN
Nielsen
Upgrade$25.00$20.00 ➝ $30.00Market Perform ➝ OutperformHigh
LiveRamp logo
RAMP
LiveRamp
Downgrade$53.00$80.00 ➝ $65.00Outperform ➝ Market PerformHigh
AGCO logo
AGCO
AGCO
Boost Price Target$133.00$155.00 ➝ $200.00OutperformLow
Dollar Tree logo
DLTR
Dollar Tree
Lower Price Target$104.00$115.00 ➝ $110.00Market PerformLow
Darling Ingredients logo
DAR
Darling Ingredients
Boost Price Target$74.00$63.00 ➝ $72.00Market PerformHigh
Okta logo
OKTA
Okta
Lower Price Target$216.00$285.00 ➝ $265.00OutperformHigh
Artis Real Estate Investment Trust Unit logo
AX.UN
Artis Real Estate Investment Trust Unit
Boost Price TargetC$11.00C$12.00 ➝ C$12.50N/A
Cardinal Energy logo
CJ
Cardinal Energy
Boost Price TargetC$2.00C$1.25 ➝ C$2.00N/A
Evertz Technologies logo
ET
Evertz Technologies
Boost Price TargetC$14.00C$16.50 ➝ C$17.50N/A
First National Financial logo
FN
First National Financial
Boost Price TargetC$48.00C$46.00 ➝ C$52.00N/A
Frontera Energy logo
FEC
Frontera Energy
Boost Price TargetC$7.00C$4.00 ➝ C$6.50N/A
Laurentian Bank of Canada logo
LB
Laurentian Bank of Canada
Boost Price TargetC$40.00C$32.00 ➝ C$38.00N/A
MEG Energy logo
MEG
MEG Energy
Boost Price TargetC$8.00C$6.50 ➝ C$8.00N/A
Paramount Resources logo
POU
Paramount Resources
Boost Price TargetC$11.00C$12.00 ➝ C$14.00N/A
Parex Resources logo
PXT
Parex Resources
Boost Price TargetC$24.00C$28.00 ➝ C$30.00N/A
Peyto Exploration & Development logo
PEY
Peyto Exploration & Development
Boost Price TargetC$6.00C$5.75 ➝ C$6.00N/A
Sleep Country Canada logo
ZZZ
Sleep Country Canada
Boost Price TargetC$31.00C$30.00 ➝ C$36.00N/A
Artis Real Estate Investment Trust logo
ARESF
Artis Real Estate Investment Trust
Boost Price Target$9.00$12.00 ➝ $12.50OutperformMedium
Cardinal Energy logo
CRLFF
Cardinal Energy
Boost Price Target$2.00$1.25 ➝ $2.00OutperformMedium
Evertz Technologies logo
EVTZF
Evertz Technologies
Boost Price Target$11.00$16.50 ➝ $17.50OutperformLow
FECCF
Frontera Energy
Boost Price Target$5.00$4.00 ➝ $6.50Market PerformHigh
MEG Energy logo
MEGEF
MEG Energy
Boost Price Target$6.00$6.50 ➝ $8.00OutperformHigh
PEYUF
Peyto Exploration & Development
Boost Price Target$5.00$5.75 ➝ $6.00Market PerformHigh
Paramount Resources logo
PRMRF
Paramount Resources
Boost Price Target$9.00$12.00 ➝ $14.00OutperformHigh
Parex Resources logo
PARXF
Parex Resources
Boost Price Target$19.00$28.00 ➝ $30.00OutperformHigh
Sleep Country Canada logo
SCCAF
Sleep Country Canada
Boost Price Target$22.00$30.00 ➝ $36.00OutperformLow
Turquoise Hill Resources logo
TRQ
Turquoise Hill Resources
Downgrade$14.00$23.00 ➝ $18.00Outperform ➝ Market PerformMedium
Laurentian Bank of Canada logo
LRCDF
Laurentian Bank of Canada
Reiterated Rating$32.00Market PerformLow
Houghton Mifflin Harcourt logo
HMHC
Houghton Mifflin Harcourt
Boost Price Target$6.00$3.00 ➝ $6.00Market PerformHigh
Intrepid Potash logo
IPI
Intrepid Potash
Boost Price Target$31.00$15.00 ➝ $30.00Market PerformLow
Target logo
TGT
Target
Boost Price Target$173.00$185.00 ➝ $205.00OutperformLow
Spin Master logo
SNMSF
Spin Master
Boost Price Target$30.00$28.00 ➝ $32.00Market PerformLow
fuboTV logo
FUBO
fuboTV
Lower Price Target$30.00$50.00 ➝ $45.00High
UFP Industries logo
UFPI
UFP Industries
Boost Price Target$62.00$57.00 ➝ $66.00Medium
Spin Master logo
TOY
Spin Master
Boost Price TargetC$41.00C$28.00 ➝ C$32.00N/A
Extra Space Storage logo
EXR
Extra Space Storage
Upgrade$124.00$122.00 ➝ $145.00Market Perform ➝ OutperformLow
Bank of Montreal logo
BMO
Bank of Montreal
Upgrade$85.00Neutral ➝ BuyMedium
Republic Services logo
RSG
Republic Services
Lower Price Target$94.00$107.00 ➝ $102.00OutperformLow
Kodiak Sciences logo
KOD
Kodiak Sciences
Lower Price Target$120.00$148.00 ➝ $138.00Market PerformMedium
Travere Therapeutics logo
TVTX
Travere Therapeutics
Lower Price Target$27.00$48.00 ➝ $43.00High
Air Canada (AC.TO) logo
AC
Air Canada (AC.TO)
Lower Price TargetC$27.00C$50.00 ➝ C$33.00OutperformN/A
CAE Inc. (CAE.TO) logo
CAE
CAE Inc. (CAE.TO)
Boost Price TargetC$39.00C$36.00 ➝ C$42.00N/A
Cargojet Inc. (CJT.TO) logo
CJT
Cargojet Inc. (CJT.TO)
Lower Price TargetC$167.00C$270.00 ➝ C$245.00N/A
NFI Group logo
NFI
NFI Group
Lower Price TargetC$28.00C$42.00 ➝ C$40.00N/A
Tamarack Valley Energy logo
TVE
Tamarack Valley Energy
Boost Price TargetC$2.00C$1.75 ➝ C$2.25OutperformN/A
CAE logo
CAE
CAE
Boost Price Target$31.00$36.00 ➝ $42.00OutperformLow
TNEYF
Tamarack Valley Energy
Boost Price Target$2.00$1.75 ➝ $2.25Market PerformHigh
Air Canada logo
ACDVF
Air Canada
Lower Price Target$21.00$50.00 ➝ $33.00OutperformMedium
Cargojet logo
CGJTF
Cargojet
Lower Price Target$134.00$270.00 ➝ $245.00OutperformLow
NFI Group logo
NFYEF
NFI Group
Lower Price Target$22.00$42.00 ➝ $40.00OutperformMedium
ATC
Atotech
Initiated Coverage$21.00 $24.00OutperformLow
TIXT
TELUS International (Cda)
Initiated Coverage$29.00 $34.00OutperformLow
Welbilt logo
WBT
Welbilt
Boost Price Target$16.00$8.50 ➝ $17.00Market PerformLow
Qualtrics International logo
XM
Qualtrics International
Initiated Coverage$35.00 $52.00Market PerformLow
Palo Alto Networks logo
PANW
Palo Alto Networks
Upgrade$335.00 $455.00Market Perform ➝ OutperformLow
Starbucks logo
SBUX
Starbucks
Upgrade$105.00$102.00 ➝ $120.00Market Perform ➝ OutperformLow
AMN Healthcare Services logo
AMN
AMN Healthcare Services
Boost Price Target$73.00$81.00 ➝ $86.00OutperformLow
Osisko Gold Royalties logo
OR
Osisko Gold Royalties
Reiterated RatingC$14.00OutperformN/A
Aecon Group logo
AEGXF
Aecon Group
Boost Price Target$15.00$18.00 ➝ $19.00Market PerformHigh
Canfor logo
CFPZF
Canfor
Boost Price Target$21.00$29.00 ➝ $31.00OutperformHigh
Crombie Real Estate Investment Trust logo
CROMF
Crombie Real Estate Investment Trust
Boost Price Target$12.00$14.50 ➝ $15.50OutperformLow
Canadian Western Bank logo
CBWBF
Canadian Western Bank
Boost Price Target$27.00$31.00 ➝ $33.00Market PerformLow
Element Fleet Management logo
ELEEF
Element Fleet Management
Lower Price Target$10.00$17.00 ➝ $16.00OutperformLow
Innergex Renewable Energy logo
INGXF
Innergex Renewable Energy
Lower Price Target$17.00$30.00 ➝ $27.00OutperformMedium
Canadian Imperial Bank of Commerce logo
CM
Canadian Imperial Bank of Commerce
Upgrade$97.00Market Perform ➝ OutperformMedium
Advantage Oil & Gas logo
AAV
Advantage Oil & Gas
Boost Price TargetC$3.00C$2.75 ➝ C$3.50Market PerformN/A
Boralex Inc. (BLX.TO) logo
BLX
Boralex Inc. (BLX.TO)
Lower Price TargetC$40.00C$55.00 ➝ C$48.00N/A
CCL Industries logo
CCL.B
CCL Industries
Boost Price TargetC$69.00C$68.00 ➝ C$78.00N/A
Canadian Imperial Bank of Commerce (CM.TO) logo
CM
Canadian Imperial Bank of Commerce (CM.TO)
UpgradeC$123.00C$124.00 ➝ C$130.00Market Perform ➝ OutperformN/A
Enerflex logo
EFX
Enerflex
Boost Price TargetC$9.00C$9.00 ➝ C$11.00N/A
Kelt Exploration logo
KEL
Kelt Exploration
Boost Price TargetC$3.00C$2.75 ➝ C$3.50N/A
NuVista Energy Ltd. (NVA.TO) logo
NVA
NuVista Energy Ltd. (NVA.TO)
Boost Price TargetC$2.00C$1.25 ➝ C$2.50N/A
Pason Systems logo
PSI
Pason Systems
Boost Price TargetC$10.00C$9.00 ➝ C$10.00N/A
Pembina Pipeline logo
PPL
Pembina Pipeline
Boost Price TargetC$36.00C$35.00 ➝ C$37.00Market PerformN/A
Sabina Gold & Silver Corp. (SBB.TO) logo
SBB
Sabina Gold & Silver Corp. (SBB.TO)
Boost Price TargetC$2.00C$3.50 ➝ C$3.75N/A
Secure Energy Services logo
SES
Secure Energy Services
Boost Price TargetC$3.00C$3.75 ➝ C$4.25N/A
Stantec logo
STN
Stantec
Boost Price TargetC$52.00C$50.00 ➝ C$56.00N/A
The Toronto-Dominion Bank (TD.TO) logo
TD
The Toronto-Dominion Bank (TD.TO)
Boost Price TargetC$80.00C$75.00 ➝ C$82.00Market PerformN/A
FOOD
Goodfood Market
Reiterated RatingC$9.00 C$14.00Market PerformN/A
Torex Gold Resources logo
TXG
Torex Gold Resources
Lower Price TargetC$16.00 C$32.00NAN/A