BMO Capital Markets Stock Recommendations and Price Targets

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

DateCompany NameActionCurrent
Price
Price
Target
Rating
5/4/2026
TRP
TC Energy
Reiterated Rating$66.00Outperform ➝ Outperform
5/4/2026
TFII
TFI International
Reiterated Rating$135.00 $140.00Market Perform ➝ Market Perform
5/4/2026
XHR
Xenia Hotels & Resorts
Reiterated Rating$16.00 $19.00Outperform ➝ Outperform
5/4/2026
WELL
Welltower
Reiterated Rating$217.00 $245.00Outperform ➝ Outperform
5/4/2026
VTR
Ventas
Reiterated Rating$88.00 $100.00Outperform ➝ Outperform
5/4/2026
PEB
Pebblebrook Hotel Trust
Reiterated Rating$14.00 $15.00Market Perform ➝ Market Perform
5/4/2026
OHI
Omega Healthcare Investors
Reiterated Rating$46.00 $52.00Market Perform ➝ Market Perform
5/4/2026
YUM
Yum! Brands
Reiterated Rating$154.00 $168.00Market Perform ➝ Market Perform
5/4/2026
LNT
Alliant Energy
Set Price Target$74.00 $81.00
5/4/2026
REAL
Real Matters
Lower Price TargetC$6.00C$7.00 ➝ C$6.00Market Perform
5/4/2026
EAF
GrafTech International
Boost Price Target$9.00$6.00 ➝ $8.00Market Perform ➝ Market Perform
5/4/2026
FTNT
Fortinet
Boost Price Target$89.00$95.00 ➝ $100.00Market Perform ➝ Market Perform
5/4/2026
CHKP
Check Point Software Technologies
Lower Price Target$117.00$210.00 ➝ $135.00Outperform ➝ Outperform
5/4/2026
CEG
Constellation Energy
Boost Price Target$321.00$386.00 ➝ $390.00Outperform ➝ Outperform
5/4/2026
FFH
Fairfax Financial
Lower Price TargetC$2,210.00C$2,550.00 ➝ C$2,400.00
5/1/2026
BTSG
BrightSpring Health Services
Boost Price Target$54.00$52.00 ➝ $60.00Outperform ➝ Outperform
5/1/2026
BDRBF
Bombardier
Reiterated Rating$205.00Outperform ➝ Outperform
5/1/2026
ATGFF
AltaGas
Reiterated Rating$39.00Outperform ➝ Outperform
5/1/2026
APD
Air Products and Chemicals
Upgrade$298.00 $360.00Market Perform ➝ Outperform
5/1/2026
TEAM
Atlassian
Lower Price Target$93.00$130.00 ➝ $105.00Outperform
5/1/2026
WTW
Willis Towers Watson Public
Upgrade$260.00$347.00 ➝ $300.00Market Perform ➝ Outperform
5/1/2026
BBD.B
Bombardier, Inc. Class B
Boost Price TargetC$279.00C$300.00 ➝ C$320.00
5/1/2026
PWR
Quanta Services
Boost Price Target$758.00$650.00 ➝ $800.00Outperform ➝ Outperform
4/30/2026
CPXWF
Capital Power
Reiterated Rating$48.00Outperform ➝ Outperform
4/30/2026
PDS
Precision Drilling
Reiterated Rating$96.00Outperform ➝ Outperform
4/30/2026
CTSH
Cognizant Technology Solutions
Lower Price Target$52.00$83.00 ➝ $63.00
4/30/2026
EBAY
eBay
Boost Price Target$109.00$120.00 ➝ $130.00
4/30/2026
PD
Precision Drilling
Boost Price TargetC$130.00C$160.00 ➝ C$165.00
4/30/2026
GOOGL
Alphabet
Boost Price Target$383.00$410.00 ➝ $435.00Outperform ➝ Outperform
4/29/2026
TMTNF
Toromont Industries
Reiterated Rating$158.00Outperform ➝ Outperform
4/29/2026
IGIFF
IGM Financial
Reiterated Rating$56.00Market Perform ➝ Market Perform
4/29/2026
AEGXF
Aecon Group
Reiterated Rating$40.00Market Perform ➝ Market Perform
4/29/2026
FLNC
Fluence Energy
Reiterated Rating$12.00 $15.00Market Perform ➝ Market Perform
4/29/2026
ARE
Aecon Group
Boost Price TargetC$54.00C$45.00 ➝ C$49.00Market Perform
4/29/2026
IGM
IGM Financial
Boost Price TargetC$76.00C$68.00 ➝ C$72.00
4/29/2026
BKNG
Booking
Lower Price Target$165.00$248.00 ➝ $240.00Outperform ➝ Outperform
4/29/2026
TIH
Toromont Industries
Boost Price TargetC$218.00C$215.00 ➝ C$228.00
4/28/2026
AETUF
Arc Resources
Downgrade$23.00Outperform ➝ Market Perform
4/28/2026
ARX
ARC Resources
DowngradeC$32.00C$30.00 ➝ C$32.00Outperform ➝ Market Perform
4/28/2026
NUE
Nucor
Boost Price Target$226.00$196.00 ➝ $235.00Outperform ➝ Outperform
4/28/2026
DPZ
Domino's Pizza
Lower Price Target$330.00$500.00 ➝ $450.00Outperform ➝ Outperform
4/28/2026
MSFT
Microsoft
Lower Price Target$414.00$575.00 ➝ $505.00Outperform ➝ Outperform
4/27/2026
SOBO
South Bow
Reiterated Rating$35.00Market Perform ➝ Market Perform
4/27/2026
COUR
Coursera
Lower Price Target$6.00$8.00 ➝ $7.00Outperform ➝ Outperform
4/27/2026
NEE
NextEra Energy
Reiterated Rating$96.00$99.00 ➝ $104.00Outperform ➝ Outperform
4/27/2026
SLB
SLB
Boost Price Target$56.00$55.00 ➝ $63.00Outperform ➝ Outperform
4/27/2026
BKR
Baker Hughes
Boost Price Target$69.00$70.00 ➝ $80.00Outperform ➝ Outperform
4/27/2026
STRA
Strategic Education
Lower Price Target$77.00$95.00 ➝ $86.00Outperform ➝ Outperform
4/27/2026
GIB.A
CGI
Lower Price TargetC$90.00C$137.00 ➝ C$122.00Outperform
4/27/2026
NSC
Norfolk Southern
Boost Price Target$312.00$305.00 ➝ $310.00Market Perform ➝ Market Perform
4/27/2026
RS
Reliance
Boost Price Target$363.00$320.00 ➝ $350.00Market Perform ➝ Market Perform
4/24/2026
MLLGF
Mullen Group
Reiterated Rating$15.00Outperform ➝ Outperform
4/24/2026
WCN
Waste Connections
Reiterated Rating$160.00$206.00 ➝ $208.00Outperform ➝ Outperform
4/24/2026
TBRG
TruBridge
Reiterated Rating$26.00 $26.25Market Perform ➝ Market Perform
4/24/2026
UNP
Union Pacific
Reiterated Rating$264.00$278.00 ➝ $285.00Market Perform ➝ Market Perform
4/24/2026
NEM
Newmont
Boost Price Target$108.00$140.00 ➝ $145.00Outperform ➝ Outperform
4/24/2026
HXL
Hexcel
Boost Price Target$91.00$85.00 ➝ $97.00Market Perform ➝ Market Perform
4/24/2026
AAL
American Airlines Group
Boost Price Target$12.00$12.00 ➝ $13.50Market Perform ➝ Market Perform
4/24/2026
INFY
Infosys
Lower Price Target$12.00$20.00 ➝ $15.00Market Perform ➝ Market Perform
4/24/2026
DOW
DOW
Boost Price Target$41.00$42.00 ➝ $46.00Market Perform ➝ Market Perform
4/24/2026
SAP
SAP
Lower Price Target$171.00$210.00 ➝ $200.00Outperform ➝ Outperform
4/24/2026
DOV
Dover
Boost Price Target$221.00$237.00 ➝ $250.00Market Perform ➝ Market Perform
4/24/2026
CB
Chubb
Boost Price Target$325.00$326.00 ➝ $339.00Market Perform ➝ Market Perform
4/24/2026
MEDP
Medpace
Lower Price Target$417.00$460.00 ➝ $400.00Market Perform ➝ Market Perform
4/24/2026
CLS
Celestica
Boost Price Target$421.00$370.00 ➝ $450.00Outperform ➝ Outperform
4/24/2026
AMP
Ameriprise Financial
Boost Price Target$469.00$470.00 ➝ $490.00Market Perform ➝ Market Perform
4/23/2026
MTRAF
Metro
Reiterated Rating$66.00Outperform ➝ Outperform
4/23/2026
MCO
Moody's
Reiterated Rating$450.00 $489.00Market Perform ➝ Market Perform
4/23/2026
HCSG
Healthcare Services Group
Boost Price Target$21.00$22.00 ➝ $24.00Market Perform ➝ Market Perform
4/23/2026
GEV
GE Vernova
Boost Price Target$1,074.00$1,110.00 ➝ $1,250.00Outperform ➝ Outperform
4/23/2026
WRB
W.R. Berkley
Upgrade$66.00$64.00 ➝ $68.00Underperform ➝ Market Perform
4/23/2026
MRRDF
Meridian Mining UK Societas
Initiated Coverage$1.00Outperform
4/23/2026
EFOR
ASGN
Downgrade$21.00 $33.00Outperform ➝ Market Perform
4/23/2026
MNO
Meridian Mining UK Societas
UpgradeC$2.00Strong-Buy
4/23/2026
CHE.UN
Chemtrade Logistics Income Fund
UpgradeC$17.00 C$18.50Market Perform ➝ Outperform
4/23/2026
CSX
CSX
Boost Price Target$45.00$40.00 ➝ $45.00Market Perform ➝ Market Perform
4/23/2026
RBRK
Rubrik
Boost Price Target$58.00$58.00 ➝ $64.00Outperform ➝ Outperform
4/23/2026
MRU
Metro
Lower Price TargetC$90.00C$110.00 ➝ C$105.00Outperform
4/23/2026
UAL
United Airlines
Boost Price Target$90.00$110.00 ➝ $130.00Outperform ➝ Outperform
4/23/2026
PRU
Prudential Financial
Lower Price Target$98.00$91.00 ➝ $87.00Underperform ➝ Underperform
4/23/2026
NOW
ServiceNow
Lower Price Target$92.00$120.00 ➝ $115.00Outperform ➝ Outperform
4/23/2026
RJF
Raymond James Financial
Boost Price Target$157.00$152.00 ➝ $165.00Market Perform ➝ Market Perform
4/23/2026
IBM
International Business Machines
Lower Price Target$230.00$290.00 ➝ $270.00Market Perform ➝ Market Perform
4/23/2026
AMZN
Amazon.com
Boost Price Target$272.00$310.00 ➝ $315.00Outperform ➝ Outperform
4/23/2026
HLT
Hilton Worldwide
Boost Price Target$311.00$325.00 ➝ $345.00Market Perform ➝ Market Perform
4/22/2026
KLAR
Klarna Group
Initiated Coverage$15.00 $16.00Market Perform
4/22/2026
CHYM
Chime Financial
Initiated Coverage$22.00 $30.00Outperform
4/22/2026
IMG
IAMGOLD
Boost Price TargetC$22.00C$27.00 ➝ C$32.00
4/22/2026
HBM
Hudbay Minerals
Boost Price TargetC$30.00C$33.00 ➝ C$39.00
4/22/2026
ERO
Ero Copper
Boost Price TargetC$33.00C$42.00 ➝ C$48.00
4/22/2026
FM
First Quantum Minerals
Boost Price TargetC$31.00C$40.00 ➝ C$48.00
4/22/2026
LUN
Lundin Mining
Boost Price TargetC$34.00C$36.00 ➝ C$45.00
4/22/2026
ALK
Alaska Air Group
Boost Price Target$37.00$42.50 ➝ $55.00Outperform ➝ Outperform
4/22/2026
K
Kinross Gold
Boost Price TargetC$39.00C$45.00 ➝ C$55.00
4/22/2026
ABX
Barrick Gold
Boost Price TargetC$52.00C$55.00 ➝ C$65.00
4/22/2026
PAAS
Pan American Silver
Boost Price TargetC$70.00C$69.00 ➝ C$85.00
4/22/2026
IBKR
Interactive Brokers Group
Boost Price Target$82.00$80.00 ➝ $93.00Outperform ➝ Outperform
4/22/2026
XEL
Xcel Energy
Boost Price Target$81.00$90.00 ➝ $94.00Outperform ➝ Outperform
4/22/2026
NEE
NextEra Energy
Boost Price Target$96.00$95.00 ➝ $99.00Outperform ➝ Outperform
4/22/2026
NEM
Newmont
Boost Price Target$108.00$115.00 ➝ $140.00Outperform ➝ Outperform