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
Canadian Imperial Bank of Commerce logo
CM
Canadian Imperial Bank of Commerce
Upgrade$92.00Market Perform ➝ OutperformMedium
Advantage Oil & Gas logo
AAV
Advantage Oil & Gas
Boost Price TargetC$3.00C$2.75 ➝ C$3.50N/A
Boralex Inc. (BLX.TO) logo
BLX
Boralex Inc. (BLX.TO)
Lower Price TargetC$44.00C$55.00 ➝ C$48.00N/A
CCL Industries logo
CCL.B
CCL Industries
Boost Price TargetC$67.00C$68.00 ➝ C$78.00N/A
Canadian Imperial Bank of Commerce (CM.TO) logo
CM
Canadian Imperial Bank of Commerce (CM.TO)
UpgradeC$117.00C$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$2.00C$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 Inc. (PSI.TO) logo
PSI
Pason Systems Inc. (PSI.TO)
Boost Price TargetC$10.00C$9.00 ➝ C$10.00N/A
Pembina Pipeline logo
PPL
Pembina Pipeline
Boost Price TargetC$32.00C$35.00 ➝ C$37.00N/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$50.00C$50.00 ➝ C$56.00N/A
The Toronto-Dominion Bank (TD.TO) logo
TD
The Toronto-Dominion Bank (TD.TO)
Boost Price TargetC$77.00C$75.00 ➝ C$82.00N/A
FOOD
Goodfood Market
Reiterated RatingC$11.00 C$14.00Market PerformN/A
Torex Gold Resources logo
TXG
Torex Gold Resources
Lower Price TargetC$15.00 C$32.00NAN/A
Advantage Oil & Gas logo
AAVVF
Advantage Oil & Gas
Boost Price Target$2.00$2.75 ➝ $3.50OutperformLow
Canadian Apartment Properties Real Estate Investment Trust logo
CDPYF
Canadian Apartment Properties Real Estate Investment Trust
Boost Price Target$40.00$56.50 ➝ $59.00OutperformLow
CCDBF
CCL Industries
Boost Price Target$52.00$68.00 ➝ $78.00OutperformLow
Enerflex logo
ENRFF
Enerflex
Boost Price Target$7.00$9.00 ➝ $11.00OutperformLow
KELTF
Kelt Exploration
Boost Price Target$2.00$2.75 ➝ $3.50OutperformLow
NUVSF
NuVista Energy
Boost Price Target$2.00$1.25 ➝ $2.50Market PerformLow
Pembina Pipeline logo
PBA
Pembina Pipeline
Boost Price Target$25.00$35.00 ➝ $37.00Market PerformHigh
Pason Systems logo
PSYTF
Pason Systems
Boost Price Target$7.00$9.00 ➝ $10.00Market PerformLow
SGSVF
Sabina Gold & Silver
Boost Price Target$2.00$3.50 ➝ $3.75OutperformLow
Secure Energy Services logo
SECYF
Secure Energy Services
Boost Price Target$2.00$3.75 ➝ $4.25OutperformLow
Stantec logo
STN
Stantec
Boost Price Target$39.00$50.00 ➝ $56.00OutperformLow
The Toronto-Dominion Bank logo
TD
The Toronto-Dominion Bank
Boost Price Target$60.00$75.00 ➝ $82.00Market PerformLow
Boralex logo
BRLXF
Boralex
Lower Price Target$34.00$55.00 ➝ $48.00OutperformLow
Chuy's logo
CHUY
Chuy's
Downgrade$41.00$30.00 ➝ $42.00Outperform ➝ Market PerformHigh
National Bank of Canada logo
NTIOF
National Bank of Canada
Upgrade$63.00$77.00 ➝ $88.00Market Perform ➝ OutperformLow
Twitter logo
TWTR
Twitter
Boost Price Target$77.00$45.00 ➝ $75.00Positive ➝ Market PerformHigh
SMU.UN
Summit Industrial Income REIT
Reiterated RatingC$14.00 C$15.00NAN/A
Bright Horizons Family Solutions logo
BFAM
Bright Horizons Family Solutions
Boost Price Target$160.00$150.00 ➝ $168.00Market PerformHigh
Grand Canyon Education logo
LOPE
Grand Canyon Education
Boost Price Target$105.00$118.00 ➝ $122.00OutperformLow
Square logo
SQ
Square
Boost Price Target$230.00$229.00 ➝ $237.00Market PerformHigh
Altus Group logo
ASGTF
Altus Group
Boost Price Target$40.00$58.00 ➝ $63.00OutperformLow
BTEGF
Baytex Energy
Boost Price Target$1.00$1.00 ➝ $1.50Market PerformMedium
CGIFF
Chemtrade Logistics Income Fund
Boost Price Target$6.00$6.00 ➝ $7.00Market PerformLow
Gran Tierra Energy logo
GTE
Gran Tierra Energy
Boost Price Target$1.00$0.60 ➝ $1.15Market PerformN/A
High Liner Foods logo
HLNFF
High Liner Foods
Boost Price Target$10.00$11.00 ➝ $14.50Market PerformLow
PHX Energy Services logo
PHXHF
PHX Energy Services
Boost Price Target$2.00$3.00 ➝ $3.25Market PerformLow
Royal Bank of Canada logo
RY
Royal Bank of Canada
Boost Price Target$85.00$111.00 ➝ $120.00Market PerformLow
SRRTF
Slate Grocery REIT
Boost Price Target$9.00$8.50 ➝ $9.00Market PerformLow
Trican Well Service logo
TOLWF
Trican Well Service
Boost Price Target$2.00$2.25 ➝ $2.50OutperformLow
Taseko Mines logo
TGB
Taseko Mines
Boost Price Target$2.00$2.50 ➝ $2.75OutperformN/A
Osisko Gold Royalties logo
OR
Osisko Gold Royalties
Lower Price Target$10.00$21.00 ➝ $20.00Market PerformHigh
TORXF
Torex Gold Resources
Lower Price Target$12.00$34.00 ➝ $32.00OutperformMedium
Altus Group logo
AIF
Altus Group
Boost Price TargetC$56.00C$58.00 ➝ C$63.00NAN/A
Baytex Energy logo
BTE
Baytex Energy
Boost Price TargetC$1.00C$1.00 ➝ C$1.50NAN/A
Chemtrade Logistics Income Fund logo
CHE.UN
Chemtrade Logistics Income Fund
Reiterated RatingC$7.00C$6.00 ➝ C$7.00NAN/A
Gran Tierra Energy Inc. (GTE.TO) logo
GTE
Gran Tierra Energy Inc. (GTE.TO)
Boost Price TargetC$1.00C$0.60 ➝ C$1.15N/A
High Liner Foods logo
HLF
High Liner Foods
Boost Price TargetC$13.00C$11.00 ➝ C$14.50N/A
National Bank of Canada (NA.TO) logo
NA
National Bank of Canada (NA.TO)
UpgradeC$80.00C$77.00 ➝ C$88.00Market Perform ➝ OutperformN/A
Osisko Gold Royalties logo
OR
Osisko Gold Royalties
Lower Price TargetC$13.00C$21.00 ➝ C$20.00N/A
Royal Bank of Canada logo
RY
Royal Bank of Canada
Boost Price TargetC$108.00C$111.00 ➝ C$120.00N/A
Trican Well Service Ltd. (TCW.TO) logo
TCW
Trican Well Service Ltd. (TCW.TO)
Boost Price TargetC$2.00C$2.25 ➝ C$2.50NAN/A
Capstone Mining logo
CSFFF
Capstone Mining
Reiterated Rating$3.00OutperformLow
Copper Mountain Mining Co. (CMMC.TO) logo
CMMC
Copper Mountain Mining Co. (CMMC.TO)
Boost Price TargetC$3.00C$2.70 ➝ C$3.25N/A
ViacomCBS logo
VIAC
ViacomCBS
Boost Price Target$64.00$27.00 ➝ $60.00Market PerformMedium
Thomson Reuters logo
TRI
Thomson Reuters
Boost Price Target$87.00$116.00 ➝ $127.00OutperformLow
Sierra Wireless logo
SWIR
Sierra Wireless
Boost Price Target$17.00$13.00 ➝ $19.00Market PerformHigh
Republic Services logo
RSG
Republic Services
Lower Price Target$89.00$107.00 ➝ $102.00OutperformLow
Bank of Montreal logo
BMO
Bank of Montreal
Boost Price Target$82.00$102.00 ➝ $113.00Sector PerformLow
The Bank of Nova Scotia logo
BNS
The Bank of Nova Scotia
Boost Price Target$58.00$75.00 ➝ $80.00OutperformLow
ECN Capital logo
ECNCF
ECN Capital
Boost Price Target$6.00$8.50 ➝ $9.50OutperformLow
EQGPF
Equitable Group
Boost Price Target$106.00$107.00 ➝ $137.00Market PerformLow
The Bank of Nova Scotia (BNS.TO) logo
BNS
The Bank of Nova Scotia (BNS.TO)
Boost Price TargetC$74.00C$75.00 ➝ C$80.00N/A
ECN Capital logo
ECN
ECN Capital
Boost Price TargetC$8.00C$8.50 ➝ C$10.00NAN/A
Equitable Group Inc. (EQB.TO) logo
EQB
Equitable Group Inc. (EQB.TO)
Boost Price TargetC$136.00C$107.00 ➝ C$137.00N/A
SilverCrest Metals logo
SIL
SilverCrest Metals
Boost Price TargetC$9.00C$14.00 ➝ C$15.00N/A
Thomson Reuters logo
TRI
Thomson Reuters
Boost Price TargetC$111.00C$116.00 ➝ C$127.00N/A
Palo Alto Networks logo
PANW
Palo Alto Networks
Upgrade$358.00 $455.00Market Perform ➝ OutperformHigh
Starbucks logo
SBUX
Starbucks
Upgrade$108.00$102.00 ➝ $120.00Market Perform ➝ OutperformMedium
Qualtrics International logo
XM
Qualtrics International
Initiated Coverage$38.00 $52.00Market PerformMedium
Capstone Mining logo
CS
Capstone Mining
Boost Price TargetC$4.00C$3.00 ➝ C$4.00N/A
Ero Copper logo
ERO
Ero Copper
Boost Price TargetC$22.00C$23.00 ➝ C$24.00N/A
First Quantum Minerals logo
FM
First Quantum Minerals
Boost Price TargetC$27.00C$21.00 ➝ C$23.00N/A
Hudbay Minerals logo
HBM
Hudbay Minerals
Boost Price TargetC$9.00C$11.00 ➝ C$12.00N/A
Labrador Iron Ore Royalty logo
LIF
Labrador Iron Ore Royalty
Boost Price TargetC$36.00C$32.00 ➝ C$33.00N/A
Lundin Mining logo
LUN
Lundin Mining
Boost Price TargetC$15.00C$13.50 ➝ C$14.50N/A
Stelco logo
STLC
Stelco
Boost Price TargetC$25.00C$27.00 ➝ C$33.00N/A
Taseko Mines logo
TKO
Taseko Mines
Boost Price TargetC$2.00C$1.90 ➝ C$2.50N/A
Turquoise Hill Resources logo
TRQ
Turquoise Hill Resources
Boost Price TargetC$19.00N/A
AMN Healthcare Services logo
AMN
AMN Healthcare Services
Boost Price Target$73.00$81.00 ➝ $86.00OutperformHigh
NVIDIA logo
NVDA
NVIDIA
Boost Price Target$549.00$650.00 ➝ $680.00OutperformHigh
Superior Plus logo
SUUIF
Superior Plus
Boost Price Target$10.00$12.00 ➝ $12.50Market PerformLow
Superior Plus Corp. (SPB.TO) logo
SPB
Superior Plus Corp. (SPB.TO)
Boost Price TargetC$13.00C$12.00 ➝ C$12.50NAN/A
The Interpublic Group of Companies logo
IPG
The Interpublic Group of Companies
Boost Price Target$26.00$23.00 ➝ $28.00OutperformHigh
Bloomin' Brands logo
BLMN
Bloomin' Brands
Boost Price Target$25.00$22.00 ➝ $28.00OutperformHigh
The Mosaic logo
MOS
The Mosaic
Boost Price Target$29.00$25.00 ➝ $30.00Market PerformHigh
Argonaut Gold logo
AR
Argonaut Gold
Boost Price TargetC$2.00C$3.50 ➝ C$4.00N/A
Morneau Shepell Inc. (MSI.TO) logo
MSI
Morneau Shepell Inc. (MSI.TO)
Reiterated RatingC$33.00 C$37.00OutperformN/A
Peyto Exploration & Development logo
PEY
Peyto Exploration & Development
Boost Price TargetC$6.00C$5.50 ➝ C$5.75HoldN/A
BYD
Boyd Group Services Inc. (BYD.TO)
Boost Price TargetC$211.00C$249.00 ➝ C$250.00N/A
Canadian Tire logo
CTC.A
Canadian Tire
Boost Price TargetC$164.00C$157.00 ➝ C$178.00N/A
goeasy Ltd. (GSY.TO) logo
GSY
goeasy Ltd. (GSY.TO)
Boost Price TargetC$124.00C$108.00 ➝ C$143.00N/A
GSV
(GSV.V)
Lower Price TargetC$2.00C$2.50 ➝ C$2.25N/A
Home Capital Group Inc. (HCG.TO) logo
HCG
Home Capital Group Inc. (HCG.TO)
Boost Price TargetC$31.00C$33.00 ➝ C$35.00N/A
Morguard logo
MRC
Morguard
Lower Price TargetC$105.00N/A