Bank of Montreal (BMO) Stock Forecast & Price Target

C$138.84 -0.29 (-0.21%)

(As of 12/20/2024 05:17 PM ET)

Bank of Montreal - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates 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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's 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. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 14 Analyst Ratings

Sell
0

Hold
6

Buy
8

Based on 14 Wall Street analysts who have issued ratings for Bank of Montreal in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 6 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for BMO.

Consensus Price Target

C$131.33
-5.41% Downside

According to the 14 analysts' twelve-month price targets for Bank of Montreal, the average price target is C$131.33. The highest price target for BMO is C$160.00, while the lowest price target for BMO is C$106.00. The average price target represents a forecasted downside of -5.41% from the current price of C$138.84.

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BMO Analyst Ratings Over Time

Type	Current Forecast 12/23/23 to 12/22/24	1 Month Ago 11/23/23 to 11/22/24	3 Months Ago 9/24/23 to 9/23/24	1 Year Ago 12/23/22 to 12/23/23
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	12 Buy rating(s)
Hold	6 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$131.33	C$124.69	C$120.77	C$131.42
Forecasted Upside	-5.41% Downside	-6.02% Downside	-0.65% Downside	0.93% Upside
Consensus Rating	Moderate Buy	Hold	Hold	Moderate Buy

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BMO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BMO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Bank of Montreal Stock vs. The Competition

Type	Bank of Montreal	Financial Services Companies
Consensus Rating Score	2.64	2.65
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent BMO News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/6/2024	Cibc World Mkts 0 of 5 stars	P. Holden Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
12/6/2024	Canaccord Genuity Group 5 of 5 stars		Boost Target		C$143.00 ➝ C$148.00	+1.45%
12/6/2024	CIBC 3 of 5 stars		Upgrade	Neutral ➝ Outperform	C$134.00 ➝ C$150.00	+2.82%
12/6/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Grauman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Outperform	C$147.00 ➝ C$160.00	+9.68%
11/20/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$127.00 ➝ C$148.00	+12.79%
11/15/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Mendonca Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$114.00 ➝ C$131.00	-0.49%
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8/28/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	C$134.00 ➝ C$117.00	+6.27%
8/28/2024	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$129.00 ➝ C$118.00	+7.18%
8/28/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Young Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold	C$125.00 ➝ C$120.00	+8.99%
8/28/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Mihelic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Sector Perform	C$118.00 ➝ C$106.00	-3.72%
8/12/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	C$141.00 ➝ C$124.00	+11.02%
7/2/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Shea Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target	Neutral	C$122.00	+6.45%
6/3/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Rizvanovic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Moderate Buy ➝ Hold
5/30/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	C$140.00 ➝ C$132.00	+10.79%
9/12/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Outperform	C$128.00	+10.11%
7/24/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$121.50 ➝ C$130.50	+5.74%
6/6/2023	Fundamental Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Buy	C$144.25	+23.24%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 03:33 AM ET.

Should I Buy Bank of Montreal Stock? BMO Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, December 12, 2024. Please send any questions or comments about these Bank of Montreal pros and cons to contact@marketbeat.com.

Bank of Montreal
Bull Case

Here are some ways that investors could benefit from investing in Bank of Montreal:

The current stock price is approximately C$121.85, which is near the lower end of its 52-week range (C$107.16 - C$134.16), potentially offering a good entry point for investors looking for value.
Bank of Montreal has a solid dividend yield of 4.67%, with a quarterly dividend of $1.55 per share, providing a steady income stream for investors.
The company has a market capitalization of C$96.89 billion, indicating it is a large and stable entity in the financial sector, which can be appealing for risk-averse investors.
With a P/E ratio of 15.29 and a price-to-earnings-growth (PEG) ratio of 0.71, the stock appears to be undervalued relative to its earnings growth potential, suggesting it may be a good investment opportunity.
Bank of Montreal reported a net margin of 21.20% and a return on equity of 8.49%, reflecting strong profitability and efficient use of equity, which are positive indicators for potential investors.

Bank of Montreal
Bear Case

Investors should be bearish about investing in Bank of Montreal for these reasons:

The recent earnings report showed that Bank of Montreal missed the consensus estimate for earnings per share (EPS) by C$0.08, which may raise concerns about its short-term performance.
Insider selling activity, including significant sales by senior officers, could indicate a lack of confidence in the company's future performance, which may deter potential investors.
The company's beta of 1.16 suggests that its stock is more volatile than the market, which could pose a higher risk for investors looking for stability.
With a dividend payout ratio of 71.35%, there may be concerns about the sustainability of its dividend payments, especially in times of economic uncertainty.
The stock's recent trading volume of 3,000,754 shares, while above average, may indicate increased selling pressure, which could be a red flag for potential investors.

BMO Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Bank of Montreal is C$131.33, with a high forecast of C$160.00 and a low forecast of C$106.00.
: 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bank of Montreal in the last year. There are currently 6 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BMO shares.
: According to analysts, Bank of Montreal's stock has a predicted downside of -5.41% based on their 12-month stock forecasts.
: Over the previous 90 days, Bank of Montreal's stock had 3 upgrades by analysts.
: Bank of Montreal has been rated by research analysts at Canaccord Genuity Group, CIBC, Cibc World Mkts, National Bankshares, Scotiabank, and TD Securities in the past 90 days.
: Analysts like Bank of Montreal less than other "financial services" companies. The consensus rating score for Bank of Montreal is 2.64 while the average consensus rating score for "financial services" companies is 2.65. Learn more on how BMO compares to other companies.

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2025 could be “worse than the dot-com bust”, says man who predicted 2008 banking crisis (Ad)

Dan is sharing his latest work with the public. Because what he's tracking right now, he says, is too serious to keep private.

Click here to see Dan's full warning to the public.

This page (TSE:BMO) was last updated on 12/22/2024 by MarketBeat.com Staff

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Bank of Montreal (BMO) Stock Forecast & Price Target