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Bank of Montreal (BMO) Stock Forecast & Price Target

Bank of Montreal logo
$100.21 +1.14 (+1.15%)
As of 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

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

Sell
0
Hold
6
Buy
5

Based on 11 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 11 analysts, 6 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for BMO.

Consensus Price Target

$128.00
27.73% Upside
According to the 11 analysts' twelve-month price targets for Bank of Montreal, the average price target is $128.00. The highest price target for BMO is $161.00, while the lowest price target for BMO is $112.00. The average price target represents a forecasted upside of 27.73% from the current price of $100.21.
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BMO Analyst Ratings Over Time

TypeCurrent Forecast
1/22/24 to 1/21/25
1 Month Ago
12/23/23 to 12/22/24
3 Months Ago
10/24/23 to 10/23/24
1 Year Ago
1/22/23 to 1/22/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
6 Hold rating(s)
7 Hold rating(s)
8 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$128.00$122.40$119.75$131.00
Forecasted Upside27.73% Upside26.79% Upside28.31% Upside36.50% Upside
Consensus Rating
Moderate Buy
Hold
Hold
Buy

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.
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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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Bank of Montreal Stock vs. The Competition

TypeBank of MontrealFinance CompaniesS&P 500
Consensus Rating Score
2.55
2.51
2.52
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside27.73% Upside21.05% Upside11.17% Upside
News Sentiment Rating
Positive News

See Recent BMO News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/8/2025Royal Bank of Canada
4 of 5 stars
D. Mihelic
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UpgradeSector Perform ➝ Outperform$133.00 ➝ $161.00+66.03%
12/6/2024Cibc World Mkts
0 of 5 stars
P. Holden
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UpgradeHold ➝ Strong-Buy
12/6/2024CIBC
3 of 5 stars
 UpgradeNeutral ➝ Sector Outperform
12/6/2024Scotiabank
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M. Grauman
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UpgradeSector Perform ➝ Sector Outperform
8/28/2024Barclays
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 Lower TargetOverweight ➝ Overweight$132.00 ➝ $126.00+54.26%
8/28/2024Bank of America
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 DowngradeBuy ➝ Neutral$134.00 ➝ $117.00+40.46%
8/27/2024TD Securities
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M. Mendonca
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DowngradeBuy ➝ Hold
8/27/2024Jefferies Financial Group
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 DowngradeBuy ➝ Hold
7/2/2024UBS Group
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J. Shea
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Initiated CoverageNeutral
6/3/2024Keefe, Bruyette & Woods
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M. Rizvanovic
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DowngradeOutperform ➝ Market Perform$137.00 ➝ $124.00+39.15%
5/29/2024Desjardins
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D. Young
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DowngradeBuy ➝ Hold
12/20/2023National Bank Financial
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 UpgradeSector Perform ➝ Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 11:19 PM 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 Tuesday, January 14, 2025. Please send any questions or comments about these Bank of Montreal pros and cons to contact@marketbeat.com.

Bank of Montreal
Bull Case

green Wall Street bull icon

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

  • The recent increase in the quarterly dividend to $1.1329 per share reflects the company's commitment to returning value to shareholders, resulting in an annualized dividend of $4.53 and a yield of 4.58%. This is a positive indicator of financial health and stability.
  • Bank of Montreal's stock price has shown resilience, with a 12-month high of $104.63, suggesting potential for capital appreciation. The current stock price is around $122.40, which is above the average target price set by analysts, indicating a favorable outlook.
  • Analysts have recently upgraded their ratings on Bank of Montreal, with several firms raising their ratings to "strong-buy" and "sector outperform." This indicates growing confidence in the company's future performance.
  • The company has a diversified business model, operating through various segments such as Canadian P&C, U.S. P&C, BMO Wealth Management, and BMO Capital Markets, which helps mitigate risks associated with economic fluctuations.
  • Institutional investors hold 45.82% of the stock, which often signals confidence in the company's long-term prospects and can lead to increased stability in the stock price.

Bank of Montreal
Bear Case

red Wall Street bear icon

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

  • The company's recent quarterly revenue of $5.88 billion fell short of analyst estimates of $5.96 billion, which may raise concerns about its ability to meet growth expectations.
  • Bank of Montreal's payout ratio is currently 67.34%, which, while manageable, indicates that a significant portion of earnings is being distributed as dividends. This could limit the funds available for reinvestment in growth opportunities.
  • Some analysts have downgraded their target prices for Bank of Montreal, with Barclays reducing their target from $132.00 to $126.00, which may reflect concerns about future performance.
  • The competitive landscape in the financial services sector is intensifying, which could pressure profit margins and impact the company's growth trajectory.
  • Recent changes in interest rates and economic conditions could adversely affect Bank of Montreal's profitability, particularly in its lending and investment activities.

BMO Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Bank of Montreal is $128.00, with a high forecast of $161.00 and a low forecast of $112.00.

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bank of Montreal in the last year. There are currently 6 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BMO shares.

According to analysts, Bank of Montreal's stock has a predicted upside of 27.73% based on their 12-month stock forecasts.

Over the previous 90 days, Bank of Montreal's stock had 4 upgrades by analysts.

Bank of Montreal has been rated by research analysts at CIBC, Cibc World Mkts, Royal Bank of Canada, and Scotiabank in the past 90 days.

Analysts like Bank of Montreal more than other "finance" companies. The consensus rating score for Bank of Montreal is 2.55 while the average consensus rating score for "finance" companies is 2.51. Learn more on how BMO compares to other companies.


This page (NYSE:BMO) was last updated on 1/21/2025 by MarketBeat.com Staff
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