Free Trial
→ Collapse of the Petrodollar (From Colonial Metals) (Ad) Free BMO Stock Alerts

Bank of Montreal (BMO) Stock Forecast & Price Target

$83.74
+0.02 (+0.02%)
(As of 11:26 AM ET)
Compare
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends

Bank of Montreal - Analysts' Recommendations and Stock Price Forecast (2024)

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 7 Analyst Ratings

Consensus Price Target

$127.50
52.26% Upside
High Forecast$131.00
Average Forecast$127.50
Low Forecast$124.00
TypeCurrent Forecast
7/9/23 to 7/8/24		1 Month Ago
6/9/23 to 6/8/24		3 Months Ago
4/10/23 to 4/9/24		1 Year Ago
7/9/22 to 7/9/23
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
1 Buy rating(s)
Hold
3 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$127.50$127.50$131.00N/A
Forecasted Upside52.26% Upside46.37% Upside57.64% UpsideN/A

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.
Skip Chart & View Analyst Rating History

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
2.57
2.44
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside52.26% Upside62.43% Upside11.90% Upside
News Sentiment RatingPositive News
Positive News
Positive News
Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/2/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		J. Shea
Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated CoverageNeutral
6/3/2024Keefe, Bruyette & Woods
Subscribe to MarketBeat All Access for the recommendation accuracy rating		M. Rizvanovic
Subscribe to MarketBeat All Access for the recommendation accuracy rating		DowngradeOutperform ➝ Market Perform$137.00 ➝ $124.00+39.15%
5/29/2024Desjardins
Subscribe to MarketBeat All Access for the recommendation accuracy rating		D. Young
Subscribe to MarketBeat All Access for the recommendation accuracy rating		DowngradeBuy ➝ Hold
3/20/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageOverweight
2/22/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageBuy
12/20/2023National Bank Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeSector Perform ➝ Outperform
12/18/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 UpgradeNeutral ➝ Buy
1/19/2023BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetC$151.00 ➝ C$147.50
12/19/2022Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageOutperform
12/12/2022Bank Of America (Bofa)
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 DowngradeBuy ➝ Neutral
8/31/2022Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Lower TargetC$158.00 ➝ C$151.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 11:50 AM ET.

BMO Forecast - Frequently Asked Questions

What is Bank of Montreal's forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Bank of Montreal is $127.50, with a high forecast of $131.00 and a low forecast of $124.00.

Should I buy or sell Bank of Montreal stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bank of Montreal in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BMO shares.

Does Bank of Montreal's stock price have much upside?

According to analysts, Bank of Montreal's stock has a predicted upside of 46.37% based on their 12-month stock forecasts.

Has Bank of Montreal been downgraded by Wall Street analysts recently?

Over the previous 90 days, Bank of Montreal's stock had 2 downgrades by analysts.

What analysts cover Bank of Montreal?

Bank of Montreal has been rated by research analysts at Desjardins, Keefe, Bruyette & Woods, and UBS Group in the past 90 days.

Do Wall Street analysts like Bank of Montreal more than its competitors?

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


Related Companies:
Today's Ratings:
Top Rated Stocks:
More Ratings Tools:
This page (NYSE:BMO) was last updated on 7/8/2024 by MarketBeat.com Staff

From Our Partners
Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentia...
Priority Gold | Sponsored
Write this ticker symbol down…
A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...
StocksToTrade | Sponsored
NYSE biotech company's drug could be as revolutionary as penicillin!
NV-387 could be a single drug to treat all of the "tripledemic" viruses and more! See how NV-387 could be h...
Financial Markets Daily | Sponsored
50-year Wall Street Legend: “Prepare for a cash avalanche”
The Dow crossed 40,000 for the first time in history… The S&P has hit over 30 all-time highs since the star...
Chaikin Analytics | Sponsored
Obama wins Presidential debate
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happ...
Porter & Company | Sponsored
Trump’s Gift Could Unleash $51 Billion in New Wealth
In January 2021, Donald Trump silently rolled out a special gift to the American public… One that top house...
Wealthpin Pro | Sponsored
New Government Policy to Wipe Out Seniors Wealth
Don't wait until it's too late. The digital dollar is nearing the end of its trial period, and the window of o...
Oasis Gold | Sponsored
Biden Nomination CANCELED?
And I believe when they do take the oath of office, their fingers will be crossed… and America will descend in...
The Freeport Society | Sponsored