Bank of Montreal (BMO) Stock Forecast & Price Target

$96.54 -0.08 (-0.08%)

(As of 12/20/2024 05:40 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

Hold

Based on 11 Analyst Ratings

Sell
0

Hold
7

Buy
4

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 "Hold." Out of the 11 analysts, 7 have given a hold rating, 3 have given a buy rating, and 1 has given a strong buy rating for BMO.

Consensus Price Target

$122.40
26.79% Upside

According to the 11 analysts' twelve-month price targets for Bank of Montreal, the average price target is $122.40. The highest price target for BMO is $133.00, while the lowest price target for BMO is $112.00. The average price target represents a forecasted upside of 26.79% from the current price of $96.54.

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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	3 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	7 Hold rating(s)	8 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	$122.40	$119.75	$119.75	$131.00
Forecasted Upside	26.79% Upside	26.20% Upside	33.07% Upside	33.36% Upside
Consensus Rating	Hold	Hold	Hold	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	Finance Companies	S&P 500
Consensus Rating Score	2.45	2.50	2.51
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	26.79% Upside	18.66% Upside	14.53% Upside
News Sentiment Rating	Positive News See Recent BMO News	Positive 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	Royal Bank of Canada 4 of 5 stars	D. Mihelic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sector Perform ➝ Sector Perform	$106.00 ➝ $133.00	+34.01%
12/6/2024	CIBC 3 of 5 stars		Upgrade	Neutral ➝ Sector Outperform
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 ➝ Sector Outperform
8/28/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$132.00 ➝ $126.00	+54.26%
8/28/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$134.00 ➝ $117.00	+40.46%
8/27/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Mendonca Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
8/27/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
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	Initiated Coverage	Neutral
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	Outperform ➝ Market Perform	$137.00 ➝ $124.00	+39.15%
5/29/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Young Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
12/20/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sector Perform ➝ Outperform
1/19/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$151.00 ➝ C$147.50

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:43 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 Sunday, December 15, 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 $95.30, which is near its fifty-two week high of $100.12, indicating strong market performance and investor confidence.
Bank of Montreal has a market capitalization of $75.43 billion, reflecting its significant size and stability in the financial sector, which can be attractive to investors seeking reliable investments.
The company reported a net margin of 8.50% and a return on equity of 11.23%, showcasing its profitability and efficient use of shareholders' equity to generate earnings.
Institutional investors and hedge funds own 45.82% of the company's stock, suggesting strong institutional confidence and potential for stability in stock performance.
Recent increases in holdings by various institutional investors, such as a 5.2% increase by Northwest & Ethical Investments L.P., indicate positive sentiment and potential for future growth.

Bank of Montreal
Bear Case

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

The price-to-earnings ratio is 16.28, which may suggest that the stock is overvalued compared to its earnings, potentially leading to a correction.
The price-to-earnings-growth ratio of 2.59 indicates that the stock's price may be high relative to its expected growth rate, which could deter growth-focused investors.
Recent earnings results showed that the bank missed consensus estimates by $0.12, which could raise concerns about its ability to meet future earnings expectations.
The company's current ratio of 0.98 suggests that it may have difficulty meeting short-term liabilities, which could pose a risk in times of financial strain.
With a beta of 1.10, Bank of Montreal's stock is slightly more volatile than the market, which could be a concern for risk-averse investors looking for stability.

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 $122.40, with a high forecast of $133.00 and a low forecast of $112.00.
: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bank of Montreal in the last year. There are currently 7 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BMO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BMO, but not buy additional shares or sell existing shares.
: According to analysts, Bank of Montreal's stock has a predicted upside of 26.79% 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 CIBC, Cibc World Mkts, Royal Bank of Canada, and Scotiabank in the past 90 days.
: Analysts like Bank of Montreal less than other "finance" companies. The consensus rating score for Bank of Montreal is 2.45 while the average consensus rating score for "finance" companies is 2.50. Learn more on how BMO compares to other companies.

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

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Bank of Montreal (BMO) Stock Forecast & Price Target