Bank of Montreal (BMO) Stock Forecast & Price Target

C$144.12 +0.80 (+0.56%)

As of 12:26 PM Eastern

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
5

Buy
9

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, 5 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for BMO.

Consensus Price Target

C$135.92
-5.69% Downside

According to the 14 analysts' twelve-month price targets for Bank of Montreal, the average price target is C$135.92. The highest price target for BMO is C$161.00, while the lowest price target for BMO is C$117.00. The average price target represents a forecasted downside of -5.69% from the current price of C$144.12.

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BMO Analyst Ratings Over Time

Type	Current Forecast 1/21/24 to 1/20/25	1 Month Ago 12/22/23 to 12/21/24	3 Months Ago 10/23/23 to 10/22/24	1 Year Ago 1/21/23 to 1/21/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	7 Buy rating(s)	5 Buy rating(s)	12 Buy rating(s)
Hold	5 Hold rating(s)	6 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$135.92	C$131.33	C$120.77	C$131.42
Forecasted Upside	-5.69% Downside	-5.41% Downside	-6.08% Downside	2.07% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Moderate 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.

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	2.71	2.66
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent BMO News	Neutral 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
1/8/2025	Royal Bank of Canada 4 of 5 stars	D. Mihelic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Outperform	C$133.00 ➝ C$161.00	+13.28%
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 Subscribe to MarketBeat All Access for the recommendation accuracy rating		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%
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%
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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 Monday at 12:50 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 Sunday, January 12, 2025. 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 C$141.00, reflecting a strong market position and investor confidence in the Bank of Montreal's performance.
Bank of Montreal recently increased its quarterly dividend to $1.59, up from $1.55, indicating a commitment to returning value to shareholders. This represents an annualized dividend of $6.36 and a yield of 4.51%, which is attractive for income-focused investors.
The bank has a solid market capitalization of C$102.85 billion, suggesting stability and a significant presence in the financial sector.
Analyst upgrades have been frequent, with several brokerages raising their price targets, indicating positive sentiment and potential for future growth. For instance, Scotiabank upgraded its target from C$147.00 to C$160.00.
The P/E ratio of 16.26 suggests that the stock is reasonably valued compared to its earnings, which can be appealing for value investors looking for growth opportunities.

Bank of Montreal
Bear Case

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

Despite recent upgrades, some analysts have lowered their price targets, such as Cormark reducing theirs from C$129.00 to C$118.00, which may indicate concerns about future performance.
The bank's beta of 1.16 suggests that its stock is more volatile than the market, which could lead to higher risk for investors during market fluctuations.
The dividend payout ratio is currently at 71.35%, which, while sustainable, indicates that a significant portion of earnings is being returned to shareholders, potentially limiting funds available for reinvestment in growth opportunities.
Bank of Montreal has a 1-year low of C$109.02, which may raise concerns about its ability to maintain its stock price in a competitive market.
With a P/E/G ratio of 0.71, while it suggests potential undervaluation, it may also indicate that the market has lower growth expectations for the bank compared to its peers.

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$135.92, with a high forecast of C$161.00 and a low forecast of C$117.00.
: 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bank of Montreal in the last twelve months. There are currently 5 hold ratings, 8 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 downside of -5.69% 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 Canaccord Genuity Group, CIBC, Cibc World Mkts, National Bankshares, Royal Bank of Canada, Scotiabank, and TD Securities in the past 90 days.
: Analysts like Bank of Montreal more than other "financial services" companies. The consensus rating score for Bank of Montreal is 2.71 while the average consensus rating score for "financial services" companies is 2.66. Learn more on how BMO compares to other companies.

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This page (TSE:BMO) was last updated on 1/20/2025 by MarketBeat.com Staff

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Bank of Montreal (BMO) Stock Forecast & Price Target