Bank of Montreal (TSE:BMO) Price Target Raised to C$203.00 at Barclays

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price target boosted by Barclays from C$199.00 to C$203.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage currently has an “underweight” rating on the bank’s stock. Barclays‘s price objective would suggest a potential downside of 9.53% from the company’s previous close.

Several other research firms have also issued reports on BMO. Raymond James Financial lifted their price target on shares of Bank of Montreal from C$214.00 to C$227.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Canaccord Genuity Group lifted their price objective on shares of Bank of Montreal from C$224.00 to C$230.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Desjardins boosted their target price on shares of Bank of Montreal from C$208.00 to C$212.00 and gave the company a “hold” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada decreased their target price on shares of Bank of Montreal from C$219.00 to C$205.00 and set a “sector perform” rating for the company in a research report on Wednesday, March 25th. Finally, Canadian Imperial Bank of Commerce boosted their target price on shares of Bank of Montreal from C$211.00 to C$226.00 and gave the company an “outperformer” rating in a research report on Thursday, May 14th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of C$221.04.

Bank of Montreal Price Performance

Shares of TSE:BMO traded down C$1.15 during trading on Thursday, reaching C$224.38. 991,485 shares of the company were exchanged, compared to its average volume of 2,659,322. The firm has a market capitalization of C$158.17 billion, a PE ratio of 18.70, a P/E/G ratio of 0.71 and a beta of 1.25. The business’s fifty day simple moving average is C$202.46 and its 200-day simple moving average is C$191.04. Bank of Montreal has a 12-month low of C$143.35 and a 12-month high of C$226.08.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last issued its quarterly earnings data on Wednesday, May 27th. The bank reported C$3.67 earnings per share (EPS) for the quarter. The company had revenue of C$9.57 billion for the quarter. Bank of Montreal had a net margin of 11.77% and a return on equity of 10.47%. On average, sell-side analysts anticipate that Bank of Montreal will post 9.6514585 EPS for the current fiscal year.

Key Bank of Montreal News

Here are the key news stories impacting Bank of Montreal this week:

• Positive Sentiment: Bank of Montreal delivered stronger-than-expected quarterly results, with profit rising to C$2.63 billion from C$1.96 billion a year ago and earnings boosted by capital markets and fee revenue. BMO Earnings Beat Estimates on Capital Markets, Fee Revenue
• Positive Sentiment: The bank raised its quarterly dividend, which signals management confidence in capital strength and cash generation. BMO raises dividend, reports $2.63B Q2 profit, up from $1.96B a year ago
• Positive Sentiment: BMO reported stronger earnings coverage ratios for debt and preferred equity, suggesting a healthier cushion for obligations and preferred shareholders. Bank of Montreal Reports Stronger Earnings Coverage Ratios for Debt and Preferred Equity
• Positive Sentiment: The company also said its updated earnings coverage ratios for the year ended April 30, 2026 improved, reinforcing balance-sheet stability. Bank of Montreal Reports Stronger Earnings Coverage Ratios for Year to April 30, 2026
• Neutral Sentiment: BMO filed its Q2 2026 earnings release, financial statements, MD&A, and related control certifications, which are routine disclosure updates and not new operational surprises. Bank of Montreal Files Q2 2026 Earnings Release for Public Access
• Neutral Sentiment: Its CFO and CEO certified the accuracy and controls of the latest quarterly report, a standard governance step that should not materially affect the stock. Bank of Montreal CFO Certifies Accuracy of Latest Quarterly Report
• Neutral Sentiment: BMO updated its covered bond and note programs and confirmed upcoming dividend payment dates, which are administrative capital-markets actions. Bank of Montreal Updates $50 Billion Global Covered Bond Programme
• Neutral Sentiment: One Seeking Alpha piece argues the shares may be overvalued after the earnings run-up, which could temper enthusiasm despite the strong quarter. Bank of Montreal: Looking At Overvaluation And Q2

About Bank of Montreal

Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets.