Bank of Montreal (BMO) PT Raised to C$98.00

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price target boosted by equities researchers at Barclays from C$97.00 to C$98.00 in a research report issued on Wednesday. Barclays’ price objective suggests a potential downside of 2.58% from the company’s current price.

Several other analysts have also issued reports on BMO. Canaccord Genuity dropped their price target on shares of Bank of Montreal from C$103.00 to C$99.00 in a research report on Wednesday, November 1st. Scotiabank dropped their price target on shares of Bank of Montreal from C$103.00 to C$101.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 30th. Finally, CIBC upped their price target on shares of Bank of Montreal from C$100.00 to C$107.00 in a research report on Monday, November 13th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Bank of Montreal presently has a consensus rating of “Hold” and an average target price of C$104.58.

Bank of Montreal (TSE BMO) opened at C$100.60 on Wednesday. Bank of Montreal has a 1-year low of C$88.63 and a 1-year high of C$104.15.

In other news, insider Joanna Michelle Rotenberg sold 2,000 shares of the stock in a transaction dated Friday, September 29th. The shares were sold at an average price of C$94.81, for a total value of C$189,620.00.

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About Bank of Montreal

Bank of Montreal (the Bank) is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets.

Analyst Recommendations for Bank of Montreal (TSE:BMO)

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