Bank of Montreal (BMO) Price Target Lowered to C$90.00 at Dundee Securities
Bank of Montreal (TSE:BMO) had its target price cut by Dundee Securities from C$91.00 to C$90.00 in a research report report published on Tuesday morning. They currently have a neutral rating on the stock.
A number of other research analysts also recently issued reports on the stock. Citigroup Inc. boosted their price target on shares of Bank of Montreal from C$89.00 to C$95.00 in a research report on Wednesday, September 14th. CIBC boosted their price target on shares of Bank of Montreal from C$88.00 to C$90.00 in a research report on Friday, September 2nd. TD Securities boosted their price target on shares of Bank of Montreal from C$86.00 to C$89.00 and gave the stock a hold rating in a research report on Wednesday, August 24th. Scotiabank boosted their price target on shares of Bank of Montreal from C$86.00 to C$89.00 and gave the stock a sector perform rating in a research report on Wednesday, August 24th. Finally, National Bank Financial boosted their target price on shares of Bank of Montreal from C$84.00 to C$88.00 and gave the company a sector perform rating in a research report on Wednesday, August 24th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of C$87.93.
Bank of Montreal (TSE:BMO) opened at 84.30 on Tuesday. The firm has a market cap of $54.37 billion and a price-to-earnings ratio of 12.54. The firm’s 50-day moving average is $85.74 and its 200-day moving average is $82.98. Bank of Montreal has a 52-week low of $68.65 and a 52-week high of $87.92.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 28th. Investors of record on Tuesday, November 1st will be issued a $0.86 dividend. This represents a $3.44 annualized dividend and a yield of 4.08%.
About Bank of Montreal
Bank of Montreal (BMO) is a financial services company. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank’s operating groups include Personal and Commercial Banking, Wealth Management, BMO Capital Markets (BMO CM) and Corporate Services, including Technology and Operations.
Receive News & Stock Ratings for Bank of Montreal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Montreal and related stocks with our FREE daily email newsletter.