Bank of Montreal (TSE:BMO) (NYSE:BMO) was upgraded by equities research analysts at CSFB from an “underperform” rating to a “neutral” rating in a note issued to investors on Wednesday.

BMO has been the subject of a number of other reports. Citigroup Inc. increased their price target on Bank of Montreal from C$89.00 to C$95.00 in a research report on Wednesday, September 14th. Dundee Securities reissued a “neutral” rating and issued a C$91.00 target price on shares of Bank of Montreal in a research report on Wednesday, September 21st. Scotiabank decreased their target price on Bank of Montreal from C$89.00 to C$86.00 and set a “sector perform” rating for the company in a research report on Wednesday, October 5th. Royal Bank Of Canada reissued a “sector perform” rating and issued a C$88.00 target price on shares of Bank of Montreal in a research report on Wednesday, October 5th. Finally, CIBC raised their target price on Bank of Montreal from C$88.00 to C$90.00 in a research report on Friday, September 2nd. One investment analyst has rated the stock with a sell rating and eleven have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of C$88.20.

Analyst Recommendations for Bank of Montreal (TSE:BMO)

Shares of Bank of Montreal (TSE:BMO) opened at 88.80 on Wednesday. The company has a 50-day moving average price of $85.82 and a 200 day moving average price of $84.41. Bank of Montreal has a 1-year low of $68.65 and a 1-year high of $89.27. The company has a market capitalization of $57.28 billion and a P/E ratio of 13.21.

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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.

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