Desjardins Boosts Bank of Montreal (TSE:BMO) Price Target to C$208.00

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price objective upped by Desjardins from C$195.00 to C$208.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the bank’s stock. Desjardins’ price target suggests a potential upside of 2.49% from the stock’s current price.

Several other research analysts have also recently issued reports on BMO. TD Securities increased their price target on shares of Bank of Montreal from C$209.00 to C$219.00 in a report on Monday, February 9th. Bank of America increased their price target on shares of Bank of Montreal from C$179.00 to C$183.00 in a research report on Friday, December 5th. Scotiabank increased their price objective on Bank of Montreal from C$191.00 to C$208.00 and gave the company a “sector perform” rating in a research note on Thursday. Royal Bank Of Canada upped their target price on shares of Bank of Montreal from C$178.00 to C$219.00 in a report on Thursday. Finally, Jefferies Financial Group cut their price objective on shares of Bank of Montreal from C$197.00 to C$195.00 in a research report on Thursday. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of C$202.33.

Bank of Montreal Price Performance

Shares of Bank of Montreal stock traded up C$0.42 on Thursday, reaching C$202.94. 662,303 shares of the company were exchanged, compared to its average volume of 2,940,119. The stock’s 50 day moving average price is C$187.62 and its 200-day moving average price is C$178.44. The company has a market cap of C$143.87 billion, a P/E ratio of 17.74, a price-to-earnings-growth ratio of 0.71 and a beta of 1.38. Bank of Montreal has a 1-year low of C$121.31 and a 1-year high of C$204.57.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last posted its earnings results on Thursday, December 4th. The bank reported C$3.28 EPS for the quarter. The firm had revenue of C$9.34 billion for the quarter. Bank of Montreal had a return on equity of 9.04% and a net margin of 13.57%. On average, research analysts predict that Bank of Montreal will post 9.6514585 earnings per share for the current fiscal year.

Key Headlines Impacting Bank of Montreal

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

• Positive Sentiment: BMO beat Q1 estimates — stronger-than-expected results in its U.S. business and capital‑markets trading drove revenue and earnings upside, a key reason for the positive market reaction. BMO Earnings Top Estimates on US Business, Capital Markets
• Positive Sentiment: Analyst backing — TD Cowen’s Mario Mendonca maintained a Buy rating, citing improving profitability, U.S. growth and capital returns, which likely reinforces investor confidence. Bank of Montreal: Improving Profitability, U.S. Growth, and Capital Returns Support Buy Rating
• Positive Sentiment: Record revenue across business segments — management highlighted broad revenue strength, which supports higher earnings power and valuation upside. BMO posts record revenue across its business segment to beat analyst earnings expectations
• Positive Sentiment: Capital returns / dividends steady — the board held the quarterly common dividend steady for Q2 2026 and a preferred class (CL B PFD 44) declared $0.426, supporting yield-focused investors. BMO Financial Group Holds Quarterly Dividend Steady for Q2 2026 BMO CL B PFD 44 declares $0.426 dividend
• Positive Sentiment: Balance-sheet/coverage improvement — BMO reported stronger earnings‑coverage ratios through January 2026, reducing insolvency/capital concerns and supporting creditworthiness. Bank of Montreal Strengthens Earnings Coverage Ratios Through January 2026
• Neutral Sentiment: Regulatory / reporting reassurance — BMO filed a Form 6‑K and CEO/CFO certifications to reaffirm U.S. reporting compliance; reassurance but limited immediate market impact. Bank of Montreal Reaffirms U.S. Reporting Compliance With New 6-K and CEO/CFO Certifications
• Neutral Sentiment: Investor-facing content — earnings snapshots and a BMO retirement survey were published; useful for sentiment but unlikely to move the stock materially. Bank of Montreal: Fiscal Q1 Earnings Snapshot Canadians think they need to save this much money in order to retire: BMO survey
• Negative Sentiment: One-off costs and consumer stress — results included a severance charge and notes of rising consumer stress, which could temper margins or signal credit risks if trends worsen. BMO’s Q1 profits rise to $2.49B despite severance charge, rising consumer stress

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.