Bank of Montreal (TSE:BMO) Given New C$270.00 Price Target at Scotia

Posted by Amy Steele on Aug 26th, 2026

Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) had its price objective boosted by investment analysts at Scotia from C$268.00 to C$270.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. The brokerage currently has a “sector outperform” rating on the bank’s stock. Scotia’s target price would suggest a potential upside of 12.48% from the company’s current price.

BMO has been the subject of a number of other reports. Raymond James Financial increased their price target on shares of Bank of Montreal from C$233.50 to C$268.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 12th. Keefe, Bruyette & Woods set a C$295.00 price objective on shares of Bank of Montreal and gave the stock a “moderate buy” rating in a report on Friday, August 21st. Desjardins lifted their price objective on Bank of Montreal from C$230.00 to C$260.00 and gave the stock a “hold” rating in a research note on Wednesday, August 5th. Canadian Imperial Bank of Commerce lowered Bank of Montreal from an “outperformer” rating to a “hold” rating and upped their price target for the stock from C$244.00 to C$272.00 in a report on Wednesday, August 19th. Finally, TD raised their price target on shares of Bank of Montreal from C$239.00 to C$263.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of C$257.36.

Read Our Latest Analysis on Bank of Montreal

Bank of Montreal Price Performance

Shares of BMO traded up C$0.11 during mid-day trading on Wednesday, hitting C$240.05. The company’s stock had a trading volume of 1,596,867 shares, compared to its average volume of 2,471,046. The firm has a 50-day moving average price of C$249.92 and a 200 day moving average price of C$220.37. Bank of Montreal has a fifty-two week low of C$163.04 and a fifty-two week high of C$259.20. The stock has a market capitalization of C$168.14 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 0.71 and a beta of 1.22.

Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) last posted its quarterly earnings results on Tuesday, August 25th. The bank reported C$2.38 earnings per share (EPS) for the quarter. The company had revenue of C$9.90 billion for the quarter. Bank of Montreal had a return on equity of 11.25% and a net margin of 12.63%. As a group, equities analysts anticipate that Bank of Montreal will post 9.6514585 EPS for the current fiscal year.

Insider Activity at Bank of Montreal

In other Bank of Montreal news, Director William Darryl White sold 27,167 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of C$225.74, for a total value of C$6,132,678.58. Following the transaction, the director owned 87,166 shares of the company’s stock, valued at approximately C$19,676,852.84. The trade was a 23.76% decrease in their ownership of the stock. Also, insider Mona Elizabeth Malone sold 4,517 shares of the firm’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of C$244.61, for a total value of C$1,104,903.37. Following the completion of the sale, the insider owned 1,758 shares of the company’s stock, valued at approximately C$430,024.38. This trade represents a 71.98% decrease in their ownership of the stock. Insiders sold 45,004 shares of company stock valued at $10,339,904 in the last three months. Corporate insiders own 0.03% of the company’s stock.

Bank of Montreal News Roundup

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

Positive Sentiment: Adjusted earnings beat expectations: BMO reported adjusted net income of approximately C$2.85 billion, up 19% year over year, supported by broad-based strength across its businesses. Quarterly EPS was C$2.38 on revenue of C$9.90 billion. Bank of Montreal beat analysts’ expectations as profits climb across the company
Positive Sentiment: Share repurchase plan announced: BMO plans to buy back up to 25 million shares, potentially supporting earnings per share and signaling management confidence in the bank’s valuation and capital position. Bank of Montreal plans to repurchase up to 25M shares
Positive Sentiment: Higher analyst price target: National Bank Financial set a C$278 target, implying meaningful potential upside from recent trading levels, although it assigned only a “sector perform” rating. Bank of Montreal price target set at C$278 by National Bank Financial
Neutral Sentiment: BMO declared its fourth-quarter dividend and reported updated earnings-coverage ratios, while also publishing its third-quarter financial statements and management discussion. These updates reinforce disclosure and capital transparency but were not major new catalysts. Bank of Montreal files Q4 2026 dividend declaration
Negative Sentiment: Reported profit was hurt by a C$962 million charge related to the transportation-finance exit, causing reported earnings to fall about 25% year over year despite the adjusted earnings improvement. BMO takes $962-million hit on transportation-finance exit
Negative Sentiment: Some analysts view the quarter as solid but believe the one-time charge, ongoing execution risks and valuation limit near-term upside, resulting in a “hold” or cautious stance. Bank of Montreal Q3: Solid Quarter, But Just a Hold

Bank of Montreal Company Profile

(Get Free Report)

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.