Bank of Montreal (TSE:BMO) (NYSE:BMO) had its target price hoisted by equities researchers at Royal Bank Of Canada from C$108.00 to C$116.00 in a research note issued to investors on Wednesday. The brokerage presently has a “sector perform” rating on the bank’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 17.01% from the company’s current price.
BMO has been the topic of a number of other reports. Eight Capital raised their target price on shares of Bank of Montreal from C$101.00 to C$106.00 in a research note on Wednesday. CIBC decreased their price target on shares of Bank of Montreal from C$101.00 to C$100.00 in a research report on Wednesday, August 30th. Canaccord Genuity raised their price target on shares of Bank of Montreal from C$99.00 to C$102.00 and gave the stock a “hold” rating in a research report on Wednesday, August 30th. Barclays raised their price target on shares of Bank of Montreal from C$97.00 to C$98.00 in a research report on Wednesday. Finally, National Bank Financial raised their price target on shares of Bank of Montreal from C$100.00 to C$103.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Bank of Montreal has a consensus rating of “Hold” and a consensus target price of C$103.36.
Bank of Montreal (TSE BMO) traded down C$0.45 during trading hours on Wednesday, reaching C$99.14. 1,721,866 shares of the company were exchanged, compared to its average volume of 1,447,193. Bank of Montreal has a 1-year low of C$88.63 and a 1-year high of C$104.15.
COPYRIGHT VIOLATION WARNING: This news story was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this news story on another site, it was copied illegally and reposted in violation of United States and international trademark and copyright laws. The correct version of this news story can be viewed at https://www.chaffeybreeze.com/2017/12/06/bank-of-montreal-bmo-price-target-raised-to-c116-00-at-royal-bank-of-canada.html.
Bank of Montreal Company Profile
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.
Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.