Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) had its target price increased by TD from C$234.00 to C$239.00 in a research note issued on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the bank’s stock. TD’s target price would suggest a potential upside of 6.52% from the company’s previous close.
A number of other equities analysts have also issued reports on BMO. National Bank Financial boosted their target price on shares of Bank of Montreal from C$223.00 to C$236.00 and gave the stock a “sector perform” rating in a research report on Thursday. Scotiabank boosted their target price on shares of Bank of Montreal from C$208.00 to C$209.00 and gave the stock a “sector perform” rating in a research report on Monday, May 4th. Desjardins boosted their target price on shares of Bank of Montreal from C$212.00 to C$230.00 and gave the stock a “hold” rating in a research report on Thursday. Royal Bank Of Canada dropped their target price on shares of Bank of Montreal from C$219.00 to C$205.00 and set a “sector perform” rating on the stock in a research report on Wednesday, March 25th. Finally, Barclays boosted their target price on shares of Bank of Montreal from C$199.00 to C$203.00 and gave the stock an “underweight” rating in a research report on Thursday. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Bank of Montreal has a consensus rating of “Hold” and an average target price of C$221.04.
View Our Latest Stock Report on Bank of Montreal
Bank of Montreal Stock Performance
Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) last posted its quarterly earnings data on Wednesday, May 27th. The bank reported C$3.67 earnings per share for the quarter. Bank of Montreal had a return on equity of 10.47% and a net margin of 11.77%.The company had revenue of C$9.57 billion during the quarter. As a group, equities analysts forecast that Bank of Montreal will post 9.6514585 earnings per share for the current fiscal year.
Bank of Montreal News Roundup
Here are the key news stories impacting Bank of Montreal this week:
- Positive Sentiment: Bank of Montreal delivered stronger-than-expected quarterly results, with profit rising to C$2.63 billion from C$1.96 billion a year ago and earnings boosted by capital markets and fee revenue. BMO Earnings Beat Estimates on Capital Markets, Fee Revenue
- Positive Sentiment: The bank raised its quarterly dividend, which signals management confidence in capital strength and cash generation. BMO raises dividend, reports $2.63B Q2 profit, up from $1.96B a year ago
- Positive Sentiment: BMO reported stronger earnings coverage ratios for debt and preferred equity, suggesting a healthier cushion for obligations and preferred shareholders. Bank of Montreal Reports Stronger Earnings Coverage Ratios for Debt and Preferred Equity
- Positive Sentiment: The company also said its updated earnings coverage ratios for the year ended April 30, 2026 improved, reinforcing balance-sheet stability. Bank of Montreal Reports Stronger Earnings Coverage Ratios for Year to April 30, 2026
- Neutral Sentiment: BMO filed its Q2 2026 earnings release, financial statements, MD&A, and related control certifications, which are routine disclosure updates and not new operational surprises. Bank of Montreal Files Q2 2026 Earnings Release for Public Access
- Neutral Sentiment: Its CFO and CEO certified the accuracy and controls of the latest quarterly report, a standard governance step that should not materially affect the stock. Bank of Montreal CFO Certifies Accuracy of Latest Quarterly Report
- Neutral Sentiment: BMO updated its covered bond and note programs and confirmed upcoming dividend payment dates, which are administrative capital-markets actions. Bank of Montreal Updates $50 Billion Global Covered Bond Programme
- Neutral Sentiment: One Seeking Alpha piece argues the shares may be overvalued after the earnings run-up, which could temper enthusiasm despite the strong quarter. Bank of Montreal: Looking At Overvaluation And Q2
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.
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