Bank of America Issues Positive Forecast for Bank of Montreal (TSE:BMO) Stock Price

Posted by Brenda Bartman on Aug 26th, 2026

Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) had its price objective lifted by analysts at Bank of America from C$259.00 to C$262.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. Bank of America‘s price target suggests a potential upside of 9.14% from the stock’s previous close.

BMO has been the topic of several other research reports. Canaccord Genuity Group boosted their price objective on Bank of Montreal from C$242.00 to C$265.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Desjardins lifted their target price 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. Barclays boosted their price target on shares of Bank of Montreal from C$203.00 to C$240.00 in a report on Friday, August 21st. National Bank Financial set a C$278.00 price target on shares of Bank of Montreal and gave the company a “sector perform” rating in a research report on Monday. Finally, TD lifted their price objective 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 stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of C$257.36.

Read Our Latest Analysis on Bank of Montreal

Bank of Montreal Stock Performance

Shares of Bank of Montreal stock traded up C$0.11 during mid-day trading on Wednesday, hitting C$240.05. 1,596,867 shares of the stock were exchanged, compared to its average volume of 2,471,046. Bank of Montreal has a 12 month low of C$163.04 and a 12 month high of C$259.20. The company has a 50-day simple moving average of C$249.92 and a 200 day simple moving average of C$220.37. The company has a market capitalization of C$168.14 billion, a P/E ratio of 18.44, a P/E/G ratio of 0.71 and a beta of 1.22.

Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) last released its 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 during the quarter. Bank of Montreal had a return on equity of 11.25% and a net margin of 12.63%. Analysts predict that Bank of Montreal will post 9.6514585 EPS for the current year.

Insiders Place Their Bets

In other news, insider Mona Elizabeth Malone sold 4,517 shares of the company’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 transaction, the insider owned 1,758 shares of the company’s stock, valued at approximately C$430,024.38. This represents a 71.98% decrease in their ownership of the stock. Also, Director William Darryl White sold 27,167 shares of the 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 completion of the sale, the director owned 87,166 shares in the company, valued at C$19,676,852.84. This trade represents a 23.76% decrease in their position. Insiders have sold a total of 45,004 shares of company stock worth $10,339,904 over the last 90 days. Corporate insiders own 0.03% of the company’s stock.

Key Bank of Montreal News

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

About Bank of Montreal

(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.