Bank of Montreal (BMO) Price Target Raised to C$116.00 at Citigroup
Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price target raised by research analysts at Citigroup from C$112.00 to C$116.00 in a research note issued to investors on Monday. Citigroup’s price objective would indicate a potential upside of 15.27% from the company’s previous close.
Several other research analysts have also issued reports on BMO. Canaccord Genuity lifted 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. 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. Scotiabank decreased their price target on shares of Bank of Montreal from C$103.00 to C$101.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 30th. Barclays lifted their price target on shares of Bank of Montreal from C$97.00 to C$98.00 in a research report on Wednesday, December 6th. Finally, CSFB raised their price objective on shares of Bank of Montreal from C$102.00 to C$103.00 in a research note on Wednesday, December 6th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of C$105.46.
Bank of Montreal (TSE:BMO) traded up C$0.33 during trading on Monday, reaching C$100.63. 3,936,052 shares of the company’s stock traded hands, compared to its average volume of 1,456,062. Bank of Montreal has a 12-month low of C$88.63 and a 12-month high of C$104.15.
ILLEGAL ACTIVITY NOTICE: “Bank of Montreal (BMO) Price Target Raised to C$116.00 at Citigroup” was published by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another publication, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this piece can be accessed at https://www.watchlistnews.com/bank-of-montreal-bmo-price-target-raised-to-c116-00-at-citigroup/1771606.html.
About Bank of Montreal
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.