Bank of Montreal (TSE:BMO) Price Target Raised to C$203.00 at Barclays

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price target raised by equities research analysts at Barclays from C$199.00 to C$203.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage presently has an “underweight” rating on the bank’s stock. Barclays‘s price objective would indicate a potential downside of 9.53% from the company’s current price.

Several other equities analysts have also commented on the stock. TD Securities upped their price objective on shares of Bank of Montreal from C$209.00 to C$219.00 in a report on Monday, February 9th. Royal Bank Of Canada decreased their price objective 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 report on Wednesday, March 25th. Desjardins increased their price objective on shares of Bank of Montreal from C$208.00 to C$212.00 and gave the company a “hold” rating in a research report on Tuesday, May 5th. Canaccord Genuity Group increased their price objective on shares of Bank of Montreal from C$224.00 to C$230.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Finally, Jefferies Financial Group increased their price objective on shares of Bank of Montreal from C$195.00 to C$196.00 in a research report on Wednesday, May 20th. Five research 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’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of C$221.04.

Bank of Montreal Price Performance

TSE BMO traded down C$1.15 during trading hours on Thursday, hitting C$224.38. 991,485 shares of the company’s stock traded hands, compared to its average volume of 2,659,322. Bank of Montreal has a 52-week low of C$143.35 and a 52-week high of C$226.08. The company has a market capitalization of C$158.17 billion, a PE ratio of 18.70, a PEG ratio of 0.71 and a beta of 1.25. The firm’s 50-day moving average is C$202.46 and its 200-day moving average is C$191.04.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last announced its quarterly earnings data on Wednesday, May 27th. The bank reported C$3.67 earnings per share (EPS) for the quarter. Bank of Montreal had a net margin of 11.77% and a return on equity of 10.47%. The company had revenue of C$9.57 billion during the quarter. Equities research analysts predict that Bank of Montreal will post 9.6514585 earnings per share for the current fiscal year.

More Bank of Montreal News

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.