Desjardins Forecasts Strong Price Appreciation for Bank of Montreal (TSE:BMO) Stock

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price target upped by Desjardins from C$195.00 to C$208.00 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has a “hold” rating on the bank’s stock. Desjardins’ price target would suggest a potential upside of 2.49% from the stock’s current price.

A number of other analysts also recently commented on the stock. TD Securities increased their price objective on shares of Bank of Montreal from C$209.00 to C$219.00 in a report on Monday, February 9th. National Bank Financial increased their price target on Bank of Montreal from C$186.00 to C$205.00 and gave the company a “sector perform” rating in a report on Thursday. Barclays lifted their price objective on Bank of Montreal from C$196.00 to C$199.00 and gave the stock an “equal weight” rating in a research report on Thursday. Raymond James Financial upgraded Bank of Montreal from a “market perform” rating to an “outperform” rating and upped their target price for the company from C$183.00 to C$214.00 in a report on Friday, February 13th. Finally, Canadian Imperial Bank of Commerce lifted their price target on Bank of Montreal from C$199.00 to C$209.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Four research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of C$202.33.

Bank of Montreal Stock Performance

Shares of BMO traded up C$0.42 during mid-day trading on Thursday, hitting C$202.94. 662,303 shares of the company were exchanged, compared to its average volume of 2,940,119. The stock has a market cap of C$143.87 billion, a price-to-earnings ratio of 17.74, a price-to-earnings-growth ratio of 0.71 and a beta of 1.38. Bank of Montreal has a 1-year low of C$121.31 and a 1-year high of C$204.57. The company has a 50 day moving average of C$187.62 and a 200-day moving average of C$178.44.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last released its earnings results on Thursday, December 4th. The bank reported C$3.28 earnings per share for the quarter. Bank of Montreal had a return on equity of 9.04% and a net margin of 13.57%.The business had revenue of C$9.34 billion for the quarter. Research analysts anticipate that Bank of Montreal will post 9.6514585 earnings per share for the current fiscal year.

Key Stories Impacting Bank of Montreal

Here are the key news stories impacting Bank of Montreal this week:

• Positive Sentiment: BMO beat Q1 estimates — stronger-than-expected results in its U.S. business and capital‑markets trading drove revenue and earnings upside, a key reason for the positive market reaction. BMO Earnings Top Estimates on US Business, Capital Markets
• Positive Sentiment: Analyst backing — TD Cowen’s Mario Mendonca maintained a Buy rating, citing improving profitability, U.S. growth and capital returns, which likely reinforces investor confidence. Bank of Montreal: Improving Profitability, U.S. Growth, and Capital Returns Support Buy Rating
• Positive Sentiment: Record revenue across business segments — management highlighted broad revenue strength, which supports higher earnings power and valuation upside. BMO posts record revenue across its business segment to beat analyst earnings expectations
• Positive Sentiment: Capital returns / dividends steady — the board held the quarterly common dividend steady for Q2 2026 and a preferred class (CL B PFD 44) declared $0.426, supporting yield-focused investors. BMO Financial Group Holds Quarterly Dividend Steady for Q2 2026 BMO CL B PFD 44 declares $0.426 dividend
• Positive Sentiment: Balance-sheet/coverage improvement — BMO reported stronger earnings‑coverage ratios through January 2026, reducing insolvency/capital concerns and supporting creditworthiness. Bank of Montreal Strengthens Earnings Coverage Ratios Through January 2026
• Neutral Sentiment: Regulatory / reporting reassurance — BMO filed a Form 6‑K and CEO/CFO certifications to reaffirm U.S. reporting compliance; reassurance but limited immediate market impact. Bank of Montreal Reaffirms U.S. Reporting Compliance With New 6-K and CEO/CFO Certifications
• Neutral Sentiment: Investor-facing content — earnings snapshots and a BMO retirement survey were published; useful for sentiment but unlikely to move the stock materially. Bank of Montreal: Fiscal Q1 Earnings Snapshot Canadians think they need to save this much money in order to retire: BMO survey
• Negative Sentiment: One-off costs and consumer stress — results included a severance charge and notes of rising consumer stress, which could temper margins or signal credit risks if trends worsen. BMO’s Q1 profits rise to $2.49B despite severance charge, rising consumer stress

Bank of Montreal Company Profile

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.