Several brokerages have updated their recommendations and price targets on shares of Bank of Montreal (TSE: BMO) in the last few weeks:
- 8/19/2026 – Bank of Montreal was downgraded by Canadian Imperial Bank of Commerce from “outperformer” to “hold”. They now have a C$272.00 price target on the stock, up from C$244.00.
- 8/13/2026 – Bank of Montreal had its price target raised by Jefferies Financial Group Inc. from C$213.00 to C$225.00. They now have a “hold” rating on the stock.
- 8/13/2026 – Bank of Montreal had its price target raised by National Bank Financial from C$236.00 to C$278.00. They now have a “sector perform” rating on the stock.
- 8/12/2026 – Bank of Montreal had its price target raised by Raymond James Financial, Inc. from C$233.50 to C$268.00. They now have an “outperform” rating on the stock.
- 8/12/2026 – Bank of Montreal had its price target raised by TD from C$239.00 to C$263.00. They now have a “buy” rating on the stock.
- 8/5/2026 – Bank of Montreal had its price target raised by Desjardins from C$230.00 to C$260.00. They now have a “hold” rating on the stock.
- 7/7/2026 – Bank of Montreal had its price target raised by Canaccord Genuity Group Inc. from C$242.00 to C$265.00. They now have a “buy” rating on the stock.
Bank of Montreal Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Wednesday, August 26th will be paid a dividend of $1.71 per share. This is an increase from Bank of Montreal’s previous quarterly dividend of $1.67. This represents a $6.84 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Thursday, July 30th. Bank of Montreal’s dividend payout ratio is presently 50.69%.
Insider Activity at Bank of Montreal
In other news, insider Sharon Marie Haward-Laird sold 4,519 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of C$225.85, for a total value of C$1,020,616.15. Also, insider Mona Elizabeth Malone sold 5,000 shares of Bank of Montreal stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of C$244.65, for a total value of C$1,223,250.00. Following the completion of the sale, the insider owned 1,758 shares in the company, valued at approximately C$430,094.70. This represents a 73.99% decrease in their ownership of the stock. Insiders sold 45,004 shares of company stock valued at $10,339,904 over the last ninety days. 0.03% of the stock is owned by insiders.
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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