Desjardins Raises Bank of Montreal (TSE:BMO) Price Target to C$155.00

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its target price boosted by equities research analysts at Desjardins from C$147.00 to C$155.00 in a research note issued on Wednesday,BayStreet.CA reports. The firm currently has a “hold” rating on the bank’s stock. Desjardins’ target price would indicate a potential upside of 4.19% from the stock’s previous close. Desjardins also issued estimates for Bank of Montreal’s Q2 2025 earnings at $2.45 EPS, Q3 2025 earnings at $2.94 EPS, Q4 2025 earnings at $3.07 EPS, FY2025 earnings at $11.50 EPS and FY2026 earnings at $13.30 EPS.

Several other research analysts have also issued reports on the stock. Scotiabank decreased their price target on shares of Bank of Montreal from C$160.00 to C$159.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. TD Securities raised their price objective on shares of Bank of Montreal from C$114.00 to C$131.00 in a report on Friday, November 15th. Cibc World Mkts raised shares of Bank of Montreal from a “hold” rating to a “strong-buy” rating in a report on Friday, December 6th. CIBC lifted their price target on shares of Bank of Montreal from C$150.00 to C$154.00 in a report on Tuesday, February 18th. Finally, Royal Bank of Canada raised shares of Bank of Montreal from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from C$133.00 to C$161.00 in a report on Wednesday, January 8th. Six research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Bank of Montreal currently has a consensus rating of “Moderate Buy” and a consensus target price of C$148.23.

Bank of Montreal Price Performance

Shares of Bank of Montreal stock opened at C$148.76 on Wednesday. The company has a 50-day moving average of C$142.20 and a 200 day moving average of C$131.03. The firm has a market cap of C$107.75 billion, a price-to-earnings ratio of 14.68, a PEG ratio of 0.71 and a beta of 1.16. Bank of Montreal has a 1 year low of C$109.02 and a 1 year high of C$151.08.

Insider Buying and Selling

In related news, Director William Darryl White sold 11,376 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of C$140.79, for a total value of C$1,601,592.91. 0.03% of the stock is currently owned by company insiders.

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.