TD Securities Raises Bank of Montreal (TSE:BMO) Price Target to C$152.00

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price target lifted by TD Securities from C$145.00 to C$152.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has a “hold” rating on the bank’s stock. TD Securities’ target price would indicate a potential upside of 2.18% from the company’s current price.

Other research analysts have also issued research reports about the company. National Bankshares boosted their price objective on Bank of Montreal from C$127.00 to C$148.00 in a research report on Wednesday, November 20th. Desjardins boosted their price objective on Bank of Montreal from C$147.00 to C$155.00 and gave the company a “hold” rating in a research report on Wednesday. CIBC boosted their price objective on Bank of Montreal from C$150.00 to C$154.00 in a research report on Tuesday, February 18th. Cibc World Mkts upgraded Bank of Montreal from a “hold” rating to a “strong-buy” rating in a research report on Friday, December 6th. Finally, Canaccord Genuity Group boosted their price objective on Bank of Montreal from C$154.00 to C$165.00 and gave the company a “buy” rating in a research report on Wednesday. Six investment 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.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$148.23.

Bank of Montreal Stock Down 0.3 %

TSE:BMO opened at C$148.76 on Wednesday. The business’s 50 day moving average is C$142.20 and its two-hundred day moving average is C$131.03. Bank of Montreal has a 52 week low of C$109.02 and a 52 week high of C$151.08. The company has a market cap of C$107.75 billion, a PE ratio of 14.68, a P/E/G ratio of 0.71 and a beta of 1.16.

Insider Transactions at Bank of Montreal

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

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.