TD Has Lowered Expectations for Bank of Montreal (TSE:BMO) Stock Price

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price objective decreased by analysts at TD from C$263.00 to C$261.00 in a report released on Thursday, BayStreet reports. The firm presently has a “buy” rating on the bank’s stock. TD‘s target price would indicate a potential upside of 5.88% from the company’s current price.

A number of other brokerages have also recently commented on BMO. Bank of America boosted their price objective on Bank of Montreal from C$259.00 to C$262.00 in a research note on Wednesday, August 26th. Scotia raised their price objective on shares of Bank of Montreal from C$268.00 to C$270.00 and gave the stock a “sector outperform” rating in a report on Wednesday, August 26th. Royal Bank Of Canada boosted their price target on Bank of Montreal from C$230.00 to C$241.00 and gave the company a “sector perform” rating in a report on Wednesday, August 26th. Canadian Imperial Bank of Commerce dropped their price objective on shares of Bank of Montreal from C$272.00 to C$261.00 and set a “neutral” rating on the stock in a research note on Thursday, September 3rd. Finally, Canaccord Genuity Group increased their target price on Bank of Montreal from C$265.00 to C$271.00 and gave the stock a “buy” rating in a research report on Wednesday, August 26th. Seven research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of C$256.43.

Bank of Montreal Trading Down 0.5%

Shares of BMO stock traded down C$1.24 during trading hours on Thursday, hitting C$246.51. The company’s stock had a trading volume of 668,734 shares, compared to its average volume of 2,359,367. The business has a fifty day moving average of C$239.95 and a 200-day moving average of C$224.49. The stock has a market cap of C$171.35 billion, a price-to-earnings ratio of 20.09, a P/E/G ratio of 0.71 and a beta of 1.05. Bank of Montreal has a twelve month low of C$168.92 and a twelve month high of C$259.20.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last released its earnings results on Tuesday, August 25th. The bank reported C$3.96 EPS for the quarter. Bank of Montreal had a net margin of 11.75% and a return on equity of 10.58%. The firm had revenue of C$9.96 billion during the quarter. On average, equities analysts expect that Bank of Montreal will post 9.65 EPS for the current fiscal year.

Insider Buying and Selling

In other Bank of Montreal news, Director Tayfun Tuzun sold 20,300 shares of the stock in a transaction on Friday, August 28th. The shares were sold at an average price of C$236.69, for a total transaction of C$4,804,807.00. Also, insider Deland Kamanga sold 9,064 shares of Bank of Montreal stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of C$237.65, for a total transaction of C$2,154,059.60. Over the last three months, insiders sold 47,999 shares of company stock worth $11,410,325. 0.03% of the stock is owned by company insiders.

Bank of Montreal Company Profile

BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of July 31, 2026. Serving clients for more than 200 years, BMO provides a broad range of personal and commercial banking, wealth management, global markets, and investment banking products and services across Canada, the United States, and select markets globally. BMO is innovating for business value, by deploying and integrating human, digital and artificial intelligence to personalize client experiences, augment teams, and automate its business responsibly.