Bank of Montreal (TSE:BMO) Price Target Raised to C$208.00 at Desjardins

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its target price hoisted by Desjardins from C$195.00 to C$208.00 in a research note published on Thursday morning,BayStreet.CA reports. They currently have a hold rating on the bank’s stock.

A number of other research analysts have also recently commented on BMO. Jefferies Financial Group decreased their price target on Bank of Montreal from C$197.00 to C$195.00 in a research report on Thursday. Raymond James Financial upgraded shares of Bank of Montreal from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from C$183.00 to C$214.00 in a research note on Friday, February 13th. Bank of America boosted their target price on shares of Bank of Montreal from C$179.00 to C$183.00 in a research report on Friday, December 5th. Royal Bank Of Canada increased their price target on shares of Bank of Montreal from C$178.00 to C$219.00 in a research report on Thursday. Finally, Canaccord Genuity Group lifted their price objective on shares of Bank of Montreal from C$218.00 to C$224.00 and gave the company a “buy” rating in a research note on Thursday. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Bank of Montreal has a consensus rating of “Hold” and a consensus price target of C$202.33.

Bank of Montreal Trading Up 0.6%

TSE BMO opened at C$203.64 on Thursday. 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$188.14 and a 200-day moving average of C$178.61. The company has a market cap of C$144.36 billion, a price-to-earnings ratio of 17.80, a PEG ratio of 0.71 and a beta of 1.38.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last issued its quarterly earnings results on Thursday, December 4th. The bank reported C$3.28 earnings per share (EPS) 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. On average, equities research analysts forecast that Bank of Montreal will post 9.6514585 earnings per share for the current year.

Key Headlines Impacting Bank of Montreal

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

• Positive Sentiment: Canaccord raised its price target to C$224 and kept a Buy rating, implying ~10% upside — a clear bullish signal from an active bank coverage shop. Canaccord raise
• Positive Sentiment: Royal Bank of Canada boosted its target to C$219 (about +7.8% potential), adding weight to the rally from a large domestic broker. RBC raise
• Positive Sentiment: TD Cowen reiterated a Buy based on improving profitability, U.S. growth and capital-return prospects — supportive fundamental research reinforcing the upgrades. TD Cowen note
• Positive Sentiment: Q1 results topped estimates: profit rose to C$2.49B and revenue beat expectations, driven by U.S. operations and capital markets — this earnings upside is a major near-term catalyst. Earnings beat
• Positive Sentiment: Company disclosures show strengthened earnings-coverage ratios through January and the board held the quarterly dividend steady — both point to financial resilience and support for yield-focused investors. Dividend & coverage
• Neutral Sentiment: Several other brokers raised targets modestly (National Bank to C$205; Desjardins and Scotiabank to C$208), but kept sector/hold ratings — supportive but not a consensus buy signal. Other raises
• Neutral Sentiment: BMO filed required U.S. reporting 6-K and CEO/CFO certifications reaffirming compliance — reduces regulatory uncertainty but is routine. Reporting compliance
• Negative Sentiment: Jefferies trimmed its target slightly to C$195 (now below the current price), and Barclays kept an Equal Weight with a C$199 target — these notes cap upside and may limit enthusiasm among neutral investors. Jefferies/Barclays notes

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.