Bank Of Montreal (TSE:BMO) Has Just Had Its TP Heightened by Equity Analysts at UBS Securities to $83.00


Stock Analysis:Bank Of Montreal (TSE:BMO) Stock Target Has Been Increased

In a recent research report finalized by UBS Securities on Thursday morning, Bank Of Montreal (TSE:BMO) had its TP boosted to $83.00. The firm presently has a solid “Buy” rating on shares.

From a total of 16 analysts covering Bank Of Montreal (TSE:BMO) stock, 3 rate it a ”Buy”, 2 a “Sell”, and 11 a ”Hold”. This means that 19% of the ratings are positive. The highest target price is $69.83 while the lowest target price is $53.31. The mean of all analyst targets is $61.8 with a 0.50% above today’s ($79.43) stock price. Bank Of Montreal was the topic of 10 analyst reports since August 20, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 2 with “Sector Perform” rating.

Approximately 810,727 shares of stock traded hands. Bank of Montreal (TSE:BMO) has risen 1.05% since April 30, 2015 and is uptrending. It has outperformed by 1.34% the S&P500.

Bank Of Montreal (TSE:BMO) Has Just Had Its TP Heightened by Equity Analysts at UBS Securities to $83.00

Bank of Montreal is a financial services company. The company has a market cap of $51.04 billion. The Bank provides a range of retail banking, wealth management, and investment banking services and products. It has 12.57 P/E ratio. It conducts its business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.

According to Zacks Investment Research, “Bank of Montreal is one of the largest banks in North America, is also one of Canada’s oldest banks. The bank offers a complete range of financial services in our chosen markets on both sides of the Canada-United States border. The bank offers to all of their clients not just financial products, but knowledge-based solutions, custom-made to add value in their financial affairs.” Get a free copy of the Zacks research report on Bank of Montreal (BMO).