Analyst Ratings Coverage
CIBC World Markets (Rank#9) issued a research report on Bank of Montreal and maintained the “Neutral” rating and lowered the 12 month target on the stock to $115 from 4120 per share.
BMO Stock Analysis
Analyst Target Price:
The average analyst target price for Bank of Montreal is CAD 129.13 over the next 12 months. This figure is derived from forecasts provided by 14 analysts who have evaluated the stock.
Analyst Rating:
The average analyst rating for Bank of Montreal is “Buy.” This suggests a positive outlook among analysts regarding the performance of the stock.
Stock Target Advisor’s Analysis:
Stock Target Advisor provides its own analysis, indicating that the outlook for Bank of Montreal is “Slightly Bullish.” This sentiment is based on a combination of signals, including both positive and negative indicators.
Stock Performance:
At the last closing, Bank of Montreal’s stock price was CAD 110.68.
The stock price has changed by +0.44% over the past week, indicating a slight positive movement.
Over the past month, the stock has shown a more significant increase, rising by +4.15%. However, the stock has experienced a decline of -15.57% over the last year, suggesting a challenging performance during that period.
Final Stock Analysis
In summary, the information suggests that while analysts have an overall positive outlook on Bank of Montreal, there are mixed signals in the analysis, with both positive and negative indicators contributing to a slightly bullish sentiment. Investors should consider various factors, including the reasoning behind analyst ratings, the stock’s recent performance, and the broader economic context, before making investment decisions.
