BMO:TSX-Bank of Montreal (CAD)

COMMON STOCK | Banks-Diversified | TSX

Last Closing Price

CAD 129.23

Change

+2.22 (+1.75)%

Market Cap

CAD 87.16B

Volume

1.71M

Avg Analyst Target

CAD 151.30 (+17.08%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


BMO Stock Forecast & Price:
Based on the Bank of Montreal stock forecasts from 14 analysts, the average analyst target price for Bank of Montreal is CAD 151.30 over the next 12 months. Bank of Montreal’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Bank of Montreal is Slightly Bullish , which is based on 6 positive signals and 5 negative signals. At the last closing, Bank of Montreal’s stock price was CAD 129.23. Bank of Montreal’s stock price has changed by +1.32% over the past week, +2.31% over the past month and +1.02% over the last year.

About Bank of Montreal (BMO:CA:TSX)

Bank of Montreal provides diversified financial services primarily in North America. The company's personal banking products and services include checking and savings accounts, credit cards, mortgages, and financial and investment advice services; and commercial banking products ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-08-10 )

Largest Industry Peers for Banks-Diversified

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
RY-PZ:CA Royal Bank of Canada Pref Z

-0.10 (-0.45%)

CAD190.18B 1.92 N/A
RY:CA Royal Bank of Canada

+1.69 (+1.36%)

CAD174.16B 10.86 N/A
RY-PJ:CA Royal Bank of Canada Pref J

-0.35 (-1.55%)

CAD173.32B 1.94 N/A
RY-PM:CA Royal Bank of Canada Pref M

+0.44 (+2.07%)

CAD170.28B 1.86 N/A
TD:CA Toronto Dominion Bank

+1.94 (+2.34%)

CAD150.52B 10.37 N/A
RY-PC:CA Royal Bank of Canada

N/A

CAD149.96B 2.64 N/A
RY-PE:CA Royal Bank of Canada

N/A

CAD149.54B 2.61 N/A
RY-PQ:CA Royal Bank of Canada

N/A

CAD144.82B 3.09 N/A
BNS:CA Bank of Nova Scotia

+1.72 (+2.21%)

CAD94.80B 9.62 N/A
BMO-PW:CA Bank of Montreal Pref W

N/A

CAD84.53B 1.19 N/A

ETFs Containing BMO:CA

Symbol Name Weight Mer Price(Change) Market Cap
CIC:CA CI Canadian Banks Covered.. 16.72 % 0.80 %

+0.17 (+1.45%)

CAD0.18B
ZBBB:CA BMO BBB Corporate Bond In.. 3.04 % 0.17 %

N/A

CAD6.99M
EGIF:CA Exemplar Growth and Incom.. 1.38 % 1.29 %

N/A

CAD0.02B
CEW WisdomTree Emerging Curre.. 0.00 % 0.55 %

+0.18 (+1.09%)

CAD8.27M
RQN:CA RBC Target 2025 Corporate.. 0.00 % 0.28 %

N/A

CAD0.07B
FLRM:CA Franklin Liberty Risk Man.. 0.00 % 0.33 %

+0.33 (+1.46%)

CAD7.83M
RBNK:CA RBC Canadian Bank Yield 0.00 % 0.32 %

+0.47 (+1.92%)

CAD0.28B
ZVC:CA BMO MSCI Canada Value Ind.. 0.00 % 0.40 %

N/A

CAD0.02B
RPSB:CA RBC PH&N Short Term Canad.. 0.00 % 0.39 %

N/A

CAD0.04B
RMBO:CA RBC 6-10 year Laddered Ca.. 0.00 % 0.25 %

N/A

CAD4.36M
MCSB:CA Mackenzie Canadian Short .. 0.00 % 0.39 %

N/A

CAD0.02B
QCE:CA Mackenzie Canadian Large .. 0.00 % 0.04 %

+0.80 (+0.67%)

CAD0.11B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.05 %

+1.88 (+1.57%)

CAD1.04B
WOMN:CA BMO Women In Leadership F.. 0.00 % 0.40 %

N/A

CAD3.98M
RQL:CA RBC Target 2024 Corporate.. 0.00 % 0.28 %

+0.03 (+0.15%)

CAD0.09B
DRMC:CA Desjardins RI Canada - Lo.. 0.00 % 0.29 %

+0.46 (+1.95%)

CAD0.02B
FLCD:CA Franklin FTSE Canada All .. 0.00 % 0.05 %

N/A

CAD0.35B
FCCL:CA Fidelity Canadian Low Vol.. 0.00 % 0.35 %

N/A

CAD0.02B
BNC:CA Purpose Canadian Financia.. 0.00 % 0.66 %

N/A

CAD0.01B
XESG:CA iShares ESG MSCI Canada I.. 0.00 % 0.18 %

+0.37 (+1.54%)

CAD0.19B
ESGA:CA BMO MSCI Canada ESG Leade.. 0.00 % 0.17 %

+0.59 (+1.85%)

CAD0.10B
ESGC:CA Invesco S&P/TSX Composite.. 0.00 % 0.17 %

N/A

N/A
FCCV:CA Fidelity Canadian Value I.. 0.00 % 0.35 %

+0.22 (+1.75%)

N/A
NSCE:CA NBI Sustainable Canadian .. 0.00 % 0.69 %

N/A

CAD1.00B
XCSR:CA iShares ESG Advanced MSCI.. 0.00 % 0.17 %

+1.14 (+2.04%)

N/A
FCCM:CA Fidelity Canadian Momentu.. 0.00 % 0.35 %

+0.12 (+1.27%)

N/A
HCA:CA Hamilton Canadian Bank Me.. 0.00 % 0.56 %

+0.54 (+2.41%)

N/A
TMEC:CA TD Morningstar ESG Canada.. 0.00 % 0.09 %

+0.33 (+1.93%)

N/A
XCLR:CA iShares ESG MSCI Canada L.. 0.00 % 0.15 %

N/A

N/A
CCEI:CA CIBC Canadian Equity Inde.. 0.00 % 0.04 %

+0.22 (+1.04%)

N/A
MCLC:CA Manulife Multifactor Cana.. 0.00 % 0.40 %

+0.24 (+0.74%)

CAD0.35B
QCD:CA AGFiQ Enhanced Core Canad.. 0.00 % 0.45 %

N/A

CAD0.06B
ZWC:CA BMO Canadian High Dividen.. 0.00 % 0.65 %

+0.21 (+1.17%)

CAD1.54B
VCE:CA Vanguard FTSE Canada 0.00 % 0.05 %

+0.68 (+1.60%)

CAD1.24B
FDV:CA CI Active Canadian Divide.. 0.00 % 0.92 %

N/A

CAD9.43M
HAL Halliburton Company 0.00 % 0.00 %

+0.10 (+0.35%)

CAD25.39B
HEX:CA Horizons Enhanced Income .. 0.00 % 0.85 %

N/A

CAD0.03B
PDC:CA PowerShares Canadian Divi.. 0.00 % 0.56 %

+0.37 (+1.18%)

CAD0.87B
PDF:CA Purpose Core Dividend 0.00 % 0.67 %

+0.37 (+1.21%)

CAD0.16B
PPS:CA Invesco Canadian Preferre.. 0.00 % 0.51 %

N/A

CAD0.09B
PXC:CA PowerShares FTSE RAFI Can.. 0.00 % 0.51 %

+0.48 (+1.42%)

CAD0.26B
RCD:CA RBC Quant Canadian Divide.. 0.00 % 0.42 %

+0.29 (+1.21%)

CAD0.11B
RCE:CA RBC Quant Canadian Equity.. 0.00 % 0.43 %

N/A

CAD0.01B
RQH:CA RBC Target 2020 Corporate.. 0.00 % 0.20 %

N/A

CAD0.02B
RQI:CA RBC Target 2021 Corporate.. 0.00 % 0.27 %

N/A

CAD0.01B
RQJ:CA RBC Target 2022 Corporate.. 0.00 % 0.27 %

N/A

CAD0.01B
TTP:CA TD S&P/TSX Capped Composi.. 0.00 % 0.05 %

+0.34 (+1.52%)

CAD1.34B
VCN:CA Vanguard FTSE Canada All .. 0.00 % 0.05 %

+0.61 (+1.54%)

CAD4.59B
CEW:CA iShares Equal Weight Banc.. 0.00 % 0.61 %

+0.27 (+1.80%)

CAD0.21B
VDY:CA Vanguard FTSE Canadian Hi.. 0.00 % 0.21 %

+0.54 (+1.28%)

CAD1.70B
XCV:CA iShares Canadian Value 0.00 % 0.55 %

+0.52 (+1.65%)

CAD0.10B
XEI:CA iShares Core S&P/TSX Comp.. 0.00 % 0.22 %

+0.24 (+0.94%)

CAD1.26B
XEN:CA iShares Jantzi Social Ind.. 0.00 % 0.50 %

N/A

CAD0.09B
XFN:CA iShares S&P/TSX Capped Fi.. 0.00 % 0.61 %

+0.87 (+1.91%)

CAD1.36B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.06 %

+0.50 (+1.60%)

CAD8.69B
XIU:CA iShares S&P/TSX 60 0.00 % 0.18 %

+0.48 (+1.60%)

CAD10.85B
XMV:CA iShares MSCI Canada Minim.. 0.00 % 0.33 %

+0.34 (+0.93%)

CAD0.16B
XTR:CA iShares Diversified Month.. 0.00 % 0.62 %

+0.08 (+0.76%)

CAD0.55B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.06 %

+0.39 (+1.48%)

CAD6.88B
ZDV:CA BMO Canadian Dividend 0.00 % 0.35 %

+0.26 (+1.30%)

CAD0.87B
ZST:CA BMO Ultra Short-Term Bond 0.00 % 0.15 %

+0.04 (+0.08%)

CAD0.89B
ZWB:CA BMO Covered Call Canadian.. 0.00 % 0.72 %

+0.27 (+1.41%)

CAD2.63B
DXR:CA Dynamic Active Retirement.. 0.00 % 0.80 %

+0.27 (+1.22%)

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Banks-Diversified)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -5.11% 76% C 72% C-
Dividend Return 2.97% 68% D+ 87% B+
Total Return -2.14% 76% C 78% C+
Trailing 12 Months  
Capital Gain 0.14% 100% A+ 80% B-
Dividend Return 3.96% 40% F 72% C-
Total Return 4.10% 100% A+ 83% B
Trailing 5 Years  
Capital Gain 40.45% 83% B 72% C-
Dividend Return 21.97% 67% D+ 87% B+
Total Return 62.42% 83% B 77% C+
Average Annual (5 Year Horizon)  
Capital Gain 12.39% 87% B+ 75% C
Dividend Return 4.08% 91% A- 87% B+
Total Return 16.48% 87% B+ 79% C+
Risk Return Profile  
Volatility (Standard Deviation) 32.30% 4% F 27% F
Risk Adjusted Return 51.01% 74% C 68% D+
Market Capitalization 87.16B 68% D+ 99% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Banks-Diversified)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 7.09 24% F 71% C-
Price/Book Ratio 1.37 83% B 50% F
Price / Cash Flow Ratio -10.64 100% A+ 85% B
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 20.02% 100% A+ 82% B-
Return on Invested Capital -1.76% 20% F 30% F
Return on Assets 1.22% 100% A+ 41% F
Debt to Equity Ratio 43.64% 84% B 55% F
Technical Ratios  
Dividend Yield 4.35% 36% F 57% F
Short Ratio 4.42 88% B+ 40% F
Short Percent 1.90% 22% F 33% F
Beta 1.15 4% F 40% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.