Bank of Montreal (TSE:BMO) Stock Rating Lowered by Cibc World Mkts

Posted by Editorial Team on Apr 6th, 2025

Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) was downgraded by analysts at Cibc World Mkts from a “strong-buy” rating to a “hold” rating in a note issued to investors on Friday,Zacks.com reports.

Several other equities research analysts also recently issued reports on the company. Canaccord Genuity Group lifted their price objective on Bank of Montreal from C$143.00 to C$148.00 in a report on Friday, December 6th. UBS Group lifted their price target on shares of Bank of Montreal from C$146.00 to C$160.00 in a research note on Friday, February 28th. Royal Bank of Canada set a C$163.00 price target on shares of Bank of Montreal and gave the company an “outperform” rating in a report on Monday, March 17th. Canaccord Genuity Group raised their price objective on shares of Bank of Montreal from C$154.00 to C$165.00 and gave the stock a “buy” rating in a report on Wednesday, February 26th. Finally, Desjardins upped their target price on shares of Bank of Montreal from C$147.00 to C$155.00 and gave the company a “hold” rating in a research note on Wednesday, February 26th. Eight equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Bank of Montreal has an average rating of “Hold” and a consensus target price of C$148.15.

Check Out Our Latest Analysis on Bank of Montreal

Bank of Montreal Stock Performance

Shares of TSE BMO opened at C$127.04 on Friday. Bank of Montreal has a 1 year low of C$109.02 and a 1 year high of C$151.08. The stock’s 50-day simple moving average is C$141.56 and its 200-day simple moving average is C$135.70. The firm has a market cap of C$92.02 billion, a price-to-earnings ratio of 12.54, a PEG ratio of 0.71 and a beta of 1.16.

Insider Transactions at Bank of Montreal

In other news, Senior Officer Nadim Hirji sold 3,238 shares of the business’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of C$148.87, for a total transaction of C$482,024.87. Insiders own 0.03% of the company’s stock.

Bank of Montreal Company Profile

(Get Free Report)

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.