Bank of Montreal (TSE:BMO) Price Target Raised to C$155.00 at Desjardins

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price target hoisted by Desjardins from C$147.00 to C$155.00 in a research report released on Wednesday,BayStreet.CA reports. Desjardins currently has a hold rating on the bank’s stock. Desjardins also issued estimates for Bank of Montreal’s Q2 2025 earnings at $2.45 EPS, Q3 2025 earnings at $2.94 EPS, Q4 2025 earnings at $3.07 EPS, FY2025 earnings at $11.50 EPS and FY2026 earnings at $13.30 EPS.

Several other equities analysts also recently weighed in on BMO. TD Securities lifted their target price on Bank of Montreal from C$114.00 to C$131.00 in a research report on Friday, November 15th. Royal Bank of Canada raised Bank of Montreal from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from C$133.00 to C$161.00 in a research report on Wednesday, January 8th. Canaccord Genuity Group raised their target price on shares of Bank of Montreal from C$143.00 to C$148.00 in a research note on Friday, December 6th. National Bankshares upped their price target on shares of Bank of Montreal from C$127.00 to C$148.00 in a research report on Wednesday, November 20th. Finally, Jefferies Financial Group raised their price objective on shares of Bank of Montreal from C$126.00 to C$140.00 in a research report on Tuesday, February 18th. Six analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$149.31.

Bank of Montreal Stock Performance

BMO opened at C$148.76 on Wednesday. The firm’s 50 day simple moving average is C$142.40 and its two-hundred day simple moving average is C$131.15. The company has a market capitalization of C$107.75 billion, a PE ratio of 14.68, a PEG ratio of 0.71 and a beta of 1.16. Bank of Montreal has a 1-year low of C$109.02 and a 1-year high of C$151.08.

Bank of Montreal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Tuesday, April 29th will be issued a $1.59 dividend. This represents a $6.36 dividend on an annualized basis and a yield of 4.28%. Bank of Montreal’s dividend payout ratio is currently 61.20%.

Insiders Place Their Bets

In other Bank of Montreal news, Director William Darryl White sold 11,376 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of C$140.79, for a total transaction of C$1,601,592.91. Corporate insiders own 0.03% of the company’s stock.

About Bank of Montreal

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.