Bank of Montreal (BMO) PT Raised to C$107.00 at CIBC

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price objective upped by analysts at CIBC from C$100.00 to C$107.00 in a research note issued on Monday. CIBC’s price target points to a potential upside of 9.19% from the stock’s current price.

A number of other research analysts have also issued reports on BMO. Canaccord Genuity lowered their target price on Bank of Montreal from C$103.00 to C$99.00 in a report on Wednesday, November 1st. Barclays PLC lifted their target price on Bank of Montreal from C$98.00 to C$99.00 in a report on Friday, August 11th. Finally, Scotiabank lowered their target price on Bank of Montreal from C$103.00 to C$101.00 and set an “outperform” rating on the stock in a report on Wednesday, August 30th. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of C$100.69.

Bank of Montreal (BMO) opened at C$97.99 on Monday. Bank of Montreal has a fifty-two week low of C$85.94 and a fifty-two week high of C$104.15.

COPYRIGHT VIOLATION WARNING: This news story was first published by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this news story on another publication, it was stolen and reposted in violation of United States & international copyright and trademark law. The legal version of this news story can be accessed at https://stocknewstimes.com/2017/11/15/bank-of-montreal-bmo-pt-raised-to-c107-00-at-cibc.html.

In related news, insider Joanna Michelle Rotenberg sold 2,000 shares of Bank of Montreal stock in a transaction dated Friday, September 29th. The stock was sold at an average price of C$94.81, for a total value of C$189,620.00. Also, Director Philip Orsino purchased 17,800 shares of the company’s stock in a transaction that occurred on Wednesday, September 6th. The stock was bought at an average cost of C$89.12 per share, for a total transaction of C$1,586,336.00.

Bank of Montreal Company Profile

Bank of Montreal (the Bank) is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets.

Analyst Recommendations for Bank of Montreal (TSE:BMO)

Receive News & Ratings for Bank of Montreal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Montreal and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply