Bank of Montreal (TSE:BMO) PT Set at C$260.00 by Desjardins

Key Points

• Desjardins set a C$260 price target and maintained a “hold” rating, implying 4.83% upside from BMO’s current price.
• Analyst views are mixed: MarketBeat reports a consensus “hold” rating and C$256.57 price target, based on seven Buy, five Hold, and one Sell rating.
• BMO reported quarterly EPS of C$3.96 and revenue of C$9.96 billion; shares traded at C$248.03 on Wednesday.

Bank of Montreal (TSE:BMO - Get Free Report) NYSE: BMO has been given a C$260.00 target price by Desjardins in a report issued on Wednesday, BayStreet reports. The firm presently has a "hold" rating on the bank's stock. Desjardins's price target points to a potential upside of 4.83% from the stock's current price.

A number of other brokerages have also commented on BMO. Keefe, Bruyette & Woods set a C$295.00 price target on shares of Bank of Montreal and gave the stock a "moderate buy" rating in a report on Friday, August 21st. Bank of America lifted their target price on Bank of Montreal from C$259.00 to C$262.00 in a report on Wednesday, August 26th. TD upped their price target on Bank of Montreal from C$239.00 to C$263.00 and gave the company a "buy" rating in a research report on Wednesday, August 12th. Royal Bank Of Canada raised their price objective on Bank of Montreal from C$230.00 to C$241.00 and gave the stock a "sector perform" rating in a research report on Wednesday, August 26th. Finally, Scotia upped their target price on Bank of Montreal from C$268.00 to C$270.00 and gave the company a "sector outperform" rating in a report on Wednesday, August 26th. Seven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of C$256.57.

Bank of Montreal Price Performance

Shares of TSE BMO traded up C$2.82 during mid-day trading on Wednesday, hitting C$248.03. 775,726 shares of the stock traded hands, compared to its average volume of 2,362,013. The company has a market cap of C$172.40 billion, a PE ratio of 20.21, a price-to-earnings-growth ratio of 0.71 and a beta of 1.05. Bank of Montreal has a twelve month low of C$168.92 and a twelve month high of C$259.20. The firm has a 50 day simple moving average of C$239.68 and a two-hundred day simple moving average of C$224.19.

Bank of Montreal (TSE:BMO - Get Free Report) NYSE: BMO last issued its quarterly earnings data on Tuesday, August 25th. The bank reported C$3.96 earnings per share (EPS) for the quarter. Bank of Montreal had a net margin of 11.75% and a return on equity of 10.58%. The business had revenue of C$9.96 billion during the quarter. On average, equities research analysts anticipate that Bank of Montreal will post 9.65 earnings per share for the current fiscal year.

Insider Transactions at Bank of Montreal

In other Bank of Montreal news, insider Deland Kamanga sold 9,064 shares of the business's stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of C$237.65, for a total transaction of C$2,154,059.60. Also, Director Tayfun Tuzun sold 20,300 shares of the stock in a transaction on Friday, August 28th. The shares were sold at an average price of C$236.69, for a total value of C$4,804,807.00. Insiders sold a total of 47,999 shares of company stock valued at $11,410,325 over the last three months. Corporate insiders own 0.03% of the company's stock.

About Bank of Montreal

BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of July 31, 2026. Serving clients for more than 200 years, BMO provides a broad range of personal and commercial banking, wealth management, global markets, and investment banking products and services across Canada, the United States, and select markets globally. BMO is innovating for business value, by deploying and integrating human, digital and artificial intelligence to personalize client experiences, augment teams, and automate its business responsibly.

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