TD Issues Pessimistic Forecast for Bank of Montreal (TSE:BMO) Stock Price

Key Points

• TD cut its price target on Bank of Montreal from C$263 to C$261 but maintained a Buy rating; the new target implies 5.88% upside from the prior close.
• Analyst views are mixed: seven rate the stock Buy, five Hold, and one Sell. MarketBeat reports an average rating of Hold and a consensus target of C$256.43.
• BMO shares fell 0.5% to C$246.51 on Thursday. Insiders sold 47,999 shares worth about C$11.4 million during the last quarter.

Bank of Montreal (TSE:BMO - Get Free Report) NYSE: BMO had its price target decreased by stock analysts at TD from C$263.00 to C$261.00 in a research report issued on Thursday, BayStreet reports. The brokerage currently has a "buy" rating on the bank's stock. TD's price target would suggest a potential upside of 5.88% from the stock's previous close.

Several other brokerages have also issued reports on BMO. Raymond James Financial boosted their target price on Bank of Montreal from C$233.50 to C$268.00 and gave the company an "outperform" rating in a research report on Wednesday, August 12th. National Bank Financial set a C$278.00 price target on shares of Bank of Montreal and gave the stock a "sector perform" rating in a research report on Monday, August 24th. Jefferies Financial Group raised their price objective on Bank of Montreal from C$213.00 to C$225.00 and gave the company a "hold" rating in a research report on Thursday, August 13th. Desjardins set a C$260.00 price target on Bank of Montreal and gave the stock a "hold" rating in a research report on Wednesday. Finally, Scotia increased their price objective on shares of Bank of Montreal from C$268.00 to C$270.00 and gave the company a "sector outperform" rating in a research report on Wednesday, August 26th. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of C$256.43.

Bank of Montreal Trading Down 0.5%

Shares of BMO traded down C$1.24 during trading hours on Thursday, reaching C$246.51. 668,734 shares of the stock traded hands, compared to its average volume of 2,359,367. The company has a market cap of C$171.35 billion, a P/E ratio of 20.09, a price-to-earnings-growth ratio of 0.71 and a beta of 1.05. The company's 50-day moving average price is C$239.95 and its two-hundred day moving average price is C$224.49. Bank of Montreal has a 52-week low of C$168.92 and a 52-week high of C$259.20.

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

Insider Transactions at Bank of Montreal

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