National Bank Financial Analysts Give Bank of Montreal (TSE:BMO) a C$278.00 Price Target

by · The Markets Daily

National Bank Financial set a C$278.00 target price on Bank of Montreal (TSE:BMO – Free Report) (NYSE:BMO) in a research report sent to investors on Monday,BayStreet.CA reports. The firm currently has a sector perform rating on the bank’s stock.

A number of other research firms have also weighed in on BMO. Jefferies Financial Group increased their price target 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. Barclays boosted their price objective on Bank of Montreal from C$203.00 to C$240.00 in a report on Friday, August 21st. Raymond James Financial raised their target price on shares of Bank of Montreal from C$233.50 to C$268.00 and gave the stock an “outperform” rating in a report on Wednesday, August 12th. TD boosted their price target on shares of Bank of Montreal from C$239.00 to C$263.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Finally, Canadian Imperial Bank of Commerce lowered shares of Bank of Montreal from an “outperformer” rating to a “hold” rating and boosted their price target for the company from C$244.00 to C$272.00 in a report on Wednesday, August 19th. Seven analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of C$257.36.

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Bank of Montreal Stock Performance

TSE BMO opened at C$239.97 on Monday. Bank of Montreal has a 1 year low of C$163.04 and a 1 year high of C$259.20. The business’s fifty day moving average is C$249.92 and its two-hundred day moving average is C$220.71. The stock has a market capitalization of C$168.08 billion, a P/E ratio of 18.43, a P/E/G ratio of 0.71 and a beta of 1.22.

Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) last released its quarterly earnings data on Tuesday, August 25th. The bank reported C$2.38 earnings per share for the quarter. The business had revenue of C$9.90 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 9.6514585 earnings per share for the current year.

Bank of Montreal Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 26th. Investors of record on Wednesday, August 26th were paid a $1.71 dividend. The ex-dividend date of this dividend was Thursday, July 30th. This represents a $6.84 annualized dividend and a yield of 2.9%. This is an increase from Bank of Montreal’s previous quarterly dividend of $1.67. Bank of Montreal’s dividend payout ratio (DPR) is currently 50.69%.

Insider Activity

In other news, insider Mona Elizabeth Malone sold 5,000 shares of the stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of C$244.65, for a total transaction of C$1,223,250.00. Following the transaction, the insider owned 1,758 shares of the company’s stock, valued at approximately C$430,094.70. This represents a 73.99% decrease in their position. Also, insider Sharon Marie Haward-Laird sold 4,519 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of C$225.85, for a total value of C$1,020,616.15. In the last quarter, insiders have sold 45,004 shares of company stock valued at $10,339,904. Insiders own 0.03% of the company’s stock.

Trending Headlines about Bank of Montreal

Here are the key news stories impacting Bank of Montreal this week:

  • Positive Sentiment: Analysts raised their valuation targets following the results. Scotia increased its target to C$270 with a “sector outperform” rating, Canaccord Genuity raised its target to C$271 and maintained a “buy” rating, and Bank of America lifted its target to C$262. National Bank Financial separately set a C$278 target. These targets imply roughly 9%–16% potential upside from recent levels. BayStreet.CA analyst ratings National Bank Financial price target
  • Positive Sentiment: BMO reported quarterly EPS of C$2.38 and revenue of C$9.90 billion, exceeding analysts’ expectations. Adjusted net income rose 19% year over year to approximately C$2.85 billion, supported by stronger performance across its businesses. Financial Post earnings report Bloomberg earnings report
  • Positive Sentiment: The bank announced plans to repurchase up to 25 million shares and declared its fourth-quarter dividend. Buybacks can support per-share earnings and signal management confidence in the stock’s valuation. BMO share repurchase announcement
  • Neutral Sentiment: Royal Bank of Canada raised its price target to C$241 but retained a “sector perform” rating, indicating limited near-term upside in its view. BayStreet.CA analyst ratings
  • Negative Sentiment: Reported profit fell because BMO recorded a C$962 million charge related to exiting transportation finance. Although the charge is largely nonrecurring, it highlights execution risk and makes headline earnings appear weaker. MSN transportation-finance charge report

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.

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