Royal Bank Of Canada Issues Positive Forecast for Bank of Montreal (TSE:BMO) Stock Price

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its target price increased by equities researchers at Royal Bank Of Canada from C$205.00 to C$230.00 in a report issued on Thursday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the bank’s stock. Royal Bank Of Canada’s price target would indicate a potential upside of 2.50% from the stock’s current price.

Several other analysts also recently commented on the stock. TD raised their target price on shares of Bank of Montreal from C$234.00 to C$239.00 and gave the stock a “buy” rating in a report on Thursday. Desjardins raised their target price on shares of Bank of Montreal from C$212.00 to C$230.00 and gave the stock a “hold” rating in a report on Thursday. TD Securities raised their target price on shares of Bank of Montreal from C$209.00 to C$219.00 in a report on Monday, February 9th. Scotiabank raised their target price on shares of Bank of Montreal from C$208.00 to C$209.00 and gave the stock a “sector perform” rating in a report on Monday, May 4th. Finally, Canadian Imperial Bank of Commerce raised their price target on shares of Bank of Montreal from C$211.00 to C$226.00 and gave the stock an “outperformer” rating in a research note on Thursday, May 14th. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Bank of Montreal presently has a consensus rating of “Hold” and a consensus price target of C$221.04.

Bank of Montreal Trading Down 0.5%

Shares of TSE:BMO traded down C$1.15 during trading on Thursday, hitting C$224.38. 991,485 shares of the company’s stock traded hands, compared to its average volume of 2,659,322. Bank of Montreal has a 52 week low of C$143.35 and a 52 week high of C$226.08. The company has a market cap of C$158.17 billion, a price-to-earnings ratio of 18.70, a price-to-earnings-growth ratio of 0.71 and a beta of 1.25. The company has a 50-day moving average price of C$202.46 and a 200-day moving average price of C$191.04.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last announced its earnings results on Wednesday, May 27th. The bank reported C$3.67 EPS for the quarter. The firm had revenue of C$9.57 billion for the quarter. Bank of Montreal had a net margin of 11.77% and a return on equity of 10.47%. On average, analysts predict that Bank of Montreal will post 9.6514585 earnings per share for the current fiscal year.

Bank of Montreal News Roundup

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

• Positive Sentiment: Bank of Montreal delivered stronger-than-expected quarterly results, with profit rising to C$2.63 billion from C$1.96 billion a year ago and earnings boosted by capital markets and fee revenue. BMO Earnings Beat Estimates on Capital Markets, Fee Revenue
• Positive Sentiment: The bank raised its quarterly dividend, which signals management confidence in capital strength and cash generation. BMO raises dividend, reports $2.63B Q2 profit, up from $1.96B a year ago
• Positive Sentiment: BMO reported stronger earnings coverage ratios for debt and preferred equity, suggesting a healthier cushion for obligations and preferred shareholders. Bank of Montreal Reports Stronger Earnings Coverage Ratios for Debt and Preferred Equity
• Positive Sentiment: The company also said its updated earnings coverage ratios for the year ended April 30, 2026 improved, reinforcing balance-sheet stability. Bank of Montreal Reports Stronger Earnings Coverage Ratios for Year to April 30, 2026
• Neutral Sentiment: BMO filed its Q2 2026 earnings release, financial statements, MD&A, and related control certifications, which are routine disclosure updates and not new operational surprises. Bank of Montreal Files Q2 2026 Earnings Release for Public Access
• Neutral Sentiment: Its CFO and CEO certified the accuracy and controls of the latest quarterly report, a standard governance step that should not materially affect the stock. Bank of Montreal CFO Certifies Accuracy of Latest Quarterly Report
• Neutral Sentiment: BMO updated its covered bond and note programs and confirmed upcoming dividend payment dates, which are administrative capital-markets actions. Bank of Montreal Updates $50 Billion Global Covered Bond Programme
• Neutral Sentiment: One Seeking Alpha piece argues the shares may be overvalued after the earnings run-up, which could temper enthusiasm despite the strong quarter. Bank of Montreal: Looking At Overvaluation And Q2

Bank of Montreal Company Profile

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.