Bank of Montreal (TSE:BMO) Price Target Raised to C$271.00 at Canaccord Genuity Group

Posted by Bonnie Powley on Aug 26th, 2026

Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) had its price objective lifted by analysts at Canaccord Genuity Group from C$265.00 to C$271.00 in a note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has a “buy” rating on the bank’s stock. Canaccord Genuity Group’s price target would suggest a potential upside of 12.89% from the company’s current price.

BMO has been the subject of a number of other reports. Bank of America upped their price objective on shares of Bank of Montreal from C$259.00 to C$262.00 in a research report on Wednesday. TD boosted their target price on shares of Bank of Montreal from C$239.00 to C$263.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. 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 research report on Friday, August 21st. Desjardins lifted their price objective on Bank of Montreal from C$230.00 to C$260.00 and gave the stock a “hold” rating in a report on Wednesday, August 5th. Finally, Scotiabank boosted their price objective on Bank of Montreal from C$234.00 to C$239.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, June 16th. Seven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Bank of Montreal currently has an average rating of “Hold” and an average price target of C$257.36.

View Our Latest Analysis on BMO

Bank of Montreal Trading Up 0.0%

BMO traded up C$0.11 during trading on Wednesday, hitting C$240.05. The company’s stock had a trading volume of 1,596,867 shares, compared to its average volume of 2,471,046. The firm has a market capitalization of C$168.14 billion, a price-to-earnings ratio of 18.44, a P/E/G ratio of 0.71 and a beta of 1.22. Bank of Montreal has a twelve month low of C$163.04 and a twelve month high of C$259.20. The business’s fifty day simple moving average is C$249.92 and its 200 day simple moving average is C$220.37.

Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) last announced its earnings results on Tuesday, August 25th. The bank reported C$2.38 earnings per share for the quarter. Bank of Montreal had a return on equity of 11.25% and a net margin of 12.63%.The business had revenue of C$9.90 billion during the quarter. As a group, equities research analysts forecast that Bank of Montreal will post 9.6514585 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Bank of Montreal news, insider Sharon Marie Haward-Laird sold 4,519 shares of the stock in a transaction dated 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. Also, Director William Darryl White sold 27,167 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of C$225.74, for a total transaction of C$6,132,678.58. Following the completion of the transaction, the director directly owned 87,166 shares in the company, valued at C$19,676,852.84. This trade represents a 23.76% decrease in their ownership of the stock. Over the last three months, insiders have sold 45,004 shares of company stock worth $10,339,904. 0.03% of the stock is owned by insiders.

Bank of Montreal News Roundup

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

Positive Sentiment: Adjusted earnings beat expectations: BMO reported adjusted net income of approximately C$2.85 billion, up 19% year over year, supported by broad-based strength across its businesses. Quarterly EPS was C$2.38 on revenue of C$9.90 billion. Bank of Montreal beat analysts’ expectations as profits climb across the company
Positive Sentiment: Share repurchase plan announced: BMO plans to buy back up to 25 million shares, potentially supporting earnings per share and signaling management confidence in the bank’s valuation and capital position. Bank of Montreal plans to repurchase up to 25M shares
Positive Sentiment: Higher analyst price target: National Bank Financial set a C$278 target, implying meaningful potential upside from recent trading levels, although it assigned only a “sector perform” rating. Bank of Montreal price target set at C$278 by National Bank Financial
Neutral Sentiment: BMO declared its fourth-quarter dividend and reported updated earnings-coverage ratios, while also publishing its third-quarter financial statements and management discussion. These updates reinforce disclosure and capital transparency but were not major new catalysts. Bank of Montreal files Q4 2026 dividend declaration
Negative Sentiment: Reported profit was hurt by a C$962 million charge related to the transportation-finance exit, causing reported earnings to fall about 25% year over year despite the adjusted earnings improvement. BMO takes $962-million hit on transportation-finance exit
Negative Sentiment: Some analysts view the quarter as solid but believe the one-time charge, ongoing execution risks and valuation limit near-term upside, resulting in a “hold” or cautious stance. Bank of Montreal Q3: Solid Quarter, But Just a Hold

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.