Desjardins Forecasts Strong Price Appreciation for Bank of Montreal (TSE:BMO) Stock

Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) had its target price boosted by equities researchers at Desjardins from C$212.00 to C$230.00 in a report released on Thursday,BayStreet.CA reports. The brokerage currently has a “hold” rating on the bank’s stock. Desjardins’ target price suggests a potential upside of 2.50% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. Canaccord Genuity Group lifted their target price on shares of Bank of Montreal from C$224.00 to C$230.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Royal Bank Of Canada cut their target price on shares of Bank of Montreal from C$219.00 to C$205.00 and set a “sector perform” rating for the company in a research report on Wednesday, March 25th. TD Securities lifted their target price on shares of Bank of Montreal from C$209.00 to C$219.00 in a research report on Monday, February 9th. TD lifted their price target on shares of Bank of Montreal from C$219.00 to C$234.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Canadian Imperial Bank of Commerce lifted 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 report on Thursday, May 14th. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Bank of Montreal has an average rating of “Hold” and a consensus target price of C$221.04.

View Our Latest Research Report on BMO

Bank of Montreal Price Performance

BMO traded down C$1.15 during midday trading on Thursday, reaching C$224.38. 991,485 shares of the company’s stock were exchanged, compared to its average volume of 2,659,322. The stock has a market capitalization of C$158.17 billion, a PE ratio of 18.70, a P/E/G ratio of 0.71 and a beta of 1.25. The business’s 50-day moving average price is C$202.46 and its 200 day moving average price is C$191.04. Bank of Montreal has a 1-year low of C$143.35 and a 1-year high of C$226.08.

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

Key Bank of Montreal News

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

About Bank of Montreal

(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.

Featured Stories

• Five stocks we like better than Bank of Montreal
• Snowflake and the Snowballing Impact of its AI Flywheel
• AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
• These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
• IREN Is Flipping the Switch from Bitcoin to AI