Canaccord Genuity Group Forecasts Strong Price Appreciation for Bank of Montreal (TSE:BMO) Stock

Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) had its price target raised by analysts at Canaccord Genuity Group from C$218.00 to C$224.00 in a research note issued on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the bank’s stock. Canaccord Genuity Group’s price target points to a potential upside of 10.38% from the company’s previous close.

A number of other research firms have also recently issued reports on BMO. Canadian Imperial Bank of Commerce upped their price objective on shares of Bank of Montreal from C$199.00 to C$209.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Desjardins lifted their price target on Bank of Montreal from C$189.00 to C$195.00 and gave the company a “hold” rating in a research note on Monday, February 9th. Barclays upped their price objective on Bank of Montreal from C$196.00 to C$199.00 and gave the company an “equal weight” rating in a research note on Thursday. National Bank Financial lifted their target price on shares of Bank of Montreal from C$186.00 to C$205.00 and gave the stock a “sector perform” rating in a research report on Thursday. Finally, Royal Bank Of Canada upped their price target on shares of Bank of Montreal from C$178.00 to C$219.00 in a research report on Thursday. Four research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of C$202.33.

View Our Latest Report on BMO

Bank of Montreal Trading Up 0.2%

Shares of TSE:BMO traded up C$0.42 on Thursday, reaching C$202.94. 662,303 shares of the company’s stock were exchanged, compared to its average volume of 2,940,119. The company has a fifty day moving average of C$187.62 and a 200-day moving average of C$178.44. The company has a market capitalization of C$143.87 billion, a price-to-earnings ratio of 17.74, a PEG ratio of 0.71 and a beta of 1.38. Bank of Montreal has a twelve month low of C$121.31 and a twelve month high of C$204.57.

Bank of Montreal (TSE:BMO – Get Free Report) (NYSE:BMO) last announced its quarterly earnings data on Thursday, December 4th. The bank reported C$3.28 earnings per share (EPS) for the quarter. The business had revenue of C$9.34 billion for the quarter. Bank of Montreal had a net margin of 13.57% and a return on equity of 9.04%. As a group, equities research analysts forecast 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: BMO beat Q1 estimates — stronger-than-expected results in its U.S. business and capital‑markets trading drove revenue and earnings upside, a key reason for the positive market reaction. BMO Earnings Top Estimates on US Business, Capital Markets
• Positive Sentiment: Analyst backing — TD Cowen’s Mario Mendonca maintained a Buy rating, citing improving profitability, U.S. growth and capital returns, which likely reinforces investor confidence. Bank of Montreal: Improving Profitability, U.S. Growth, and Capital Returns Support Buy Rating
• Positive Sentiment: Record revenue across business segments — management highlighted broad revenue strength, which supports higher earnings power and valuation upside. BMO posts record revenue across its business segment to beat analyst earnings expectations
• Positive Sentiment: Capital returns / dividends steady — the board held the quarterly common dividend steady for Q2 2026 and a preferred class (CL B PFD 44) declared $0.426, supporting yield-focused investors. BMO Financial Group Holds Quarterly Dividend Steady for Q2 2026 BMO CL B PFD 44 declares $0.426 dividend
• Positive Sentiment: Balance-sheet/coverage improvement — BMO reported stronger earnings‑coverage ratios through January 2026, reducing insolvency/capital concerns and supporting creditworthiness. Bank of Montreal Strengthens Earnings Coverage Ratios Through January 2026
• Neutral Sentiment: Regulatory / reporting reassurance — BMO filed a Form 6‑K and CEO/CFO certifications to reaffirm U.S. reporting compliance; reassurance but limited immediate market impact. Bank of Montreal Reaffirms U.S. Reporting Compliance With New 6-K and CEO/CFO Certifications
• Neutral Sentiment: Investor-facing content — earnings snapshots and a BMO retirement survey were published; useful for sentiment but unlikely to move the stock materially. Bank of Montreal: Fiscal Q1 Earnings Snapshot Canadians think they need to save this much money in order to retire: BMO survey
• Negative Sentiment: One-off costs and consumer stress — results included a severance charge and notes of rising consumer stress, which could temper margins or signal credit risks if trends worsen. BMO’s Q1 profits rise to $2.49B despite severance charge, rising consumer stress

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.

Recommended Stories

• Five stocks we like better than Bank of Montreal
• A $1.57 Billion Bet on North American Gold
• Gold Ran First – but This Cycle May Belong to Silver
• Read this or regret it forever
• Gilder: Don’t Buy AI Stocks, Do This Instead
• This makes me furious