Bank of Montreal (TSE:BMO) Given New C$219.00 Price Target at Royal Bank Of Canada

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its target price boosted by Royal Bank Of Canada from C$178.00 to C$219.00 in a research note released on Thursday morning,BayStreet.CA reports.

Other analysts have also issued research reports about the company. Raymond James Financial upgraded Bank of Montreal from a “market perform” rating to an “outperform” rating and upped their price target for the stock from C$183.00 to C$214.00 in a research report on Friday, February 13th. Scotiabank increased their target price on shares of Bank of Montreal from C$187.00 to C$191.00 in a report on Friday, January 9th. Bank of America raised their target price on shares of Bank of Montreal from C$179.00 to C$183.00 in a research note on Friday, December 5th. Barclays upped their price target on shares of Bank of Montreal from C$181.00 to C$196.00 in a research report on Thursday, February 19th. Finally, Canadian Imperial Bank of Commerce raised their price objective on shares of Bank of Montreal from C$199.00 to C$209.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of C$202.33.

Bank of Montreal Trading Up 0.6%

Shares of BMO stock opened at C$203.64 on Thursday. Bank of Montreal has a 12 month low of C$121.31 and a 12 month high of C$204.57. The stock has a market cap of C$144.36 billion, a P/E ratio of 17.80, a P/E/G ratio of 0.71 and a beta of 1.38. The company has a 50 day simple moving average of C$188.14 and a two-hundred day simple moving average of C$178.61.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last issued its quarterly earnings results on Thursday, December 4th. The bank reported C$3.28 earnings per share 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 analysts forecast that Bank of Montreal will post 9.6514585 earnings per share for the current year.

Bank of Montreal News Summary

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

• Positive Sentiment: Canaccord raised its price target to C$224 and kept a Buy rating, implying ~10% upside — a clear bullish signal from an active bank coverage shop. Canaccord raise
• Positive Sentiment: Royal Bank of Canada boosted its target to C$219 (about +7.8% potential), adding weight to the rally from a large domestic broker. RBC raise
• Positive Sentiment: TD Cowen reiterated a Buy based on improving profitability, U.S. growth and capital-return prospects — supportive fundamental research reinforcing the upgrades. TD Cowen note
• Positive Sentiment: Q1 results topped estimates: profit rose to C$2.49B and revenue beat expectations, driven by U.S. operations and capital markets — this earnings upside is a major near-term catalyst. Earnings beat
• Positive Sentiment: Company disclosures show strengthened earnings-coverage ratios through January and the board held the quarterly dividend steady — both point to financial resilience and support for yield-focused investors. Dividend & coverage
• Neutral Sentiment: Several other brokers raised targets modestly (National Bank to C$205; Desjardins and Scotiabank to C$208), but kept sector/hold ratings — supportive but not a consensus buy signal. Other raises
• Neutral Sentiment: BMO filed required U.S. reporting 6-K and CEO/CFO certifications reaffirming compliance — reduces regulatory uncertainty but is routine. Reporting compliance
• Negative Sentiment: Jefferies trimmed its target slightly to C$195 (now below the current price), and Barclays kept an Equal Weight with a C$199 target — these notes cap upside and may limit enthusiasm among neutral investors. Jefferies/Barclays notes

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.