Bank of Montreal (TSE:BMO) Given a C$260.00 Price Target by Desjardins Analysts

Bank of Montreal (TSE:BMO) (NYSE:BMO) received a C$260.00 price target from research analysts at Desjardins in a research note issued on Wednesday, BayStreet reports. The firm currently has a “hold” rating on the bank’s stock. Desjardins‘s target price would suggest a potential upside of 4.83% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on BMO. Raymond James Financial boosted their price objective on Bank of Montreal from C$233.50 to C$268.00 and gave the company an “outperform” rating in a research note on Wednesday, August 12th. National Bank Financial set a C$278.00 price objective on shares of Bank of Montreal and gave the company a “sector perform” rating in a report on Monday, August 24th. Scotia increased their target price on shares of Bank of Montreal from C$268.00 to C$270.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, August 26th. Bank of America lifted their target price on shares of Bank of Montreal from C$259.00 to C$262.00 in a research note on Wednesday, August 26th. Finally, Canadian Imperial Bank of Commerce lowered their price target on shares of Bank of Montreal from C$272.00 to C$261.00 and set a “neutral” rating on the stock in a research report on Thursday, September 3rd. Seven investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of C$256.57.

Bank of Montreal Stock Up 1.2%

Bank of Montreal stock traded up C$2.82 during trading on Wednesday, hitting C$248.03. The stock had a trading volume of 775,726 shares, compared to its average volume of 2,362,013. Bank of Montreal has a 1 year low of C$168.92 and a 1 year high of C$259.20. The stock’s 50 day moving average is C$239.68 and its two-hundred day moving average is C$224.19. The stock has a market cap of C$172.40 billion, a price-to-earnings ratio of 20.21, a price-to-earnings-growth ratio of 0.71 and a beta of 1.05.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last announced its quarterly earnings data on Tuesday, August 25th. The bank reported C$3.96 earnings per share for the quarter. Bank of Montreal had a return on equity of 10.58% and a net margin of 11.75%. The business had revenue of C$9.96 billion during the quarter. As a group, equities research analysts anticipate that Bank of Montreal will post 9.65 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Mona Elizabeth Malone sold 7,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of C$242.51, for a total transaction of C$1,697,570.00. Following the completion of the transaction, the insider owned 1,758 shares of the company’s stock, valued at approximately C$426,332.58. The trade was a 79.93% decrease in their ownership of the stock. Also, Director Tayfun Tuzun sold 20,300 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of C$236.69, for a total transaction of C$4,804,807.00. Insiders sold a total of 47,999 shares of company stock worth $11,410,325 in the last quarter. 0.03% of the stock is owned by company insiders.

About Bank of Montreal

BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of July 31, 2026. Serving clients for more than 200 years, BMO provides a broad range of personal and commercial banking, wealth management, global markets, and investment banking products and services across Canada, the United States, and select markets globally. BMO is innovating for business value, by deploying and integrating human, digital and artificial intelligence to personalize client experiences, augment teams, and automate its business responsibly.