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

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price objective increased by Desjardins from C$212.00 to C$230.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The firm currently has a “hold” rating on the bank’s stock. Desjardins’ target price suggests a potential upside of 2.50% from the stock’s current price.

A number of other equities research analysts also recently issued reports on BMO. TD boosted their target price on shares of Bank of Montreal from C$219.00 to C$234.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Barclays boosted their target price on shares of Bank of Montreal from C$199.00 to C$203.00 and gave the company an “underweight” rating in a report on Thursday. National Bank Financial boosted their target price on shares of Bank of Montreal from C$205.00 to C$223.00 and gave the company a “sector perform” rating in a report on Friday, May 15th. Scotiabank boosted their price objective on shares of Bank of Montreal from C$208.00 to C$209.00 and gave the stock a “sector perform” rating in a research note on Monday, May 4th. Finally, Jefferies Financial Group boosted their price objective on shares of Bank of Montreal from C$195.00 to C$196.00 in a research note on Wednesday, May 20th. Five 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of C$221.04.

Bank of Montreal Stock Performance

Bank of Montreal stock traded down C$1.15 during trading on Thursday, reaching C$224.38. The company had a trading volume of 991,485 shares, compared to its average volume of 2,659,322. Bank of Montreal has a 12-month low of C$143.35 and a 12-month high of C$226.08. The stock’s 50 day moving average price is C$202.46 and its two-hundred day moving average price is C$191.04. The firm has a market capitalization of C$158.17 billion, a price-to-earnings ratio of 18.70, a PEG ratio of 0.71 and a beta of 1.25.

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

Bank of Montreal News Roundup

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

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.