Several other research firms also recently weighed in on BMO. Canaccord Genuity dropped their target price on shares of Bank of Montreal from C$103.00 to C$99.00 in a report on Wednesday, November 1st. Barclays lifted their price target on shares of Bank of Montreal from C$98.00 to C$99.00 in a report on Friday, August 11th. Finally, Scotiabank lowered their price target on shares of Bank of Montreal from C$103.00 to C$101.00 and set an outperform rating for the company in a report on Wednesday, August 30th. Seven research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of C$100.69.
Bank of Montreal (TSE:BMO) traded up C$0.21 during trading hours on Monday, reaching C$99.48. 1,250,000 shares of the company’s stock traded hands, compared to its average volume of 1,040,000. Bank of Montreal has a 52-week low of C$88.07 and a 52-week high of C$104.15.
About Bank of Montreal
Bank of Montreal (the Bank) is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets.
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