CIBC Increases Bank of Montreal (BMO) Price Target to C$107.00

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its price target boosted by CIBC from C$100.00 to C$107.00 in a report issued on Monday morning.

A number of other equities analysts have also commented on the stock. Canaccord Genuity dropped their price target on shares of Bank of Montreal from C$103.00 to C$99.00 in a research report on Wednesday, November 1st. Scotiabank dropped their price target on shares of Bank of Montreal from C$103.00 to C$101.00 and set an outperform rating on the stock in a research report on Wednesday, August 30th. Finally, Barclays PLC lifted their price target on shares of Bank of Montreal from C$98.00 to C$99.00 in a research report on Friday, August 11th. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of C$100.69.

Bank of Montreal (BMO) opened at C$98.95 on Monday. Bank of Montreal has a 52-week low of C$86.57 and a 52-week high of C$104.15.

WARNING: “CIBC Increases Bank of Montreal (BMO) Price Target to C$107.00” was reported by BBNS and is the property of of BBNS. If you are accessing this piece on another website, it was illegally copied and republished in violation of U.S. and international trademark & copyright law. The legal version of this piece can be read at https://baseballnewssource.com/markets/cibc-increases-bank-of-montreal-bmo-price-target-to-c107-00/1780687.html.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 28th. Investors of record on Wednesday, November 1st will be given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date of this dividend is Tuesday, October 31st. Bank of Montreal’s dividend payout ratio (DPR) is currently 43.30%.

In other Bank of Montreal news, insider Joanna Michelle Rotenberg sold 2,000 shares of Bank of Montreal stock in a transaction on Friday, September 29th. The shares were sold at an average price of C$94.81, for a total transaction of C$189,620.00. Also, Director Philip Orsino purchased 17,800 shares of the firm’s stock in a transaction on Wednesday, September 6th. The shares were acquired at an average price of C$89.12 per share, for a total transaction of C$1,586,336.00.

Bank of Montreal Company Profile

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.

Analyst Recommendations for Bank of Montreal (TSE:BMO)

Receive News & Ratings for Bank of Montreal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Montreal and related companies with our FREE daily email newsletter.

 


Latest News

MLB Commissioner: New Rule for Pace-of-Play in 2018
MLB Commissioner: New Rule for Pace-of-Play in 2018
Alex Cobb Could Be Good Fit for Cubs
Alex Cobb Could Be Good Fit for Cubs
Joey Votto Is One of Baseball’s Best Hitters
Joey Votto Is One of Baseball’s Best Hitters
Hunter Pence May Become Part-Time Player
Hunter Pence May Become Part-Time Player
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Brandon Morrow Becomes Hot Commodity
Brandon Morrow Becomes Hot Commodity


Leave a Reply

 
© 2006-2017 BBNS.