Zacks Rating on Bank Of Montreal (BMO)

Bank Of Montreal (BMO) : Zacks Investment Research ranks Bank Of Montreal (BMO) as 2, which is a Buy recommendation. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 3 research analysts is 3, which indicates as a Hold.

Bank Of Montreal (BMO) : The consensus price target for Bank Of Montreal (BMO) is $63.07 for the short term with a standard deviation of $2.24. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $65, however, the pessimist price target for the company is $60.


Shares of Bank of Montreal rose by 2.81% in the last five trading days and 5.23% for the last 4 weeks. Bank of Montreal is up 6.98% in the last 3-month period. Year-to-Date the stock performance stands at 22.48%. Bank Of Montreal (NYSE:BMO): stock turned positive on Tuesday. Though the stock opened at $65.97, the bulls momentum made the stock top out at $67.25 level for the day. The stock recorded a low of $65.97 and closed the trading day at $66.94, in the green by 2.89%. The total traded volume for the day was 1,285,099. The stock had closed at $65.06 in the previous days trading.

Bank of Montreal (BMO) is a financial services company. The Bank provides a range of retail banking, wealth management, and investment banking products and services. It conducts its business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets. The Bank operates primarily in Canada and the United States. It also has operations in the United Kingdom, Europe, the Caribbean and Asia. It also serves customers through its wealth management businesses: BMO Nesbitt Burns, BMO InvestorLine, BMO Private Banking, BMO Global Asset Management and BMO Insurance. BMO Capital Markets, its investment and corporate banking and trading products division, provides a suite of financial products and services to North American and international clients. In the United States, BMO serves customers through BMO Harris Bank, based in the United States Midwest with more than two million retail, small business and commercial customers.

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