Bank of Montreal (BMO)
NYSE: BMO · IEX Real-Time Price · USD
86.95
+0.20 (0.23%)
At close: Jul 19, 2024, 4:00 PM
87.00
+0.05 (0.06%)
Pre-market: Jul 22, 2024, 7:02 AM EDT
Bank of Montreal Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Bank of Montreal stock have an average target of 127.5, with a low estimate of 124 and a high estimate of 131. The average target predicts an increase of 46.64% from the current stock price of 86.95.
Analyst Consensus: Buy
* Price targets were last updated on Jun 3, 2024.
Analyst Ratings
The average analyst rating for BMO stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $137 → $124 | Buy → Hold | Downgrades | $137 → $124 | +42.61% | Jun 3, 2024 |
| Barclays | Barclays | Buy Maintains $123 → $131 | Buy | Maintains | $123 → $131 | +50.66% | Aug 21, 2023 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Mar 2, 2021 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains n/a | Strong Buy | Maintains | n/a | n/a | Feb 24, 2021 |
| Credit Suisse | Credit Suisse | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Feb 24, 2021 |
Financial Forecast
Revenue This Year
32.78B
from 31.20B
Increased by 5.08%
Revenue Next Year
34.42B
from 32.78B
Increased by 4.99%
EPS This Year
10.85
from 5.68
Increased by 90.97%
EPS Next Year
11.76
from 10.85
Increased by 8.40%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 34.6B | 36.6B | 41.3B | 38.7B | 40.1B |
| Avg | 32.8B | 34.4B | 36.9B | 37.2B | 38.5B |
| Low | 31.4B | 32.6B | 34.3B | 36.1B | 37.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.1% | 11.6% | 20.0% | 4.7% | 7.7% |
| Avg | 5.1% | 5.0% | 7.3% | 0.7% | 3.6% |
| Low | 0.7% | -0.5% | -0.5% | -2.3% | 0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.87 | 12.94 | 14.69 |
| Avg | 10.85 | 11.76 | 13.45 |
| Low | 10.13 | 7.82 | 12.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 108.9% | 19.3% | 24.9% |
| Avg | 91.0% | 8.4% | 14.4% |
| Low | 78.4% | -27.9% | 2.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.