Bank of Montreal (BMO)
NYSE: BMO · Real-Time Price · USD
90.04
-0.72 (-0.79%)
Nov 4, 2024, 12:38 PM EST - Market open
Bank of Montreal Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Bank of Montreal stock have an average target of 119.75, with a low estimate of 112 and a high estimate of 126. The average target predicts an increase of 32.99% from the current stock price of 90.04.
Analyst Consensus: Hold
* Price targets were last updated on Aug 28, 2024.
Analyst Ratings
The average analyst rating for BMO stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 1 | 1 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 2 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $132 → $126 | Buy | Maintains | $132 → $126 | +39.94% | Aug 28, 2024 |
| Scotiabank | Scotiabank | Buy → Hold Downgrades $123 → $112 | Buy → Hold | Downgrades | $123 → $112 | +24.39% | Aug 28, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $134 → $117 | Strong Buy → Hold | Downgrades | $134 → $117 | +29.94% | Aug 28, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades $137 → $124 | Buy → Hold | Downgrades | $137 → $124 | +37.71% | Jun 3, 2024 |
| Barclays | Barclays | Buy Maintains $123 → $131 | Buy | Maintains | $123 → $131 | +45.49% | Aug 21, 2023 |
Financial Forecast
Revenue This Year
32.72B
Revenue Next Year
34.61B
from 32.72B
Increased by 5.76%
EPS This Year
10.76
from 5.68
Increased by 89.50%
EPS Next Year
11.68
from 10.76
Increased by 8.52%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 34.2B | 36.6B | 41.3B | ||
| Avg | 32.7B | 34.6B | 37.0B | ||
| Low | 31.5B | 33.0B | 34.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 11.8% | 19.4% | ||
| Avg | - | 5.8% | 6.9% | ||
| Low | - | 0.9% | -0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.01 | 13.95 | 14.69 |
| Avg | 10.76 | 11.68 | 13.32 |
| Low | 10.11 | 7.82 | 12.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 111.5% | 29.6% | 25.8% |
| Avg | 89.5% | 8.5% | 14.0% |
| Low | 78.1% | -27.3% | 2.9% |
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.