Bank of Montreal Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Bank of Montreal stock have an average target of 122.4, with a low estimate of 112 and a high estimate of 133. The average target predicts an increase of 26.79% from the current stock price of 96.54.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$112	$122.4	$124	$133
Change	+16.01%	+26.79%	+28.44%	+37.77%

Analyst Ratings

The average analyst rating for BMO stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	1	3	3	3	3	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	4	4	4	4	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Darko Mihelic RBC Capital	RBC Capital	Hold Reiterates $106 → $133	Hold	Reiterates	$106 → $133	+37.77%	Dec 6, 2024
Brian Morton Barclays	Barclays	Buy Maintains $132 → $126	Buy	Maintains	$132 → $126	+30.52%	Aug 28, 2024
Meny Grauman Scotiabank	Scotiabank	Buy → Hold Downgrades $123 → $112	Buy → Hold	Downgrades	$123 → $112	+16.01%	Aug 28, 2024
Ebrahim Poonawala B of A Securities	B of A Securities	Strong Buy → Hold Downgrades $134 → $117	Strong Buy → Hold	Downgrades	$134 → $117	+21.19%	Aug 28, 2024
Mike Rizvanovic Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Buy → Hold Downgrades $137 → $124	Buy → Hold	Downgrades	$137 → $124	+28.44%	Jun 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

34.58B

Revenue Next Year

36.48B

from 34.58B

5.50%

from 34.58B

EPS This Year

10.82

from 9.51

13.76%

from 9.51

EPS Next Year

12.73

from 10.82

17.69%

from 10.82

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025	Oct 31, 2026	Oct 31, 2027
Revenue	-	-	-	-	-	34.58B	36.48B	37.45B
Revenue Growth	-9.66%	21.71%	23.36%	-18.87%	7.21%	-	5.50%	2.66%
EPS	7.55	11.58	19.99	5.76	9.51	10.82	12.73	-
EPS Growth	-12.82%	53.38%	72.63%	-71.19%	65.10%	13.76%	17.69%	-
Forward PE	-	-	-	-	-	12.83	10.90	-
No. Analysts	-	-	-	-	-	18	13	2

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	36.6B	39.4B	38.9B
Avg	34.6B	36.5B	37.5B
Low	33.0B	34.3B	36.3B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-	13.8%	6.7%
Avg	-	5.5%	2.7%
Low	-	-0.9%	-0.4%

EPS Forecast

EPS	2025	2026
High	11.83	13.70
Avg	10.82	12.73
Low	7.91	11.78

EPS Growth

EPS Growth	2025	2026
High	24.4%	26.7%
Avg	13.8%	17.7%
Low	-16.8%	8.9%

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.