Is Bank of Montreal a Buy? The Stock Rises Again

 Is Bank of Montreal a Buy? The Stock Rises Again

The stock of Bank of Montreal (TSE:BMO) is a huge mover today! About 215,116 shares traded hands. Bank of Montreal (TSE:BMO) has risen 10.18% since March 22, 2016 and is uptrending. It has outperformed by 5.10% the S&P500.
The move comes after 9 months positive chart setup for the $56.30 billion company. It was reported on Oct, 27 by Barchart.com. We have $103.94 PT which if reached, will make TSE:BMO worth $11.26 billion more.

Bank of Montreal (TSE:BMO) Ratings Coverage

Out of 10 analysts covering Bank Of Montreal (TSE:BMO), 1 rate it a “Buy”, 1 “Sell”, while 8 “Hold”. This means 10% are positive. $91 is the highest target while $60 is the lowest. The $86.15 average target is -0.54% below today’s ($86.62) stock price. Bank Of Montreal has been the topic of 29 analyst reports since August 20, 2015 according to StockzIntelligence Inc. The rating was maintained by RBC Capital Markets on Wednesday, December 2 with “Sector Perform”. The firm has “Neutral” rating by Dundee Securities given on Wednesday, September 21.

More notable recent Bank of Montreal (TSE:BMO) news were published by: Seekingalpha.com which released: “Does Bank Of Montreal Stack Up?” on October 24, 2016, also Forbes.com with their article: “Relative Strength Alert For Bank of Montreal (BMO)” published on October 07, 2016, Fool.ca published: “Invest in Bank of Montreal for Long-Term Growth” on October 21, 2016. More interesting news about Bank of Montreal (TSE:BMO) were released by: Marketwired.com and their article: “Bank of Montreal Completes $600 Million Preferred Share Issue” published on October 21, 2016 as well as Marketwired.com‘s news article titled: “Bank of Montreal Announces Preferred Share Issue” with publication date: October 13, 2016.

Bank of Montreal is a financial services company. The company has a market cap of $56.30 billion. The Bank provides a range of personal and commercial banking, wealth management and investment banking services and products. It has a 12.88 P/E ratio. The Bank’s operating groups include Personal and Commercial Banking, Wealth Management, BMO Capital Markets (BMO CM) and Corporate Services, including Technology and Operations.

BMO.TO Company Profile

Bank of Montreal (BMO), incorporated on March 15, 1817, is a financial services company. The Bank provides a range of personal and commercial banking, wealth management and investment banking services and products. The Bank’s operating groups include Personal and Commercial Banking, Wealth Management, BMO Capital Markets (BMO CM) and Corporate Services, including Technology and Operations. The Bank operates primarily in Canada and the United States. It also has activities in the United Kingdom, Europe, the Caribbean and Asia.

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