How Analysts Feel About Bank of Montreal After Today’s Huge Decline?

 How Analysts Feel About Bank of Montreal After Today's Huge Decline?

The stock of Bank of Montreal (TSE:BMO) is a huge mover today! About 218,349 shares traded hands. Bank of Montreal (TSE:BMO) has risen 8.62% since April 21, 2016 and is uptrending. It has outperformed by 3.21% the S&P500.
The move comes after 6 months negative chart setup for the $57.35B company. It was reported on Nov, 25 by Barchart.com. We have $85.51 PT which if reached, will make TSE:BMO worth $2.29B less.

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. Bank Of Montreal has been the topic of 30 analyst reports since August 20, 2015 according to StockzIntelligence Inc. The stock of Bank of Montreal (TSE:BMO) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, December 2. As per Wednesday, September 21, the company rating was maintained by Dundee Securities.

More notable recent Bank of Montreal (TSE:BMO) news were published by: Business.Financialpost.com which released: “Executive shuffle at Bank of Montreal as chief operating officer Frank Techar …” on October 28, 2016, also Fool.ca with their article: “Why Bank of Montreal Is the Forever Bank Stock to Own” published on November 22, 2016, Fool.ca published: “Bank of Montreal: Should You Own This Dividend Stock Today?” on November 14, 2016. More interesting news about Bank of Montreal (TSE:BMO) were released by: Fool.ca and their article: “Become a TFSA Millionaire With Bank of Montreal and Telus Corporation” published on November 18, 2016 as well as Businesswire.com‘s news article titled: “Fitch Affirms Bank of Montreal Ratings at ‘AA-/F1+’; Outlook Stable” with publication date: October 28, 2016.

Bank of Montreal is a financial services company. The company has a market cap of $57.35 billion. The Bank provides a range of personal and commercial banking, wealth management and investment banking services and products. It has a 13.25 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, 1995, 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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