Bank of Montreal (BMO) Stock Forecast, Price Target & Predictions
BMO Stock Forecast
Bank of Montreal stock forecast is as follows: an average price target of $120.95 (represents a 24.63% upside from BMO’s last price of $97.05) and a rating consensus of 'Hold', based on 13 wall street analysts offering a 1-year stock forecast.
BMO Price Target
The average price target for Bank of Montreal (BMO) is $120.95 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $120.95 to $120.95. This represents a potential 24.63% upside from BMO's last price of $97.05.
BMO Analyst Ratings
According to 13 Wall Street analysts, Bank of Montreal's rating consensus is 'Hold'. The analyst rating breakdown for BMO stock is 0 'Strong Buy' (0.00%), 5 'Buy' (38.46%), 8 'Hold' (61.54%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Bank of Montreal Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 25, 2021 | Ebrahim Poonawala | Bank of America Securities | $120.95 | $102.00 | 18.58% | 24.63% |
The latest Bank of Montreal stock forecast, released on Aug 25, 2021 by Ebrahim Poonawala from Bank of America Securities, set a price target of $120.95, which represents a 18.58% increase from the stock price at the time of the forecast ($102.00), and a 24.63% increase from BMO last price ($97.05).
Bank of Montreal Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $97.05 | $97.05 | $97.05 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Bank of Montreal stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Bank of Montreal's last price of $97.05. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 13, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Dec 11, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Dec 11, 2024 | BMO Capital | Market Perform | Outperform | Initialise |
| Dec 09, 2024 | BMO Capital | Market Perform | Downgrade | |
| Sep 06, 2024 | CIBC | Neutral | Neutral | Hold |
| Aug 28, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Aug 28, 2024 | Scotiabank | Outperform | Sector Perform | Downgrade |
| Aug 27, 2024 | TD Securities | Buy | Hold | Downgrade |
| Aug 27, 2024 | Jefferies | Hold | Downgrade | |
| Aug 19, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Jul 30, 2024 | RBC Capital | Sector Perform | Downgrade | |
| Jul 02, 2024 | UBS | Neutral | Initialise | |
| May 29, 2024 | Desjardins | Buy | Hold | Downgrade |
| May 17, 2024 | National Bank | Outperform | Outperform | Hold |
| Dec 18, 2023 | Bank of America Securities | Buy | Upgrade | |
| Dec 19, 2022 | Scotiabank | Outperform | Outperform | Hold |
| Dec 19, 2022 | TD Securities | Buy | Buy | Hold |
| Sep 01, 2022 | Desjardins | Buy | Buy | Hold |
| Aug 30, 2022 | CFRA | Buy | Upgrade | |
| May 26, 2022 | Credit Suisse | Outperform | Outperform | Hold |
| Apr 26, 2022 | Zacks Investment Research | Hold | Downgrade |
Bank of Montreal's last stock rating was published by BMO Capital on Dec 13, 2024. The company gave BMO a "Outperform" rating, the same as its previous rate.
Bank of Montreal Financial Forecast
Bank of Montreal Revenue Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.00M | $520.00M | $6.95B | - | $7.12B | - | $7.50B | - | $6.92B | $5.94B | $7.14B | - | $6.72B | $6.05B | $6.63B |
| Avg Forecast | $9.12B | $9.01B | $8.76B | $8.81B | $8.59B | $8.51B | $8.22B | $8.26B | $8.36B | $8.29B | $8.01B | $8.36B | $8.17B | $8.12B | $8.10B | $7.28B | $6.89B | $6.83B | $6.64B | $6.61B | $6.56B | $6.26B | $6.18B | $6.02B | $5.86B | $6.11B | $5.99B | $5.89B | $5.97B | $5.98B |
| High Forecast | $9.19B | $9.08B | $8.82B | $8.88B | $8.65B | $8.57B | $8.28B | $8.32B | $8.42B | $8.36B | $8.07B | $8.42B | $8.23B | $8.18B | $8.16B | $7.33B | $6.89B | $6.83B | $6.64B | $6.61B | $6.56B | $6.26B | $6.18B | $6.02B | $5.86B | $6.11B | $5.99B | $5.89B | $5.97B | $5.98B |
| Low Forecast | $9.08B | $8.98B | $8.72B | $8.78B | $8.55B | $8.47B | $8.19B | $8.22B | $8.33B | $8.26B | $7.97B | $8.32B | $8.14B | $8.09B | $8.07B | $7.25B | $6.88B | $6.83B | $6.64B | $6.61B | $6.56B | $6.26B | $6.18B | $6.02B | $5.86B | $6.11B | $5.99B | $5.89B | $5.97B | $5.98B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 5 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | 0.08% | 1.02% | - | 1.08% | - | 1.20% | - | 1.15% | 1.01% | 1.17% | - | 1.14% | 1.01% | 1.11% |
Bank of Montreal's average Quarter revenue forecast for May 23 based on 1 analysts is $8.10B, with a low forecast of $8.07B, and a high forecast of $8.16B. BMO's average Quarter revenue forecast represents a 134974.20% increase compared to the company's last Quarter revenue of $6.00M (Jan 23).
Bank of Montreal EBITDA Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 5 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.36B | $11.65B | $4.88B | - | $5.43B | - | $4.69B | - | $4.44B | $3.98B | $3.82B | - | $5.49B | $5.09B | $5.71B |
| Avg Forecast | - | - | - | - | - | - | - | - | - | - | $5.30B | - | - | - | $4.82B | $4.73B | $3.19B | $3.17B | $4.38B | $3.07B | $3.04B | $2.90B | $2.85B | $2.79B | $2.72B | $2.84B | $5.40B | $2.73B | $2.77B | $2.77B |
| High Forecast | - | - | - | - | - | - | - | - | - | - | $6.36B | - | - | - | $5.78B | $5.67B | $3.20B | $3.17B | $5.25B | $3.07B | $3.04B | $2.90B | $3.42B | $2.79B | $2.72B | $2.84B | $6.48B | $2.73B | $2.77B | $2.77B |
| Low Forecast | - | - | - | - | - | - | - | - | - | - | $4.24B | - | - | - | $3.85B | $3.78B | $3.19B | $3.17B | $3.50B | $3.07B | $3.04B | $2.90B | $2.28B | $2.79B | $2.72B | $2.84B | $4.32B | $2.73B | $2.77B | $2.77B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.77% | 3.65% | 1.54% | - | 1.77% | - | 1.61% | - | 1.59% | 1.46% | 1.35% | - | 2.01% | 1.84% | 2.06% |
1 analysts predict BMO's average Quarter EBITDA for May 23 to be $4.82B, with a high of $5.78B and a low of $3.85B. This is -42.36% lower than Bank of Montreal's previous annual EBITDA (Jan 23) of $8.36B.
Bank of Montreal Net Income Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 5 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $247.00M | $4.48B | $1.36B | - | $2.93B | - | $2.27B | - | $2.02B | $1.58B | $1.23B | - | $1.59B | $1.19B | $1.56B |
| Avg Forecast | $2.32B | $2.39B | $2.16B | $2.25B | $2.07B | $2.09B | $1.79B | $1.72B | $1.74B | $2.02B | $2.86B | $2.20B | $2.06B | $2.29B | $2.60B | $2.30B | $2.23B | $2.29B | $2.37B | $2.39B | $2.34B | $2.14B | $1.29B | $1.57B | $1.39B | $1.26B | $1.57B | $1.73B | $1.76B | $1.82B |
| High Forecast | $2.35B | $2.41B | $2.18B | $2.27B | $2.10B | $2.11B | $1.81B | $1.81B | $1.80B | $2.05B | $3.44B | $2.28B | $2.15B | $2.31B | $3.12B | $2.76B | $2.24B | $2.29B | $2.84B | $2.39B | $2.34B | $2.14B | $1.55B | $1.57B | $1.39B | $1.26B | $1.88B | $1.73B | $1.76B | $1.82B |
| Low Forecast | $2.31B | $2.37B | $2.15B | $2.23B | $2.06B | $2.08B | $1.78B | $1.60B | $1.67B | $1.99B | $2.29B | $2.11B | $1.98B | $2.27B | $2.08B | $1.84B | $2.23B | $2.29B | $1.89B | $2.39B | $2.34B | $2.14B | $1.04B | $1.57B | $1.39B | $1.26B | $1.25B | $1.73B | $1.76B | $1.82B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.11% | 2.01% | 0.60% | - | 1.23% | - | 1.06% | - | 1.28% | 1.14% | 0.98% | - | 0.92% | 0.68% | 0.85% |
Bank of Montreal's average Quarter net income forecast for May 23 is $2.60B, with a range of $2.08B to $3.12B. BMO's average Quarter net income forecast represents a 953.77% increase compared to the company's last Quarter net income of $247.00M (Jan 23).
Bank of Montreal SG&A Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 5 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.90B | $2.07B | $2.68B | - | $2.49B | - | $3.09B | - | $2.72B | $1.95B | $3.15B | - | $2.84B | $2.72B | $2.85B |
| Avg Forecast | $3.83B | $3.79B | $3.68B | $3.70B | $3.61B | $3.57B | $3.45B | $3.47B | $3.51B | $3.49B | $2.43B | $3.51B | $3.43B | $3.41B | $2.21B | $2.30B | $2.70B | $2.68B | $2.01B | $2.59B | $2.57B | $2.46B | $1.75B | $2.36B | $2.30B | $2.40B | $2.80B | $2.31B | $2.34B | $2.34B |
| High Forecast | $3.86B | $3.82B | $3.71B | $3.73B | $3.63B | $3.60B | $3.48B | $3.50B | $3.54B | $3.51B | $2.91B | $3.54B | $3.46B | $3.44B | $2.65B | $2.76B | $2.70B | $2.68B | $2.41B | $2.59B | $2.57B | $2.46B | $2.09B | $2.36B | $2.30B | $2.40B | $3.36B | $2.31B | $2.34B | $2.34B |
| Low Forecast | $3.82B | $3.77B | $3.67B | $3.69B | $3.59B | $3.56B | $3.44B | $3.46B | $3.50B | $3.47B | $1.94B | $3.50B | $3.42B | $3.40B | $1.76B | $1.84B | $2.70B | $2.68B | $1.60B | $2.59B | $2.57B | $2.46B | $1.40B | $2.36B | $2.30B | $2.40B | $2.24B | $2.31B | $2.34B | $2.34B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.70% | 0.76% | 1.00% | - | 0.96% | - | 1.26% | - | 1.15% | 0.85% | 1.32% | - | 1.23% | 1.16% | 1.21% |
Bank of Montreal's average Quarter SG&A projection for May 23 is $2.21B, based on 1 Wall Street analysts, with a range of $1.76B to $2.65B. The forecast indicates a -43.42% fall compared to BMO last annual SG&A of $3.90B (Jan 23).
Bank of Montreal EPS Forecast
| Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 5 | 5 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.30 | $6.52 | $1.96 | - | $4.52 | - | $3.42 | - | $3.03 | $2.37 | $1.81 | - | $2.38 | $1.79 | $2.34 |
| Avg Forecast | $3.19 | $3.27 | $2.96 | $3.08 | $2.85 | $2.87 | $2.46 | $2.36 | $2.38 | $2.77 | $2.75 | $3.02 | $2.83 | $3.14 | $3.21 | $3.17 | $3.06 | $3.14 | $3.21 | $3.28 | $3.20 | $2.93 | $2.75 | $2.15 | $1.90 | $1.73 | $1.23 | $2.37 | $2.41 | $2.50 |
| High Forecast | $3.22 | $3.31 | $2.99 | $3.11 | $2.88 | $2.90 | $2.48 | $2.49 | $2.46 | $2.81 | $2.76 | $3.14 | $2.95 | $3.17 | $3.24 | $3.20 | $3.07 | $3.14 | $3.21 | $3.28 | $3.20 | $2.93 | $2.75 | $2.15 | $1.90 | $1.73 | $1.23 | $2.37 | $2.41 | $2.50 |
| Low Forecast | $3.17 | $3.26 | $2.95 | $3.07 | $2.83 | $2.86 | $2.44 | $2.19 | $2.29 | $2.73 | $2.73 | $2.90 | $2.72 | $3.12 | $3.19 | $3.15 | $3.06 | $3.14 | $3.21 | $3.28 | $3.20 | $2.93 | $2.75 | $2.15 | $1.90 | $1.73 | $1.23 | $2.37 | $2.41 | $2.50 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.09% | 2.13% | 0.62% | - | 1.38% | - | 1.17% | - | 1.41% | 1.25% | 1.05% | - | 1.00% | 0.74% | 0.94% |
According to 1 Wall Street analysts, Bank of Montreal's projected average Quarter EPS for May 23 is $3.21, with a low estimate of $3.19 and a high estimate of $3.24. This represents a 970.43% increase compared to BMO previous annual EPS of $0.30 (Jan 23).
Bank of Montreal Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CM | Canadian Imperial Bank of Commerce | $62.89 | $106.62 | 69.53% | Buy |
| TD | Toronto-Dominion Bank | $53.00 | $89.52 | 68.91% | Buy |
| RY | Royal Bank of Canada | $120.88 | $193.00 | 59.66% | Buy |
| BNS | Bank of Nova Scotia | $53.76 | $71.00 | 32.07% | Hold |
| BMO | Bank of Montreal | $97.05 | $120.95 | 24.63% | Hold |
| BAC | Bank of America | $44.34 | $55.00 | 24.04% | Buy |
| C | Citigroup | $71.00 | $76.00 | 7.04% | Buy |
| WFC | Wells Fargo | $71.11 | $67.15 | -5.57% | Buy |
| JPM | JPMorgan Chase | $241.17 | $225.42 | -6.53% | Buy |