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 19.86% upside from BMO’s last price of $100.91) 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 19.86% upside from BMO's last price of $100.91.
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%), 6 'Buy' (46.15%), 7 'Hold' (53.85%), 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% | 19.86% |
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 19.86% increase from BMO last price ($100.91).
Bank of Montreal Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $100.91 | $100.91 | $100.91 |
| 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 $100.91. 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 |
|---|---|---|---|---|
| Jan 08, 2025 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 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 RBC Capital on Jan 08, 2025. The company Upgrade its BMO rating from "Sector Perform" to "Outperform".
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 | $9.36B | $9.25B | $8.97B | $9.05B | $8.90B | $8.80B | $8.48B | $8.55B | $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 | $9.53B | $9.42B | $9.13B | $9.22B | $9.06B | $8.96B | $8.64B | $8.70B | $8.51B | $8.45B | $8.15B | $8.51B | $8.32B | $8.27B | $8.25B | $7.41B | $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 | $9.14B | $9.04B | $8.76B | $8.84B | $8.69B | $8.59B | $8.29B | $8.35B | $8.17B | $8.10B | $7.82B | $8.17B | $7.98B | $7.93B | $7.92B | $7.11B | $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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 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 $7.92B, and a high forecast of $8.25B. 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 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 | - | $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 | - | $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 | - | $3.19B | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 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 | $2.42B | $2.48B | $2.25B | $2.32B | $2.15B | $2.16B | $1.85B | $1.78B | $1.74B | $2.02B | $2.86B | $2.20B | $2.06B | $2.29B | $2.60B | $2.31B | $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 | $2.48B | $2.54B | $2.30B | $2.37B | $2.20B | $2.21B | $1.90B | $1.88B | $1.80B | $2.05B | $3.44B | $2.21B | $2.15B | $2.34B | $3.12B | $2.36B | $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 | $2.35B | $2.40B | $2.18B | $2.25B | $2.09B | $2.10B | $1.80B | $1.66B | $1.67B | $1.99B | $2.29B | $2.19B | $1.98B | $2.22B | $2.08B | $2.24B | $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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 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 | $3.93B | $3.89B | $3.77B | $3.80B | $3.74B | $3.70B | $3.56B | $3.59B | $3.51B | $3.49B | $2.43B | $3.51B | $3.43B | $3.41B | $2.21B | $3.06B | $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 | $4.00B | $3.96B | $3.84B | $3.87B | $3.81B | $3.76B | $3.63B | $3.66B | $3.58B | $3.55B | $2.91B | $3.58B | $3.50B | $3.47B | $2.65B | $3.11B | $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 | $3.84B | $3.80B | $3.68B | $3.72B | $3.65B | $3.61B | $3.48B | $3.51B | $3.43B | $3.40B | $1.94B | $3.43B | $3.35B | $3.33B | $1.76B | $2.99B | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.27% | 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 3 | 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 | $3.32 | $3.40 | $3.08 | $3.18 | $2.95 | $2.97 | $2.54 | $2.45 | $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 | $3.40 | $3.48 | $3.15 | $3.26 | $3.02 | $3.04 | $2.60 | $2.58 | $2.46 | $2.81 | $2.76 | $3.03 | $2.95 | $3.21 | $3.29 | $3.24 | $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 | $3.22 | $3.30 | $2.99 | $3.09 | $2.86 | $2.88 | $2.47 | $2.27 | $2.29 | $2.73 | $2.73 | $3.01 | $2.72 | $3.04 | $3.12 | $3.07 | $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 $3.12 and a high estimate of $3.29. 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 | $64.23 | $106.62 | 66.00% | Buy |
| RY | Royal Bank of Canada | $122.04 | $193.00 | 58.14% | Buy |
| TD | Toronto-Dominion Bank | $57.41 | $89.52 | 55.93% | Buy |
| BNS | Bank of Nova Scotia | $51.93 | $73.00 | 40.57% | Hold |
| BMO | Bank of Montreal | $100.91 | $120.95 | 19.86% | Hold |
| BAC | Bank of America | $46.75 | $47.00 | 0.53% | Buy |
| C | Citigroup | $80.63 | $76.00 | -5.74% | Buy |
| WFC | Wells Fargo | $78.37 | $69.58 | -11.22% | Buy |
| JPM | JPMorgan Chase | $266.58 | $229.88 | -13.77% | Buy |