Other equities research analysts have also recently issued reports about the stock. Analysts at Macquarie downgraded shares of Bank of Montreal from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, February 29th. Analysts at BMO Capital Markets raised their EPS on shares of Bank of Montreal in a research note to investors on Tuesday, February 28th. They now have a “market perform” rating and a $57.00 price target on the stock.
Shares of Bank of Montreal opened at 53.72 on Thursday. Bank of Montreal has a one year low of $51.83 and a one year high of $65.79. The company has a market cap of $35.695 billion and a P/E ratio of 9.53.
Bank of Montreal last issued its quarterly earnings data on Wednesday, May 23rd. The company reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.09. The company’s revenue for the quarter was up 18.8% on a year-over-year basis. On average, analysts predict that Bank of Montreal will post $1.44 earnings per share next quarter.
Bank of Montreal (BMO) provides a range of credit and non-credit products and services directly and indirectly through Canadian and non-Canadian subsidiaries, offices and branches.