Analyst Ratings for Bank of Montreal (BMO)

Updated: 2017-07-28

Bank of Montreal (NYSE:BMO) was awarded an average rating of Hold from investment analysts following the stock. About 30 days ago, BMO was issued an average rating of Hold.

Of the 16 analysts covering the stock, 3 gave it a buy rating, 1 issued an overweight rating, 11 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 2 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for BMO by the analysts covering the stock. The maximum price target given was 73, implying potential capital gains of -3.45 percent. The lowest price target was 67.73, implying potential capital losses of -10.42 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.67 percent on average, compared to last month. That number becomes -1.96 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.83 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.16 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of BMO to grow at a rate of -2.49 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. BMO has a PEG ratio of -5.04.

In the last 52-weeks, BMO has achieved a high of 78.00 and a low of 62.32. Currently the stock is 21.33 percent higher than its low, and 3.06 percent below the high. BMO has a P/E ratio of 12.55. Investors typically compare the P/E ratio to a company's peers in the industry. The BMO value stock report compares BMO to some of its peers using value stock charts. The market cap of BMO is $49.9 billion. BMO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.