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.

Many analysts weighed in on price targets for BMO. The highest price target was 73, which equates to a potential upside of -3.45 percent. The minimum price target given was 67.73, which equates to a potential downside of -10.42 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.67 percent. The average change in earnings estimates over the last 90 days is -1.96 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.83 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.16 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, 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.

The growth rate of BMO's earnings is estimated by analysts to be -2.49 percent. It's possible to gain additional insight about growth valuation of a company by looking at 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. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. Today's price is 21.33 percent above the 52-week low, and 3.06 percent lower than its 52-week 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.