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, implying a possible profit of -3.45 percent. The most pessimistic analyst gave a price target of 67.73, which equates to a potential downside of -10.42 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.67 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

BMO has an estimated earnings growth rate of -2.49 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, 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 trailing 52-weeks, BMO hit 78.00 at the highest peak, while it's lowest trading point was 62.32. Currently the stock is 21.33 percent higher than its low, and 3.06 percent below the high. BMO has a price/earnings 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 stock has a market capitalization of $49.9 billion. BMO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.