RBC Capital Sticks to Their Hold Rating for Bank Of Montreal (BMO)

RBC Capital analyst Darko Mihelic maintained a Hold rating on Bank Of Montreal on March 25 and set a price target of C$205.00. The company’s shares closed yesterday at C$189.47.

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Mihelic covers the Financial sector, focusing on stocks such as Bank Of Montreal, Bank Of Nova Scotia, and Canadian Bank of Commerce. According to TipRanks, Mihelic has an average return of 7.9% and a 61.46% success rate on recommended stocks.

Currently, the analyst consensus on Bank Of Montreal is a Hold with an average price target of C$209.70, a 10.68% upside from current levels. In a report released on March 25, TipRanks – DeepSeek also downgraded the stock to a Hold with a C$199.00 price target.

The company has a one-year high of C$204.57 and a one-year low of C$121.31. Currently, Bank Of Montreal has an average volume of 2.57M.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BMO in relation to earlier this year.