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Analysts Offer Insights on Financial Companies: Marex Group plc (MRX) and Bank Of Montreal (BMO)

Tipranks - Tipranks - Sat Mar 28, 2:56AM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Marex Group plc (MRX) and Bank Of Montreal (BMO).

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Marex Group plc (MRX)

In a report released today, Benjamin Budish from Barclays maintained a Buy rating on Marex Group plc, with a price target of $55.00. The company’s shares closed last Thursday at $40.55.

According to TipRanks.com, Budish is a 5-star analyst with an average return of 7.9% and a 55.0% success rate. Budish covers the Financial sector, focusing on stocks such as Virtus Investment Partners, Intercontinental Exchange, and Apollo Global Management. ;'>

Marex Group plc has an analyst consensus of Strong Buy, with a price target consensus of $55.80, implying a 39.5% upside from current levels. In a report issued on March 12, TD Cowen also maintained a Buy rating on the stock with a $61.00 price target.

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Bank Of Montreal (BMO)

In a report released today, Brian Morton from Barclays maintained a Sell rating on Bank Of Montreal, with a price target of C$199.00. The company’s shares closed last Thursday at $132.35.

According to TipRanks.com, Morton has 0 stars on 0-5 stars ranking scale with an average return of -8.3% and a 31.1% success rate. Morton covers the Financial sector, focusing on stocks such as Grupo Financiero Inbursa SAB de CV, Canadian Bank of Commerce, and National Bank of Canada. ;'>

Currently, the analyst consensus on Bank Of Montreal is a Hold with an average price target of $151.97.

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