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Bank Of Montreal (BMO) Receives a Hold from Bank of America Securities

Tipranks - Tipranks - Fri Feb 20, 4:53AM CST

In a report released yesterday, Ebrahim Poonawala from Bank of America Securities reiterated a Hold rating on Bank Of Montreal, with a price target of C$203.00. The company’s shares closed yesterday at C$195.15.

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According to TipRanks, Poonawala is a top 100 analyst with an average return of 19.0% and a 76.02% success rate. Poonawala covers the Financial sector, focusing on stocks such as Goldman Sachs Group, US Bancorp, and Citigroup.

In addition to Bank of America Securities, Bank Of Montreal also received a Hold from Barclays’s Brian Morton in a report issued yesterday. However, on February 13, CIBC maintained a Buy rating on Bank Of Montreal (NYSE: BMO).

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The company has a one-year high of C$198.68 and a one-year low of C$121.31. Currently, Bank Of Montreal has an average volume of 2.58M.

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is neutral on the stock.

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