Desjardins Sticks to Their Hold Rating for Bank Of Montreal (BMO)
Desjardins analyst Douglas Young maintained a Hold rating on Bank Of Montreal today and set a price target of C$208.00.
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According to TipRanks, Young is a 5-star analyst with an average return of 14.9% and a 72.73% success rate. Young covers the Financial sector, focusing on stocks such as Bank Of Nova Scotia, Bank Of Montreal, and National Bank of Canada.
In addition to Desjardins, Bank Of Montreal also received a Hold from Barclays’s Brian Morton in a report issued today. However, on the same day, TipRanks – Anthropic reiterated a Buy rating on Bank Of Montreal (NYSE: BMO).
Based on Bank Of Montreal’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of C$19.28 billion and a net profit of C$2.29 billion. In comparison, last year the company earned a revenue of C$19.74 billion and had a net profit of C$2.3 billion
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is neutral on the stock.
Read More on BMO:
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- Bank of Montreal price target raised to C$208 from C$195 at Desjardins
- Bank of Montreal price target raised to C$208 from C$191 at Scotiabank
- Bank of Montreal price target raised to C$199 from C$196 at Barclays
- Bank of Montreal: Improving Profitability, U.S. Growth, and Capital Returns Support Buy Rating
- Bank of Montreal price target raised to C$205 from C$186 at National Bank
