1 week Ago By ABMN Staff
Bank of Montreal ( TSE:BMO – Free Report ) (NYSE:BMO) had its price target increased by CIBC from C$116.00 to C$120.00 in a research note published on Friday, BayStreet.
CA reports. Other analysts have also issued research reports about the company. Barclays lowered their target price on Bank of Montreal from C$140.
00 to C$132.00 and set an overweight rating for the company in a report on Thursday, May 30th. Cormark lowered their target price on Bank of Montreal from C$129.
00 to C$118.00 in a report on Wednesday, August 28th. Scotiabank lowered Bank of Montreal from an outperform rating to a sector perform rating and lowered their target price for the stock from C$123.
00 to C$112.00 in a report on Wednesday, August 28th. Jefferies Financial Group lowered their target price on Bank of Montreal from C$141.
00 to C$124.00 and set a buy rating for the company in a report on Monday, August 12th. Finally, UBS Group set a C$122.
00 target price on Bank of Montreal and gave the stock a neutral rating in a report on Tuesday, July 2nd. Eight analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.
com, Bank of Montreal presently has a consensus rating of Hold and an average price target of C$121.29. Read Our Latest Research Report on BMO Bank of Montreal Stock Down 0.
4 % Bank of Montreal Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Wednesday, October 30th will be issued a dividend of $1.55 per share.
The ex-dividend date is Wednesday, October 30th. This represents a $6.20 annualized dividend and a dividend yield of 5.
55%. Bank of Montreal’s dividend payout ratio is presently 71.35%.
About Bank of Montreal ( Get Free Report ) Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments.
The company's personal banking products and services include deposits, mortgages, home lending, consumer credit, small business lending, credit cards, cash management, financial and investment advice, and other banking services; and commercial banking products and services comprise various of financing options and treasury and payment solutions, as well as risk management products. Read More Receive News & Ratings for Bank of Montreal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Montreal and related companies with MarketBeat.com's FREE daily email newsletter .
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