Bank of Montreal (BMO)
NYSE: BMO · IEX Real-Time Price · USD
89.11
+1.48 (1.69%)
May 31, 2024, 4:00 PM EDT - Market closed
Bank of Montreal Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Bank of Montreal stock has a target of 131, which predicts an increase of 47.01% from the current stock price of 89.11.
Analyst Consensus: Buy
* Price targets were last updated on Aug 21, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for BMO is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $123 → $131 | Buy | Maintains | $123 → $131 | +47.01% | Aug 21, 2023 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Mar 2, 2021 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains n/a | Strong Buy | Maintains | n/a | n/a | Feb 24, 2021 |
| Credit Suisse | Credit Suisse | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Feb 24, 2021 |
| Canaccord Genuity | Canaccord Genuity | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Aug 29, 2018 |
Financial Forecast
Revenue This Year
33.02B
from 31.20B
Increased by 5.84%
Revenue Next Year
34.82B
from 33.02B
Increased by 5.43%
EPS This Year
11.33
from 5.68
Increased by 99.41%
EPS Next Year
12.42
from 11.33
Increased by 9.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 34.8B | 37.5B | 41.3B | 39.1B | 40.5B |
| Avg | 33.0B | 34.8B | 37.2B | 37.6B | 39.0B |
| Low | 31.8B | 32.9B | 34.6B | 36.5B | 37.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.4% | 13.5% | 18.7% | 5.0% | 7.7% |
| Avg | 5.8% | 5.4% | 7.0% | 1.0% | 3.6% |
| Low | 1.8% | -0.4% | -0.6% | -2.0% | 0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.39 | 13.77 | 15.17 |
| Avg | 11.33 | 12.42 | 13.67 |
| Low | 10.07 | 8.43 | 11.91 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 118.1% | 21.5% | 22.2% |
| Avg | 99.4% | 9.6% | 10.1% |
| Low | 77.4% | -25.6% | -4.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.