Darko Mihelic analyst at RBC Capital reiterates coverage on Bank Of Montreal (BMO) in the Financial sector with a Buy rating. TipRanks.com has Mihelic rated as a 4.4 star analyst with a 67% return on investment and a 9.1% success rate. Mihelic has set a price target of $160.
TipRanks.com reports that Bank Of Montreal currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $118.20. The target pricing ranges from a high forecast of $125.36 down to a low forecast of $107.56. Bank Of Montreal (BMO)’s last closing price was $102.96 which would put the average price target at 14.80% upside.
In addition, TradingView issued a Sell rating for BMO over the next month, Barchart.com has a Weak buy rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on BMO.
Other analysts covering BMO include:
- Meny Grauman of Scotiabank issued a Hold rating with the price target of $162 on 17 hours ago
- Scott Chan CFA of Canaccord Genuity issued a Buy rating with the price target of $160 on 1 day ago
- Gabriel Dechaine of National Bank issued a Buy rating with the price target of $151 on 1 day ago
- Mario Mendonca of TD Securities issued a Buy rating with the price target of $160 on 4 days ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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