Bank of Montreal (TSE:BMO) Stock Gets Price Target Reduction from TD

Bank of Montreal (TSE:BMO) (NYSE:BMO) had its target price cut by TD from C$263.00 to C$261.00 in a research report released on Thursday,BayStreet reports. They currently have a buy rating on the bank’s stock.

Other equities analysts have also recently issued research reports about the stock. Scotia increased their price objective on shares of Bank of Montreal from C$268.00 to C$270.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, August 26th. Keefe, Bruyette & Woods set a C$295.00 target price on Bank of Montreal and gave the company a “moderate buy” rating in a research report on Friday, August 21st. Jefferies Financial Group upped their price target on Bank of Montreal from C$213.00 to C$225.00 and gave the stock a “hold” rating in a research note on Thursday, August 13th. Bank of America raised their price target on Bank of Montreal from C$259.00 to C$262.00 in a research report on Wednesday, August 26th. Finally, Barclays raised their price target on Bank of Montreal from C$203.00 to C$240.00 in a research report on Friday, August 21st. Seven research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of C$256.43.

Bank of Montreal Price Performance

Shares of BMO stock opened at C$247.02 on Thursday. The firm has a market cap of C$171.70 billion, a PE ratio of 20.13, a price-to-earnings-growth ratio of 0.71 and a beta of 1.05. The company has a 50-day moving average of C$240.17 and a two-hundred day moving average of C$225.08. Bank of Montreal has a 1-year low of C$168.92 and a 1-year high of C$259.20.

Bank of Montreal (TSE:BMO) (NYSE:BMO) last announced its quarterly earnings results on Tuesday, August 25th. The bank reported C$3.96 earnings per share for the quarter. The business had revenue of C$9.96 billion during the quarter. Bank of Montreal had a net margin of 11.75% and a return on equity of 10.58%. Sell-side analysts anticipate that Bank of Montreal will post 9.65 EPS for the current fiscal year.

Bank of Montreal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 26th. Stockholders of record on Thursday, November 26th will be paid a C$1.71 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $6.84 annualized dividend and a dividend yield of 2.8%. Bank of Montreal’s dividend payout ratio (DPR) is presently 54.44%.

Insider Activity at Bank of Montreal

In other Bank of Montreal news, insider Mona Elizabeth Malone sold 7,000 shares of the stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of C$242.51, for a total transaction of C$1,697,570.00. Following the sale, the insider directly owned 1,758 shares in the company, valued at C$426,332.58. This represents a 79.93% decrease in their position. Also, insider Deland Kamanga sold 9,064 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of C$237.65, for a total transaction of C$2,154,059.60. Over the last quarter, insiders sold 47,999 shares of company stock worth $11,410,325. Corporate insiders own 0.03% of the company’s stock.

About Bank of Montreal

BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of July 31, 2026. Serving clients for more than 200 years, BMO provides a broad range of personal and commercial banking, wealth management, global markets, and investment banking products and services across Canada, the United States, and select markets globally. BMO is innovating for business value, by deploying and integrating human, digital and artificial intelligence to personalize client experiences, augment teams, and automate its business responsibly.