Analysts Offer Insights on Financial Companies: Bank Of Montreal (BMO), Wells Fargo (WFC) and Raymond James Financial (RJF)

Analysts have been eager to weigh in on the Financial sector with new ratings on Bank Of Montreal (BMO – Research Report), Wells Fargo (WFC – Research Report) and Raymond James Financial (RJF – Research Report).

Confident Investing Starts Here:

• Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
• Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter

Bank Of Montreal (BMO)

According to TipRanks.com, Morton is a 1-star analyst with an average return of -5.1% and a 31.0% success rate. Morton covers the Financial sector, focusing on stocks such as Grupo Financiero Banorte SAB de CV, Canadian Bank of Commerce, and National Bank of Canada.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bank Of Montreal with a $113.00 average price target, representing a 3.9% upside. In a report issued on May 28, Jefferies also maintained a Hold rating on the stock with a C$150.00 price target.

See the top stocks recommended by analysts >>

Wells Fargo (WFC)

In a report released today, Jason Goldberg from Barclays maintained a Buy rating on Wells Fargo, with a price target of $87.00. The company’s shares closed last Friday at $76.33, close to its 52-week high of $81.50.

According to TipRanks.com, Goldberg is a 5-star analyst with an average return of 13.6% and a 64.8% success rate. Goldberg covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Bank of New York Mellon Corporation, and First Citizens BancShares.

Currently, the analyst consensus on Wells Fargo is a Moderate Buy with an average price target of $80.34, implying a 5.5% upside from current levels. In a report issued on May 29, Truist Financial also maintained a Buy rating on the stock.

Raymond James Financial (RJF)

In a report issued on June 6, Alexander Blostein from Goldman Sachs reiterated a Buy rating on Raymond James Financial. The company’s shares closed last Friday at $146.75.

According to TipRanks.com, Blostein is a top 100 analyst with an average return of 19.9% and a 74.0% success rate. Blostein covers the Financial sector, focusing on stocks such as Franklin Resources, Blackstone Group, and Ares Management.

Currently, the analyst consensus on Raymond James Financial is a Moderate Buy with an average price target of $155.17.

Read More on BMO:

Disclaimer & DisclosureReport an Issue

• Bank of Montreal price target raised to C$156 from C$150 at CIBC
• BMO Financial Group Strengthens Leadership with Key Executive Appointments
• BMO Capital Markets Reiterates ‘Buy’ Rating on Eli Lilly Stock (LLY)
• Bank of Montreal price target raised to C$160 from C$144 at National Bank
• Bank of Montreal price target raised to C$148 from C$143 at Scotiabank