Canaccord Genuity Sticks to Its Buy Rating for Bank Of Montreal (BMO)
Canaccord Genuity analyst Matthew Lee maintained a Buy rating on Bank Of Montreal (BMO – Research Report) today and set a price target of C$166.00. The company’s shares closed last Friday at $108.29.
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According to TipRanks, Lee is a 5-star analyst with an average return of 13.0% and a 65.67% success rate. Lee covers the Industrials sector, focusing on stocks such as CAE, Air Canada, and Black Diamond.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bank Of Montreal with a $116.88 average price target, a 7.93% upside from current levels. In a report released on May 29, RBC Capital also maintained a Buy rating on the stock with a C$163.00 price target.
The company has a one-year high of $109.10 and a one-year low of $76.98. Currently, Bank Of Montreal has an average volume of 698.4K.
Read More on BMO:
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- Bank of Montreal downgraded to Equal Weight from Overweight at Barclays
- 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
