Bank of Montreal (BMO) Stock Forecast & Predictions

Bank of Montreal BMO: $91.78

1 First Canadian Place, Toronto, Ontario, Canada. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.bmo.com/

  • Market Cap$59.39B
  • Change (52 Weeks)94.10%
  • Low (52 Weeks)$41.63
  • Bank of Montreal (BMO) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Bank of Montreal (BMO) stock price is $91.78 and the 52 weeks low is $41.63, which means the Bank of Montreal stock price is up 94.10% in the last 12 months.

    Bank of Montreal (BMO) Stock Price has been Trending Strongly with an ADX reading of 41.97 as per the Weekly Chart.

    A Upward trend indicates that Bank of Montreal (BMO) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that BMO Stock price might rise further, 18.75% indicating that BMO Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall BMO stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Bank of Montreal (BMO) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Bank of Montreal (BMO) is based on 17 Institutional Analyst Ratings where 47.06% are on Strong Buy, 23.53% on Moderate Buy, 23.53% remains on Hold, 0.00% are on Moderate Sell and 5.88% are on Strong Sell.

    Out of 17 Institutional Analysts, majority recommended BMO stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Bank of Montreal.

    Bank of Montreal (BMO) Stock Price Prediction By Analysts


    HighLowAverage
    $138.65$114.13$124.20
    $124.2035.32% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for BMO set by the institutional analysts is $124.20 where High Estimate is $138.65, Median $123.42 and Low $114.13.

    The average price target for BMO by Institutional Analysts is $124.20, which is 35.32% Upside from the current price. So according to the Institutional Analysts, BMO Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Bank of Montreal (BMO) Stock Forecast Based on News Sentiment


    Bullish
    Based on 2 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about BMO, it shows that Bank of Montreal had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that BMO stock price may surge in the next few weeks.

    Bank of Montreal (BMO) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    CIBC World MarketsOutperformInitiated
    National Bank FinancialOutperformUpgraded
    Credit SuisseOutperformUpgraded
    CIBC World MarketsUpgraded
    Cormark SecuritiesUpgraded
    Canaccord GenuityUpgraded
    TD SecuritiesBuyUpgraded
    SbankUpgraded
    RBC CapitalSector PerformUpgraded
    National Bank FinancialSector PerformUpgraded
    Credit SuisseOutperformUpgraded
    CIBC World MarketsUpgraded
    Canaccord GenuityUpgraded
    SbankUpgraded
    Canaccord GenuitySector PerformUpgraded
    SbankSector PerformDowngraded
    National Bank FinancialSector PerformUpgraded
    SbankUpgraded
    National Bank FinancialSector PerformUpgraded
    Credit SuisseUpgraded
    CIBC World MarketsUpgraded
    Canaccord GenuityUpgraded
    Canaccord GenuityUpgraded
    CIBC World MarketsOutperformUpgraded
    National Bank FinancialSector PerformUpgraded
    Fundamental ResearchBuyInitiated
    Credit SuisseUpgraded
    RBC CapitalSector PerformUpgraded
    National Bank FinancialSector PerformUpgraded
    Canaccord GenuityUpgraded
    TD SecuritiesBuyDowngraded
    SbankUpgraded
    RBC CapitalSector PerformDowngraded
    National Bank FinancialSector PerformDowngraded
    Eight CapitalDowngraded
    Credit SuisseUpgraded
    Cormark SecuritiesUpgraded
    SbankDowngraded
    Credit SuisseDowngraded
    Canaccord GenuityDowngraded
    National Bank FinancialOutperformUpgraded
    B of A SecuritiesUnderperformMaintained
    BarclaysEqual-WeightMaintained
    CitigroupDowngraded
    National Bank FinancialOutperformDowngraded
    TD SecuritiesAction List BuyUpgraded
    Credit SuisseDowngraded
    RBC CapitalSector PerformDowngraded
    National Bank FinancialOutperformDowngraded
    Credit SuisseDowngraded
    B of A SecuritiesUnderperformMaintained
    SbankUpgraded
    RBC CapitalOutperformDowngraded
    National Bank FinancialOutperformUpgraded
    SbankUpgraded
    Desjardins SecuritiesHoldInitiated
    CitigroupDowngraded
    Credit SuisseNeutralUpgraded
    Eight CapitalDowngraded
    TD SecuritiesHoldDowngraded
    RBC CapitalOutperformDowngraded
    National Bank FinancialOutperformDowngraded
    CIBC World MarketsDowngraded
    Eight CapitalDowngraded
    CitigroupDowngraded
    BarclaysUpgraded
    RBC CapitalOutperformUpgraded
    National Bank FinancialUpgraded
    Desjardins SecuritiesUpgraded
    Bank of AmericaUnderperformDowngraded
    Desjardins SecuritiesDowngraded
    Cormark SecuritiesMarket PerformDowngraded
    TD SecuritiesHoldDowngraded
    National Bank FinancialOutperformDowngraded
    Eight CapitalNeutralDowngraded
    BarclaysDowngraded
    Canaccord GenuityDowngraded
    BarclaysDowngraded
    RBC CapitalOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    Eight CapitalUpgraded
    CIBC World MarketsUpgraded
    Canaccord GenuityBuyUpgraded
    RBC CapitalOutperformUpgraded
    CIBC World MarketsDowngraded
    CitigroupUpgraded
    RBC CapitalSector PerformUpgraded
    National Bank FinancialOutperformUpgraded
    Eight CapitalUpgraded
    Cormark SecuritiesUpgraded
    Canaccord GenuityUpgraded
    BarclaysUpgraded
    Eight CapitalUpgraded
    TD SecuritiesBuyDowngraded
    RBC CapitalSector PerformUpgraded
    BarclaysDowngraded
    Macquarie ResearchOutperformUpgraded
    MacquarieOutperformUpgraded
    RBC CapitalUpgraded
    Credit SuisseUpgraded
    National Bank FinancialSector PerformUpgraded
    CitigroupUpgraded
    SbankOutperformUpgraded
    RBC CapitalSector PerformUpgraded
    National Bank FinancialSector PerformUpgraded
    Eight CapitalUpgraded
    Credit SuisseUpgraded
    Canaccord GenuityUpgraded
    BarclaysUpgraded
    CIBC World MarketsUpgraded
    Canaccord GenuityDowngraded
    SbankOutperformDowngraded
    CIBC World MarketsDowngraded
    Canaccord GenuityHoldUpgraded
    BarclaysUpgraded
    TD SecuritiesBuyMaintained
    SbankOutperformMaintained
    RBC CapitalSector PerformMaintained
    CIBC World MarketsMaintained
    BarclaysEqual-WeightUpgraded
    CitigroupBuyUpgraded
    CIBC World MarketsMaintained
    TD SecuritiesHoldMaintained
    SbankOutperformMaintained
    RBC CapitalSector PerformMaintained
    National Bank FinancialMaintained
    Desjardins SecuritiesHoldMaintained
    CIBC World MarketsMaintained
    KBWMaintained
    BarclaysMaintained
    RBC CapitalMaintained
    Credit SuisseMaintained
    Canaccord GenuityMaintained
    Dundee SecuritiesMaintained
    Desjardins SecuritiesMaintained
    KBWMaintained
    TD SecuritiesMaintained
    TD SecuritiesHoldMaintained
    SbankSector PerformMaintained
    RBC CapitalSector PerformMaintained
    Dundee SecuritiesNeutralMaintained
    Desjardins SecuritiesMaintained
    CIBC World MarketsMaintained
    Canaccord GenuityBuyUpgraded
    BMO Capital MarketsMaintained
    BarclaysMaintained
    Bank of AmericaMaintained
    Credit SuisseNeutralUpgraded
    Canaccord GenuityMaintained
    Desjardins SecuritiesMaintained
    SbankSector PerformMaintained
    Dundee SecuritiesNeutralMaintained
    Credit SuisseUnderperformDowngraded
    Credit SuisseUnderperformDowngraded
    Dundee SecuritiesNeutralMaintained
    DundeeNeutralInitiated
    CitigroupMaintained
    CIBC World MarketsMaintained
    TD SecuritiesHoldMaintained
    SbankSector PerformMaintained
    RBC CapitalSector PerformMaintained
    National Bank FinancialSector PerformMaintained
    KBWMaintained
    Desjardins SecuritiesHoldMaintained
    CIBC World MarketsMaintained
    BarclaysUnderweightMaintained
    BarclaysUnderweightMaintained
    KBWMaintained
    Desjardins SecuritiesHoldMaintained
    RaffertyBuyUpgraded
    TD SecuritiesHoldMaintained
    ScotiabankSector PerformDowngraded
    SbankSector PerformMaintained
    KBWMaintained
    CIBC World MarketsMaintained
    Canaccord GenuityHoldDowngraded
    BarclaysMaintained
    CIBC World MarketsMaintained
    BarclaysMaintained
    Credit SuisseMaintained
    Canaccord GenuityMaintained
    Credit SuisseNeutralDowngraded
    Bank of AmericaNeutralMaintained
    KBWMaintained
    BarclaysMaintained
    National Bank FinancialMaintained
    CIBC World MarketsMaintained
    Credit SuisseMaintained
    TD SecuritiesBuyUpgraded
    SbankOutperformMaintained
    RBC CapitalSector PerformMaintained
    KBWAt Market PerformMaintained
    CIBC World MarketsBuyMaintained
    SbankSector PerformMaintained
    RBC CapitalSector PerformMaintained
    National Bank FinancialSector PerformMaintained
    Canaccord GenuityBuyMaintained
    SbankMaintained
    RBC CapitalSector PerformMaintained
    CitigroupNeutralMaintained
    TD SecuritiesBuyMaintained
    SbankMaintained
    CitigroupNeutralMaintained
    National Bank FinancialMaintained
    CIBC World MarketsSector PerformMaintained
    Canaccord GenuityBuyMaintained
    CitigroupNeutralDowngraded
    Canaccord GenuityBuyUpgraded
    SbankMaintained
    TD SecuritiesBuyUpgraded
    RBC CapitalSector PerformMaintained
    National Bank FinancialSector PerformMaintained
    Credit SuisseNeutralMaintained
    TD SecuritiesBuyUpgraded
    Canaccord GenuityHoldMaintained
    SbankMaintained
    KBWAt Market PerformMaintained
    BarclaysEqual WeightMaintained
    CIBC World MarketsSector PerformMaintained
    TD SecuritiesHoldMaintained
    SbankMaintained
    RBC CapitalMaintained
    Desjardins SecuritiesHoldMaintained
    TD SecuritiesHoldMaintained
    National Bank FinancialMaintained
    CIBC World MarketsSector PerformMaintained
    Canaccord GenuityHoldMaintained
    BMO Capital MarketsAt Market PerformMaintained
    KBWAt Market PerformMaintained
    Canaccord GenuityHoldInitiated
    Credit SuisseOutperformMaintained
    TD SecuritiesBuyUpgraded
    SbankSector PerformMaintained
    National Bank FinancialSector PerformMaintained
    KBWMaintained
    KBWAt Market PerformMaintained
    CIBC World MarketsSector PerformMaintained
    TD SecuritiesHoldMaintained
    RBC CapitalSector PerformMaintained
    CIBC World MarketsSector UnderperformMaintained
    BarclaysUnderweightMaintained
    National Bank FinancialMaintained
    TD SecuritiesHoldInitiated
    SbankMaintained
    Credit SuisseMaintained
    RBC CapitalSector PerformMaintained
    National Bank FinancialSector PerformMaintained
    KBWAt Market PerformMaintained
    CIBC World MarketsMaintained
    BMO Capital MarketsAt Market PerformMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysUnderweightMaintained
    CIBC World MarketsSector UnderperformMaintained
    BarclaysUnderweightMaintained
    BarclaysUnderweightMaintained
    BarclaysMaintained
    Canaccord GenuityHoldMaintained
    BMO CapitalMarket PerformMaintained
    KBWAt Market PerformMaintained
    Morgan StanleyUnderweightDowngraded
    CIBC World MarketsSector PerformMaintained
    CitigroupBuyInitiated
    CIBC World MarketsSector UnderperformMaintained
    BMO Capital MarketsAt Market PerformMaintained
    BMO CapitalMarket PerformMaintained
    CIBC World MarketsMaintained
    BarclaysUnderweightMaintained
    DesjardinsBuyUpgraded
    BMO CapitalMarket PerformMaintained
    Stifel NicolausHoldInitiated
    BarclaysUnderweightDowngraded
    Credit SuisseOutperformUpgraded

    Bank of Montreal (BMO) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.480
    The average consensus EPS for BMO is $2.480 with a high estimate of $2.888 and Low of $2.009 for the period 2021-06-30 and based on 13 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $3.06$2.17326749999999972021-03-31


    The latest average Earning Per Share Estimate for Bank of Montreal is $2.48, which is lower than BMO's last EPS, $3.06. This means that Analysts are expecting Bank of Montreal to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Bank of Montreal.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $3.06$2.17326749999999972021-03-31
    $2.41$1.92242389999999992020-12-31
    $1.85$1.724072020-09-30
    $1.04$1.23321000000000012020-06-30
    $2.41$2.39355862020-03-31
    $2.43$2.43641292019-12-31
    $2.38$2.51345572019-09-30
    $2.3$2.35236072019-06-30
    $2.32$2.2699752019-03-31
    $2.32$2.31629362018-12-31
    $2.36$2.27819642018-09-30
    $2.2$2.14379572018-06-30
    $2.12$2.079592018-03-31
    $2.11$2.00874862017-12-31
    $2.03$2.01744472017-09-30
    $1.92$1.95028982017-06-30
    $2.08$1.89673962017-03-31
    $2.1$1.86851012016-12-31
    $1.94$1.82714052016-09-30
    $1.73$1.77092392016-06-30
    $1.75$1.7327562016-03-31
    $1.9$1.75443062015-12-31
    $1.86$1.749322015-09-30
    $1.71$1.67632729999999992015-06-30
    $1.75$1.64716862015-03-31
    $1.63$1.69222470000000012014-12-31
    $1.73$1.67263072014-09-30
    $1.63$1.54096709999999982014-06-30
    $1.61$1.54263362014-03-31
    $1.64$1.59548692013-12-31
    $1.68$1.5370182013-09-30
    $1.46$1.50464752013-06-30
    $1.52$1.491772013-03-31
    $1.65$1.44025999999999992012-12-31
    $1.49$1.40026400000000022012-09-30
    $1.44$1.36935799999999992012-06-30
    $1.42$1.37817532012-03-31
    $1.27$1.32282730000000022011-12-31
    $1.36$1.31670670000000012011-09-30
    $1.35$1.32349392011-06-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).