Highlights

  • Raymond James increases Bank of Montreal price objective in its latest report.
  • Multiple brokerages update their views following recent earnings and sector trends.
  • Consensus rating holds steady with a mixed spread across categories.

Raymond James Financial lifted its price target on Bank of Montreal (TSE:BMO, NYSE:BMO) from C$182.00 to C$183.00, according to a report issued Monday and cited by BayStreet.ca. The brokerage maintained its stance while refining its expectations after the bank’s recent reporting cycle. The move adds another data point to a series of updates released by major research firms, many of which have been reassessing Canadian banking valuations in the current environment.

Broader Analyst Coverage and Rating Changes

Several brokerages have adjusted their outlook on the stock in recent weeks, reflecting a variety of approaches to the bank’s performance metrics and market setting. Barclays raised its target from C$177.00 to C$181.00, assigning an “equal weight” rating. National Bank Canada shifted its view from “strong-buy” to “hold”, signalling a more neutral stance. Canaccord Genuity Group lifted its target from C$192.00 to C$201.00, while CIBC increased its price objective from C$180.00 to C$192.00. Royal Bank of Canada also revised its target upward, moving from C$163.00 to C$178.00.

According to MarketBeat data, the stock carries one Strong Buy rating, two Buy ratings, and nine Hold ratings, resulting in an average consensus of “Hold” and a blended target price of C$181.42.

Earnings Snapshot and Financial Metrics

Bank of Montreal released its quarterly results on December 4th, reporting C$3.28 in earnings per share. The bank posted a 13.57% net margin and a 9.04% return on equity, with quarterly revenue reaching C$9.34 billion. Analyst estimates suggest full-year earnings may come in at 9.6514585 EPS, based on current projections.

Insider Transaction Details

Filings also disclosed an insider sale by Alan Tannenbaum, who offloaded 9,824 shares on September 11th. The shares were sold at an average of C$175.12, generating proceeds of approximately C$1.72 million. Corporate insiders collectively hold 0.03% of the company’s shares.

Company Overview

Bank of Montreal operates across four core segments spanning Canadian personal and commercial banking, U.S. P&C operations, wealth management, and capital markets. The institution remains one of the large diversified financial-service providers in North America, with operations structured across both domestic and cross-border markets.

Shares of BMO last traded at CAD 175.45 on December 08 2025.