Highlights

  • Natl Bk Canada shifts Bank of Montreal rating from strong-buy to hold.
  • Several brokerages adjust price targets following recent sector updates.
  • Analyst consensus trends toward hold rating with varied price projections.

Natl Bk Canada downgraded Bank of Montreal (TSE:BMO) from a “strong-buy” rating to a “hold” rating. The change was outlined in a research note published on Monday. The update was reported by Zacks.com. The revised stance follows recent sector movements and updated valuation considerations.

Other brokerages also issued rating notes through the year. These updates reflect a wide range of price target adjustments influenced by market conditions, earnings trends, and macro factors.

Analyst Actions

Recent analyst commentary included several revisions:

  • Canaccord Genuity Group: Increased target from C$180.00 to C$185.00. Assigned a buy rating.
  • Jefferies Financial Group: Adjusted target from C$173.00 to C$181.00. Issued a hold rating.
  • Raymond James Financial: Set a target of C$182.00 with a market perform rating.
  • Barclays: Moved target from C$157.00 to C$177.00. Assigned equal weight rating.
  • CIBC: Increased target from C$180.00 to C$192.00.

Data from MarketBeat indicates one analyst has issued a strong buy rating, two have assigned buy ratings, and nine have provided hold ratings. The consensus rating stands at “Hold,” with an average price target of C$173.54.

Company Overview

Bank of Montreal operates as a diversified financial-services provider across North America. The Company functions through four key segments:

  • Canadian personal and commercial banking
  • U.S. personal and commercial banking
  • Wealth management
  • Capital markets

These segments contribute to a broad operating footprint within the financial sector.

Shares of BMO last traded at CAD 175.78 on December 02 2025.