Manufacturing and Wholesale Recovery: Canada's manufacturers and wholesalers are showing signs of recovery after facing challenges from trade uncertainty and higher tariffs earlier this year.
Sales Improvement: Preliminary data indicates a 1.8% increase in manufacturing sales and a 1.3% rise in wholesale sales for July compared to the previous month.
Economic Outlook: These improvements suggest a potential boost for the sluggish Canadian economy as it enters the third quarter.
Statistics Canada Data: The sales figures were released by Statistics Canada, highlighting the positive trends in trade for the month of July.
BMO
$130.52+Infinity%1D
Analyst Views on BMO
Wall Street analysts forecast BMO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BMO is 134.18 USD with a low forecast of 116.15 USD and a high forecast of 177.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
Wall Street analysts forecast BMO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BMO is 134.18 USD with a low forecast of 116.15 USD and a high forecast of 177.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
6 Hold
0 Sell
Hold
Current: 132.070
Low
116.15
Averages
134.18
High
177.00
Current: 132.070
Low
116.15
Averages
134.18
High
177.00
BofA
Neutral
maintain
$127 -> $132
2025-12-05
Reason
BofA
Price Target
$127 -> $132
2025-12-05
maintain
Neutral
Reason
BofA raised the firm's price target on Bank of Montreal to $132 from $127 and keeps a Neutral rating on the shares. The bank reported a Q4 beat, but it was "not enough to reverse recent stock underperformance," the analyst tells investors. Following the report, the firm raised its FY26 and FY27 EPS estimates on higher fee income and modestly higher share repurchases.
Canaccord
Buy
maintain
$192 -> $201
2025-12-05
Reason
Canaccord
Price Target
$192 -> $201
2025-12-05
maintain
Buy
Reason
Canaccord raised the firm's price target on Bank of Montreal to C$201 from C$192 and keeps a Buy rating on the shares.
TD Securities
Hold
maintain
$182 -> $184
2025-12-05
Reason
TD Securities
Price Target
$182 -> $184
2025-12-05
maintain
Hold
Reason
TD Securities raised the firm's price target on Bank of Montreal to C$184 from C$182 and keeps a Hold rating on the shares.
Barclays
Equal Weight
maintain
$177 -> $181
2025-12-05
Reason
Barclays
Price Target
$177 -> $181
2025-12-05
maintain
Equal Weight
Reason
Barclays raised the firm's price target on Bank of Montreal to C$181 from C$177 and keeps an Equal Weight rating on the shares post the fiscal Q4 report. The company's adjusted earnings exceeded consensus estimates on better than expected credit losses and fees, the analyst tells investors in a research note.
About BMO
Bank of Montreal (the Bank) is a North American bank. The Bank provides a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services. The Bank serves about 13 million customers across North America, and in select markets globally, through three integrated operating groups: Personal and Commercial Banking (P&C), BMO Wealth Management and BMO Capital Markets. The P&C operating group represents the sum of its two retail and commercial operating segments, Canadian Personal and Commercial Banking (Canadian P&C) and U.S. Personal and Commercial Banking (U.S. P&C). BMO Wealth Management serves a full range of clients, from individuals and families to business owners and institutions, offering a wide spectrum of wealth, asset management and insurance products and services. BMO Capital Markets offers a comprehensive range of products and services to corporate, institutional and government clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
