Stock Price & Analysis

Based on recent analyst upgrades and technical indicators, BMO stock shows positive momentum with a recent upgrade to "Buy" from RBC Capital with a price target of $161, suggesting significant upside potential from the current price of $98.11, while the stock's RSI of 60.07 indicates moderate bullish momentum without being overbought.

The bank's upcoming share repurchase program of 20 million shares starting January 22, 2025 further supports positive price action, making BMO an attractive buy at current levels.

Based on the provided data and recent market developments, here's a price prediction for BMO stock in 2025:

BMO's stock price is expected to reach $105-108 by end of 2025, driven by the bank's strong capital position and recently announced share buyback program. The bank received approval for repurchasing up to 20 million common shares starting January 22, 2025, which represents approximately 2.7% of outstanding shares and should provide price support.

The stock is currently trading at $98.11 and showing positive momentum after consolidating between $90-95 in late 2024. Technical indicators suggest an upward trend with RSI at 60.07 and positive MACD of 0.58, indicating healthy momentum without being overbought.

The bank's fundamentals remain solid with assets of $1.41 trillion as of October 2024, positioning it as North America's 8th largest bank. While some economic headwinds exist with 63% of Canadian investors concerned about recession, BMO's diversified revenue streams and strong capital ratios should help maintain stability.

The S1 support level for BMO Stock is $97.16 ,The R1 resistant level for BMO Stock is $100.74.

As of the end of day on 2025-01-24, the price of BMO Stock was $100.97.

The target price for BMO Stock according to analyst rating is 107.64, with the highest price target at 161.00 and the lowest at 87.36. Analysts have a Moderate Buy rating on BMO Stock overall.

The market cap of BMO is $73.7B.

Based on the current valuation metrics and market data, BMO is fairly valued. The bank's P/E ratio has shown a healthy decline from 17.43 to 13.33 over the past year, indicating improved earnings efficiency and reasonable valuation compared to peers. The bank's recently announced 20 million share buyback program demonstrates management's confidence in the company's financial position and commitment to shareholder value. BMO's strong dividend yield of 4.82% and price-to-book ratio of 1.22 suggest the stock is trading at reasonable levels relative to its fundamentals. Recent investor survey data shows some economic headwinds, but BMO's solid financial position and strategic initiatives support its current valuation.

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.

Based on the available data and market analysis, here's a price prediction for BMO stock by 2030:

Bank of Montreal (BMO) stock is projected to reach $145-155 by 2030, representing a 45-55% increase from current levels around $98, driven by the bank's strong financial position as the eighth largest bank in North America with $1.41 trillion in assets and strategic expansion in the US market. The bank's recent share buyback program of 20 million shares and positive investor sentiment despite economic headwinds demonstrate management's confidence in long-term value creation [2,3].

The conservative growth projection factors in potential economic challenges like inflation concerns and recession risks highlighted in recent BMO surveys, while being supported by the bank's proven track record of navigating market cycles and maintaining strong capital ratios.

BMO has a total of 53597 employees.