TSE:BMO
67.13
3.93
(5.53%)
The Bank of Montreal, operating as BMO Financial Group and commonly shortened to BMO, is one of the Big Five banks in Canada.
More at Wikipedia
Analysis and Opinions about BMO-T
Signal
Opinion
Expert
DON'T BUY
DON'T BUY
January 31, 2020
At this particular point in time, he wouldn't put fresh capital in the bank sector. They are near their high. A good company but a little too rich. He would wait a few weeks or month to participate in any of the banks.
Show full opinionHide full opinion
At this particular point in time, he wouldn't put fresh capital in the bank sector. They are near their high. A good company but a little too rich. He would wait a few weeks or month to participate in any of the banks.
BUY
BUY
December 3, 2019
BNS vs. BMO He prefers BNS, though their last report disappointed. Their credit did hold up well; capital positions are strong. BMO just reported this morning. BNS pays a slightly higher yield. PB is identical. BNS will enjoy a better upside given its Latin American operations, whereas BMO is focussed on North America. Both are buys.
BNS vs. BMO He prefers BNS, though their last report disappointed. Their credit did hold up well; capital positions are strong. BMO just reported this morning. BNS pays a slightly higher yield. PB is identical. BNS will enjoy a better upside given its Latin American operations, whereas BMO is focussed on North America. Both are buys.
COMMENT
COMMENT
November 6, 2019
How big is their real estate exposure? A good bank for sure. Real Estate is studied internally to evaluate overall exposure. Don't worry too much about where they are concentrated, the banks have been doing this for over 170 years.
Show full opinionHide full opinionHow big is their real estate exposure? A good bank for sure. Real Estate is studied internally to evaluate overall exposure. Don't worry too much about where they are concentrated, the banks have been doing this for over 170 years.
BUY
WATCH
WATCH
October 15, 2019
The banks as a group are becoming more attractive. He's watching them as housing stats look stronger. They're great to hold long-term. Valuations in the single-digits are compelling. Wait for a good entry point.
Show full opinionHide full opinionThe banks as a group are becoming more attractive. He's watching them as housing stats look stronger. They're great to hold long-term. Valuations in the single-digits are compelling. Wait for a good entry point.
HOLD
HOLD
September 19, 2019
Hold these companies. They can continue to increase the dividends. BMO-T is his least favourite of the big 5 right now. Their US business is not as stable as TD-T's. This is the one he has been trimming recently.
COMMENT
COMMENT
September 9, 2019
This and TD-T are not two of the banks he not is invested in. You always have to look at what businesses they are in. Both grew significantly in the US. He prefers BMO-T over TD-T because it has less premium to book value than TD-T is selling at.
WEAK BUY
WEAK BUY
August 15, 2019
Great franchise in the US, but not as good as TD's. Canadian franchise has always lagged TD and Royal. Canadian banks are suffering due to real estate and debt worries. Great dividend, can own for the long term, an oligopoly. Prefers the other two.
WEAK BUY
WEAK BUY
August 14, 2019
The Canadian banks are very cheap now, but net interest margins are a headwind. He sees 5% EPS growth with a decent dividend. Toronto's housing report in July had an uptick, which is encouraging. BMO has some US exposure, but he prefers TD and RY given more US exposure.
DON'T BUY
DON'T BUY
July 30, 2019
His 4th or 5th choice among Canadian banks. It isn't special. Their recent American acquisition went okay for them. BMO is merely okay. He has no problem with the sector though.
Show full opinionHide full opinionHis 4th or 5th choice among Canadian banks. It isn't special. Their recent American acquisition went okay for them. BMO is merely okay. He has no problem with the sector though.
PAST TOP PICK
PAST TOP PICK
July 18, 2019
(A Top Pick Jul 26/18, Down 1%) Still cheap. Favourable business mix. Still a good place to be.
Show full opinionHide full opinion(A Top Pick Jul 26/18, Down 1%) Still cheap. Favourable business mix. Still a good place to be.
DON'T BUY
DON'T BUY
June 17, 2019
They've had trouble growing internationally, but that's improving. He prefers TD and RY, whcih have more American exposure, but BMO's valuation is in line with its peers. BMO has struggled to perform and he doesn't know why.
Show full opinionHide full opinionThey've had trouble growing internationally, but that's improving. He prefers TD and RY, whcih have more American exposure, but BMO's valuation is in line with its peers. BMO has struggled to perform and he doesn't know why.
BUY
BUY
June 4, 2019
He holds some small amounts of this stock. All the banks in Canada have a negative bias towards the pessimism in Canadian real estate. The dividend is safe. They are expanding the US mid-west and they are doing well there. A good long term investment at these levels. Yield 4.2%
Show full opinionHide full opinionHe holds some small amounts of this stock. All the banks in Canada have a negative bias towards the pessimism in Canadian real estate. The dividend is safe. They are expanding the US mid-west and they are doing well there. A good long term investment at these levels. Yield 4.2%
HOLD
HOLD
April 30, 2019
Last fall, it got hit especially hard to $90, but has rebounded to around $105. Has the richest valuation of the big 5. But they are doing a great job. They're a steady eddy, not doing acquisitions, and sticking to their core business--and that's fine. He sold BMO and bought CIBC because it pays a higher divdend. Otherwise, you can hold this.
Show full opinionHide full opinionLast fall, it got hit especially hard to $90, but has rebounded to around $105. Has the richest valuation of the big 5. But they are doing a great job. They're a steady eddy, not doing acquisitions, and sticking to their core business--and that's fine. He sold BMO and bought CIBC because it pays a higher divdend. Otherwise, you can hold this.
SELL
SELL
March 22, 2019
Just sold his holding yesterday. Still likes financials, but prefers insurance or mixed use like Fairfax. Seasonality and headlines re housing mean banks are a bit of dead money. Better use of money elsewhere. Short-term, downside risk is about $95.
Show full opinionHide full opinionJust sold his holding yesterday. Still likes financials, but prefers insurance or mixed use like Fairfax. Seasonality and headlines re housing mean banks are a bit of dead money. Better use of money elsewhere. Short-term, downside risk is about $95.
Bank of Montreal(BMO-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 6
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 11
Bank of Montreal(BMO-T) Frequently Asked Questions
What is Bank of Montreal stock symbol?
Bank of Montreal is a Canadian stock, trading under the symbol BMO-T on the Toronto Stock Exchange (BMO-CT). It is usually referred to as TSX:BMO or BMO-T
Is Bank of Montreal a buy or a sell?
In the last year, 11 stock analysts published opinions about BMO-T. 6 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Bank of Montreal.
Is Bank of Montreal a good investment or a top pick?
Bank of Montreal was recommended as a Top Pick by David Cockfield on 2020-01-31. Read the latest stock experts ratings for Bank of Montreal.
Why is Bank of Montreal stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Bank of Montreal worth watching?
11 stock analysts on Stockchase covered Bank of Montreal In the last year. It is a trending stock that is worth watching.
What is Bank of Montreal stock price?
On 2020-04-01, Bank of Montreal (BMO-T) stock closed at a price of $67.13.
