TSE:BMO
120.65
1.23
(1.03%)
The Bank of Montreal, operating as BMO Financial Group and commonly shortened to BMO, is one of the Big Five banks in Canada.
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Analysis and Opinions about BMO-T
Signal
Opinion
Expert
Chart
TOP PICK
TOP PICK
April 16, 2021
The banks are all benefitting from market sensitive fees like investment banking and yield curve. They are trading at 10.3x 2022. A good risk-reward play. Balance sheet looks good. They will buy back their shares or increase their dividends in the coming months. (Analysts’ price target is $118.89)
Show full opinionHide full opinion
The banks are all benefitting from market sensitive fees like investment banking and yield curve. They are trading at 10.3x 2022. A good risk-reward play. Balance sheet looks good. They will buy back their shares or increase their dividends in the coming months. (Analysts’ price target is $118.89)
PARTIAL BUY
PARTIAL BUY
April 15, 2021
Still positive on the banking sector. PE multiple is still attractive. Start picking at it and building a position.
Show full opinionHide full opinionStill positive on the banking sector. PE multiple is still attractive. Start picking at it and building a position.
TOP PICK
TOP PICK
March 12, 2021
Boring but you don't need to make things harder than they need to be. Banks have been trading below their historical multiple. They tend to do well in recovery, higher interest rates and steepening yield curve. Banks haven't been able to increase dividends or buy back stocks but this should change soon. BMO has good business mix and has beat expectations consistently. Trading at 9.9x 2022 versus peers who are 0.5 multiple points higher. Price to growth, this stock makes a lot of sense. (Analysts’ price target is $116.17)
Show full opinionHide full opinionBoring but you don't need to make things harder than they need to be. Banks have been trading below their historical multiple. They tend to do well in recovery, higher interest rates and steepening yield curve. Banks haven't been able to increase dividends or buy back stocks but this should change soon. BMO has good business mix and has beat expectations consistently. Trading at 9.9x 2022 versus peers who are 0.5 multiple points higher. Price to growth, this stock makes a lot of sense. (Analysts’ price target is $116.17)
HOLD
HOLD
February 3, 2021
He doesn't own this one, but hard-pressed to go too far wrong owning any of the big 6 banks. 4-5% dividend yield, which grows at high single digits most years. Credit losses are behind them. Net interest margins still under pressure, but banks earn their way through whatever the economy throws at them.
Show full opinionHide full opinionHe doesn't own this one, but hard-pressed to go too far wrong owning any of the big 6 banks. 4-5% dividend yield, which grows at high single digits most years. Credit losses are behind them. Net interest margins still under pressure, but banks earn their way through whatever the economy throws at them.
HOLD
HOLD
December 24, 2020
All Canadian banks are good quality with good dividend growth.
Show full opinionHide full opinionAll Canadian banks are good quality with good dividend growth.
WEAK BUY
WEAK BUY
November 25, 2020
Tough year for the banks. Q4 will be released in a few weeks, and you never know what you're going to get. Brighter days are ahead, and the market's already figured that out. BMO is not his favourite. Prefers National, TD, Royal. You'll do fine with the Canadian banks. Some concerns around fintech. Low interest rates will be a problem, but offset by recovering economy. Good time to add for dividend seekers.
Tough year for the banks. Q4 will be released in a few weeks, and you never know what you're going to get. Brighter days are ahead, and the market's already figured that out. BMO is not his favourite. Prefers National, TD, Royal. You'll do fine with the Canadian banks. Some concerns around fintech. Low interest rates will be a problem, but offset by recovering economy. Good time to add for dividend seekers.
DON'T BUY
DON'T BUY
November 4, 2020
Going forward, Canadian banks will face low interest rates for quite some time, as well as a struggling economy. Government won't allow mass credit losses. Banks will muddle along, you get your dividend. Not one of his favourite banks. He'd rather be in TD as his first choice.
Going forward, Canadian banks will face low interest rates for quite some time, as well as a struggling economy. Government won't allow mass credit losses. Banks will muddle along, you get your dividend. Not one of his favourite banks. He'd rather be in TD as his first choice.
BUY
BUY
October 19, 2020
You can buy any of the banks here in Canada. They have under-performed the general market. His favourites are RY-T and TD-T. He likes US banks right now, also.
TOP PICK
TOP PICK
May 25, 2020
Banks are lining up to take massive loan losses due to the shutdown. He thinks we will see a recovery in stock values. He likes the exposure to the US. He likes the dividend and it offers a better opportunity in terms of getting into the market at this point. He thinks the banks are undervalued. (Analysts’ price target is $75.98)
Show full opinionHide full opinionBanks are lining up to take massive loan losses due to the shutdown. He thinks we will see a recovery in stock values. He likes the exposure to the US. He likes the dividend and it offers a better opportunity in terms of getting into the market at this point. He thinks the banks are undervalued. (Analysts’ price target is $75.98)
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 opinionAt 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.
Bank of Montreal(BMO-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 6
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, 6 stock analysts published opinions about BMO-T. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. 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 Greg Newman on 2021-04-16. 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?
6 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 2021-05-14, Bank of Montreal (BMO-T) stock closed at a price of $120.65.
