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Canadian banks, utilities rally, U.S. tech fadesRally pauses to end positive weekBitcoin tops $100K, but stocks weakThis summary was created by AI, based on 46 opinions in the last 12 months.
The Bank of Montreal (BMO) has garnered mixed reviews among experts, with many recognizing its strong fundamentals, particularly in commercial lending and a solid dividend yield. Some analysts suggest that while the stock presents a good buying opportunity due to its recent decline, challenges remain, particularly related to increased credit loss provisions and volatile market reactions. The integration of Bank of the West is seen as a potential growth driver, but there are concerns about its short-term earnings performance and the economic outlook in both Canada and the US. Overall, experts highlight its potential for long-term growth while cautioning investors about short-term price fluctuations and macroeconomic pressures.
Tariffs have spurred a flight to safety, and banks can be a good place to be. Level of resistance going way back to 2022, and the stock decided to fall when it reached that level again. Things happen for a reason, investors have memories.
The question is: How much selling will take place? Not a prediction, but worst-case is pullback to ~$130; a 50% chance or greater that it will do that. A near-term trader like him would probably sell now, get back in later. A long-term, buy-and-hold investor would probably just accept the fluctuation.
Taking some profit in the past 2 days as a short-term call coming into earnings. Bank valuations are at high end of traditional range. Yet to see fruition from Bank of the West acquisition. Dividend's safe. Valuation is fine.
Concerned about earnings growth going forward. Canadian economy has issues. US expansion may be more limited for a while.
Banks have been doing well. US banks have been doing well, so those Canadian banks with US exposure are benefiting too. Accumulating for a few months now, looking great. Resistance at $135, and we're approaching it. If it starts to break $135, technically it would look absolutely fantastic. Next resistance would be around $150. Previous support was around $115.
Note that he manages funds and ETFs for BMO Global Asset Management.
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
In the last year, 27 stock analysts published opinions about BMO-T. 9 analysts recommended to BUY the stock. 9 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Bank of Montreal.
Bank of Montreal was recommended as a Top Pick by on . Read the latest stock experts ratings for Bank of Montreal.
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.
27 stock analysts on Stockchase covered Bank of Montreal In the last year. It is a trending stock that is worth watching.
On 2025-04-01, Bank of Montreal (BMO-T) stock closed at a price of $138.04.
Among Big 6 in Canada, more exposed to commercial lending. Commercial highs are higher in US, but lows are also higher, than in Canada. Extra credit provisioning is behind them. Likes synergies from Bank of the West. Excellent wealth franchise and growing. Formidable capital markets business is growing quickly. Strong balance sheet. Nice dividend will probably grow.
A good day to buy, despite tariffs.