Buy, Sell or Hold: Bank of Montreal (BMO-T) — Stock Predictions at Stockchase

TSE:BMO

125.29

2.08 (1.69%) 1d

Showing 1 to 15 of 843 entries

DON'T BUY

Got stung by low forecasts. Margin spreads are suffering. Not one of his favourites. Sector is cheap, but he's still not being aggressive. Inverted yield curve is not good for banks.

banks

BUY

Allan Tong’s Discover Picks BMO’s EPS growth is rising faster than its peers, specifically nearly 100% in the past year. BMO shares trade at only 7.3x earnings compared to TD’s 10.7x and Royal’s 11.1x. BMO’s profit margin and ROE tick higher, too. Only BMO’s dividend lags its peers, paying merely 4.3%, though it boasts the lowest payout ratio at 26.31%. Read 3 Long-Term Stocks to Buy and Hold for our full analysis.

banks

HOLD

Acquisitions sometimes take a long time to integrate. No news on Bank of the West may mean everything's going well. Not his first choice in the group, but reasonably priced. Fairly good dividend yield of over 4%.

banks

BUY

Sell half of NA to buy BMO? This trade makes sense. Canadian banks have been under pressure given economic slowdown. All the banks grow earnings nicely and return excess capital to shareholders via buybacks and dividends. BMO has done a great job with Bank of the West acquisition. He's tilting toward more US exposure, as the US consumer is in better shape and the economy is less reliant on housing.

banks

BUY on WEAKNESS

Core holding, though sometimes you want more or less exposure. In an economic slowdown, as he expects this year, you want to pare back. He owns RY, TD, BMO, and BAM.A. Each has unique aspects that make for good diversification within the sector. Pullbacks provide an opportune chance to buy, put them away, and collect some income. Strong, sustainable, competitive advantages. Strong compounders over time.

banks

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PAST TOP PICK

(A Top Pick Apr 26/22, Down 5%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BMO has triggered its stop at $132. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 5%, when combined with the previous top pick recommendation.

banks

WEAK BUY

BMO vs. CM BMO completing 16B acquisition in the US. BMO has a much larger presence in the US, whereas CM has the larger presence in Canada. CM has been the faster grower, and he favours it. Execution risk with BMO, especially in a tough market. CM has the better opportunity, but he doesn't knock BMO.

banks

HOLD

Banks have pulled back about 10%. Yield is now average, BNS and CM and TD have higher yields. Not his first choice. But all the Big 6 are very strong institutions and will do well over time. If you own it, hold.

banks

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TOP PICK

Stockchase Research Editor: Michael O'Reilly We again reiterate BMO as a TOP PICK. As one of Canada's largest chartered banks, it trades at 11x earnings, compared to peers at 14x. Next year's earnings project a PE closer to 7x. Latest earnings beat expectations by 15%, supporting a ROE of 15%. It has a great dividend, backed by a payout ratio under 35% of cash flow. We are recommending giving the stop a little more room down to $132 (from $138 presently) given current market insecurities. We look for upside potential towards $163 -- 17% upside potential. Yield 3.76% (Analysts’ price target is $162.63)

banks

BUY

Attractive dividend yield that should increase. Recent major US acquisition will expand presence in high-growth California. Equity issue to fund that purchase. US growth will fund future growth. Long-term hold for appreciation.

banks

PAST TOP PICK

(A Top Pick Apr 16/21, Up 34%) At the time, cheap compared to its peers. Getting pricey. Another 2-3 innings left. His firm was part of the share issuance yesterday.

banks

TRADE

It is at all time highs and is in the middle of the banks pack. It is still good and he still holds banks. We could see some weakness in the sector so be cautious.

banks

PAST TOP PICK

(A Top Pick Mar 12/21, Up 41%) Some uncertainty as it may have to raise capital since is buying Bank of the West, therefore possibility of stock issue. Dividend is up 25% and it has announced a nice buyback. Would add at $143. It is now at $149.

banks

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PAST TOP PICK

(A Top Pick Dec 07/21, Up 9.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BMO is progressing well. We now recommend trailing up the stop (from $120) to $138.

banks

SELL

Exited BMO on valuation. Canadian banking sector has been a great place to be, oligopoly. "Hates" being a customer, but loves being an owner. All in excellent shape. Sector is a core holding in his Canadian strategy.

banks

Showing 1 to 15 of 843 entries

Bank of Montreal(BMO-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 10

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 15

Stockchase rating for Bank of Montreal is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 15 stock analysts published opinions about BMO-T. 10 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

15 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 2022-10-04, Bank of Montreal (BMO-T) stock closed at a price of $125.29.

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