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Investor Insights

This summary was created by AI, based on 50 opinions in the last 12 months.

Overall, the experts have mixed opinions about Bank of Montreal (BMO-T). Some believe it has great potential for long-term growth, especially in the US, while others are concerned about current issues such as credit provisions and US expansion limitations. The recent earnings results have been a point of contention, with some expecting good things and others expressing disappointment. However, the consensus seems to be that BMO is a solid business with potential for positive growth.

Consensus
Mixed
Valuation
Fair Value
BUY
Bank of Montreal

A good place to deploy profits from other names.

banks
BUY
Bank of Montreal

Biggest bank weighting he has. Fits the bill for a long-term buy and hold, collect the dividend. Likes the expansion potential in the US. Some indigestion with BOTW, but kitchen-sinked the last quarter and stock surged. 

banks
Unspecified
Bank of Montreal

The provision for credit losses has finally peaked. The credit situation has turned the corner and should improve in 2025. Even though there was a big miss the stock started climbing a couple of months ago in the anticipation of a credit turn around,

banks
BUY
Bank of Montreal

Broken above resistance, a positive breakout. Also seeing higher lows, which is positive as well. Will probably target the high from 2022.

banks
HOLD
Bank of Montreal

Q4 earnings results tomorrow at 6 am, he's expecting good things. Worst of the credit provisioning is likely behind them. Almost a national player in the US as well. Great capital markets and wealth management. Diversified geographically and by earnings mix. Integration of BOTW is going nicely.

banks
PARTIAL SELL
Bank of Montreal

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
BUY
Bank of Montreal

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.

banks
HOLD
Bank of Montreal

Not doing too much right now. Starting to trend higher, was $150 in 2022. Short term, nice upward trend; we're hitting breakeven on the year, outside of dividends. If it can get back up to $145-150, good possibility it could catch up to the better-performing banks. He owns CM and TD.

banks
WAIT
Bank of Montreal

Rank #4 in terms of bank assets here, but they lag in the US. Maybe BMO can grow now that TD is capped. It's expensive, but still likes it. However, wait for their next earnings; there could be a further correction.

banks
WEAK BUY
Bank of Montreal

His preference on price and valuation. A laggard that's seeing its day in the sun. He's neutral on the Canadian banks as a whole. 

banks
WEAK BUY
Bank of Montreal

It's now cheap, and the bad news has been baked into it. They missed earnings three straight quarters, earlier. That said, the valuation and dividend doesn't make this a bad bet. He still prefers CIBC, but BMO is ownable and pays a decent dividend.

banks
PAST TOP PICK
Bank of Montreal
(A Top Pick Sep 28/23, Up 12%)

Credit cycles follow interest-rate cycles the way night follows day. Big commercial lending footprint, so credit losses have been larger than expected. Volatile share price. Reasonably pleased with performance. He's holding.

banks
DON'T BUY
Bank of Montreal

Traded at a premium for a long time. Three consecutive EPS misses, stock sold off, premium is gone. Provision for credit losses was higher than anticipated. More rate cuts will help health of consumer, but too many would cast doubt on underlying health of economy and that won't be good for banks.

banks
BUY ON WEAKNESS
Bank of Montreal

Their problem is their loan-loss provision which increase a lot more than their peers. But there are no capital issues. You can buy on this pullback. Remember that banks understand their loan book much better than 20-30 years ago; if these provisions are not used, they go back into earnings. Buy it now; it's at book value.

banks
SELL
Bank of Montreal
Shares are falling after reporting today

He sold after their last quarter, based on problems with their US credit side with higher loan losses. They just completed a bank acquisition in recent years. They wonder if they have a handle on their new businesses. An analyst downgraded before the latest results, which are worse than expected. This will be in the penalty box for a couple of 2-3 quarters. Won't buy the dips. He bought TD instead.

banks
Showing 1 to 15 of 926 entries

Bank of Montreal(BMO-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 28

Neutral - Hold Signals / Votes : 10

Bearish - Sell Signals / Votes : 6

Total Signals / Votes : 44

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, 44 stock analysts published opinions about BMO-T. 28 analysts recommended to BUY the stock. 6 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?

44 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 2025-01-10, Bank of Montreal (BMO-T) stock closed at a price of $140.65.