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Investor Insights

This summary was created by AI, based on 22 opinions in the last 12 months.

The Bank of Montreal (BMO-T) is considered a solid Canadian bank with a strong focus on commercial banking. It has experienced growth from recent acquisitions, such as Bank of the West. However, some experts are cautious due to its large commercial exposure and potential volatility during weak economic conditions. Overall, BMO is viewed as a good long-term investment with a decent dividend yield, but lacking in significant growth potential.

Consensus
Mixed
Valuation
Fair Value
Similar
TD-Tor
COMMENT
Bank of Montreal

Banks are a good long term investment but you don't have to own all the banks. Bank of Montreal has the largest exposure to commercial banking so it could be a recessionary risk. He wants more stability in a bank so he owns Royal, TD and National.

banks
HOLD
Bank of Montreal

Current yield ~5% - good offer for investors. Valuation attractive for investors. Canadian banks generally a safe option. Good place for defensive investors. Not huge growth. 

banks
WEAK BUY
Bank of Montreal

If you're going to buy in the space, BMO and RY are the two to consider. Accretion from acquisitions is working for both. BMO is 2 points cheaper. Still, he'd rather go with insurance -- MFC first, IFC second.

banks
DON'T BUY
Bank of Montreal

They bought Bank of the West, synergistic for pooling resources and adding assets. BMO is the more commercial bank in Canada vs. peers. A great bank, but commercial banking is volatile when the economy is weak. He prefers other banks like RY and TD for their stability.

banks
COMMENT
Bank of Montreal

The question was on his preference for the two banks. Both have international operations with BMO focused more in the U.S. and BNS more in Latin America. He prefers BMO. Now is not the time to buy BNS but watch it over the next four quarters,

banks
WEAK BUY
Bank of Montreal

One of the best. Banks have nice dividends and decent valuations, but not a lot of growth. BMO has accretion from its Bank of the West deal. Great capital holders over time.

That said, he'd rather go with SLF or MFC right now. Insurance companies have outperformed Canadian banks for 3 years in a row. 

banks
BUY
Bank of Montreal

One of the 3 best Canadian banks (out of 6). He likes the deal to buy Bank of the West, likes their Canadian business and the new CEO who's improving the efficiency ratio. Capital markets business is also good and improving. The dividend of around 5.5% will continue to grow.

banks
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Bank of Montreal
(A Top Pick Nov 28/23, Up 16.5%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with BMO is progressing well.  To remain disciplined, we recommend trailing up the stop (from $110) to $118 at this time.  

banks
BUY
Bank of Montreal

BMO really has the US going well. As the smaller of the big 5 banks, it's really been accelerating its growth. He's long in his value momentum fund.

banks
BUY ON WEAKNESS
Bank of Montreal

Q4 a bit shy, due to some charges. Otherwise in line. The one to buy. Better growth rate due to Bank of the West synergies. Still fairly valued around 9x, with around 5% growth. Wait for a pullback, and then sell puts to get in at a lower strike price and get some dividends. Fine over next 5-10 years; not if it will work, but when.

banks
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Bank of Montreal
(A Top Pick Nov 28/23, Up 16.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with BMO has achieved our $126 target.  To be disciplined, we recommend covering half the position and trailing up the stop (from $94) to $110 at this time.  

banks
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Bank of Montreal
Stockchase Research Editor: Michael O'Reilly

Always a solid quality company, it is trading at 1.1x book and 11x earnings with net margins of 22%.  We like that cash reserves are growing, while debt is aggressively retired.  We recommend placing a stop-loss at $94, looking to achieve $126 -- upside potential of 15% and a good dividend as well.  Yield 5.2%

(Analysts’ price target is $126.03)
banks
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Bank of Montreal
(A Top Pick May 09/23, Down 4.1%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with BMO has triggered its stop at $112. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 5%, when combined with previous recommendations. 

banks
TOP PICK
Bank of Montreal

After recent merger, now one of the top 10 banks in the US, operating in 32 states. Merger will bring cost savings. Strong suit is commercial banking and lending. Large Canadian wealth management, good-sized NA capital markets, plus a smaller insurance business. 13% ROE plus 7% growth rate in dividends, resulting in a double-digit return over the coming cycle. Yield is 5.17%.

(Analysts’ price target is $127.24)
banks
WEAK BUY
Bank of Montreal

Canadian banks are reasonably priced, but still headwinds on loan losses. He likes the one with the best balance sheet, TD. He also likes CM, with its outsized dividend yield and low valuation. BMO is OK.

For the heavy lifting in your portfolio, he'd look instead at insurance companies with similar yields and more growth over the next 1-2 years.

banks
Showing 1 to 15 of 885 entries

Bank of Montreal(BMO-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 16

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 19

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, 19 stock analysts published opinions about BMO-T. 16 analysts recommended to BUY the stock. 1 analyst 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?

19 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 2024-03-28, Bank of Montreal (BMO-T) stock closed at a price of $132.25.