Bank of Montreal [BMO] stock prices are up 1.43% to $99.18 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BMO shares have gain 2.38% over the last week, with a monthly amount drifted -0.12%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bank of Montreal [NYSE: BMO] stock has seen the most recent analyst activity on January 08, 2025, when RBC Capital Mkts upgraded its rating to a Outperform. Previously, Scotiabank upgraded its rating to Sector Outperform on December 06, 2024. On December 06, 2024, upgrade upgraded it’s rating to Sector Outperform. Scotiabank downgraded its rating to a Sector Perform. BofA Securities downgraded its rating to a Neutral. TD Securities downgraded its rating to Hold for this stock on August 27, 2024. In a note dated August 27, 2024, Jefferies downgraded an Hold rating on this stock.
The stock price of Bank of Montreal [BMO] has been fluctuating between $76.98 and $104.63 over the past year. Currently, Wall Street analysts expect the stock to reach $120.95 within the next 12 months. Bank of Montreal [NYSE: BMO] shares were valued at $99.18 at the most recent close of the market. An investor can expect a potential return of 21.95% based on the average BMO price forecast.
Analyzing the BMO fundamentals
The Bank of Montreal [NYSE:BMO] reported sales of 58.01B for trailing twelve months, representing a surge of 6.54%. Gross Profit Margin for this corporation currently stands at 1.02% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 98.72 points at the first support level, and at 98.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 99.73, and for the 2nd resistance point, it is at 100.28.
Ratios To Look Out For
It’s worth pointing out that Bank of Montreal [NYSE:BMO]’s Current Ratio is 0.56. Considering the valuation of this stock, the price to sales ratio is 1.25, the price to book ratio is 1.32 and price to earnings (TTM) ratio is 14.21.
