Canaccord Genuity Group lowered Bank of Montreal's price target from C$136.00 to C$135.00.

Canaccord Genuity Group reduced Bank of Montreal's (BMO) price target from C$136.00 to C$135.00, with several other financial institutions also revising their targets for the bank. Analysts expect BMO to post 11.25 EPS for the current year, and the company's consensus target price is C$128.93. Despite various price target reductions, Bank of Montreal maintains a Moderate Buy rating from financial institutions and a 5.33% dividend yield.

August 16, 2024
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