RBC Capital analyst Darko Mihelic maintained a Hold rating on Bank Of Montreal (NYSE:BMO) on Friday, setting a price target of C$75, which is approximately 3.98% below the present share price of $58.92.
Mihelic expects Bank Of Montreal to post earnings per share (EPS) of $1.00 for the third quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Bank Of Montreal, with an average price target of $57.11.
The analysts price targets range from a high of $60.34 to a low of $52.8.
In its latest earnings report, released on 04/30/2020, the company reported a quarterly revenue of $5.26 billion and a net profit of $0. The company's market cap is $37.69 billion.
According to TipRanks.com, RBC Capital analyst Darko Mihelic is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 7.8% and a 66.25% success rate.
Bank of Montreal is a diversified financial services provider based in North America, operating four business segments: Canadian P&C banking, U.S. P&C banking, wealth management, and capital markets.