Bank Of Montreal (NYSE:BMO - Get Free Report) TSE: BMO was downgraded by analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a report issued on Friday.

BMO has been the subject of a number of other research reports. CIBC restated a "neutral" rating on shares of Bank Of Montreal in a research note on Tuesday, May 20th. Barclays lowered shares of Bank Of Montreal from an "overweight" rating to an "equal weight" rating in a research note on Monday, June 9th. Cibc World Mkts lowered shares of Bank Of Montreal from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Finally, Scotiabank began coverage on shares of Bank Of Montreal in a research note on Thursday, May 15th. They set a "sector perform" rating for the company. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $129.50.

Read Our Latest Stock Report on Bank Of Montreal

Shares of NYSE:BMO traded down $0.07 during midday trading on Friday, reaching $114.29. The company had a trading volume of 442,677 shares, compared to its average volume of 795,807. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.00 and a quick ratio of 1.00. The stock's fifty day moving average price is $108.00 and its 200-day moving average price is $101.01. The stock has a market capitalization of $82.10 billion, a P/E ratio of 14.82, a PEG ratio of 1.26 and a beta of 1.07. Bank Of Montreal has a one year low of $76.98 and a one year high of $114.76.

Bank Of Montreal (NYSE:BMO - Get Free Report) TSE: BMO last issued its quarterly earnings results on Wednesday, May 28th. The bank reported $1.84 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.84. The business had revenue of $6.32 billion during the quarter, compared to analyst estimates of $8.79 billion. Bank Of Montreal had a net margin of 10.25% and a return on equity of 10.15%. The business's revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.59 earnings per share. Equities research analysts expect that Bank Of Montreal will post 7.71 earnings per share for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in the business. Cary Street Partners Investment Advisory LLC grew its position in shares of Bank Of Montreal by 228.9% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 273 shares of the bank's stock worth $26,000 after acquiring an additional 190 shares during the last quarter. Bayforest Capital Ltd acquired a new position in shares of Bank Of Montreal in the first quarter worth about $34,000. Dunhill Financial LLC purchased a new stake in shares of Bank Of Montreal in the fourth quarter worth approximately $39,000. Truvestments Capital LLC purchased a new stake in shares of Bank Of Montreal in the first quarter worth approximately $39,000. Finally, HM Payson & Co. acquired a new stake in Bank Of Montreal in the first quarter valued at approximately $42,000. Institutional investors own 45.82% of the company's stock.

(Get Free Report)

Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments. The company's personal banking products and services include deposits, mortgages, home lending, consumer credit, small business lending, credit cards, cash management, financial and investment advice, and other banking services; and commercial banking products and services comprise various of financing options and treasury and payment solutions, as well as risk management products.

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