Bank of Montreal (BMO) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Buy
Based on 18 analysts20.5% Above Target
BMO trades 20.5% above Wall Street's consensus target of $140.00.
Current Price$176.10
Average Target$140.00
Low$140.00
Median$140.00
High$140.00
Analyst Target Range
Forward P/E12.7x
(Value)
PEG Ratio1.46
(Fair)
Implied Growth+1.2%
(Low)
Analyst Spread0.0%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes BMO achieves its forward estimates and maintains a stable P/E multiple of 12.7x. This scenario reflects the blended consensus of 18 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
BMO Price Target Analysis
Updated July 7, 2026As of July 7, 2026, Bank of Montreal (BMO) has a Wall Street consensus price target of $140.00, based on estimates from 18 covering analysts. With the stock currently trading at $176.10, this represents a potential downside of -20.5%. The company has a market capitalization of $123.34B.
Analyst price targets range from a low of $140.00 to a high of $140.00, representing a 0% spread in expectations. The median target of $140.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 8 analysts rating the stock as a Buy or Strong Buy,8 rating it Hold, and 2 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, BMO trades at a trailing P/E of 21.9x and forward P/E of 12.7x. The forward PEG ratio of 1.46 indicates reasonable valuation for growth. Analysts expect EPS to grow +1.2% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $239.54, with bear and bull scenarios of $150.91 and $315.61 respectively. Model confidence stands at 44/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Financial Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
-4.8%
Industry Consensus
Avg Forward P/E
12.9x
(Value)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 TDThe Toronto-Dominion Bank | $206.5B | $122.25 | $89.52 | -26.8% | Buy | 13.2x | 17 |
 RYRoyal Bank of Canada | $290.6B | $208.05 | $225.00 | +8.1% | Hold | 13.5x | 30 |
 BNSThe Bank of Nova Scotia | $106.8B | $87.09 | $72.15 | -17.2% | Buy | 11.0x | 19 |
 CMCanadian Imperial Bank of Commerce | $106.9B | $115.36 | $106.62 | -7.6% | Hold | 11.7x | 15 |
 MFCManulife Financial Corporation | $69.3B | $41.36 | $34.24 | -17.2% | Buy | 9.3x | 14 |
 USBU.S. Bancorp | $97.9B | $62.83 | $64.09 | +2.0% | Hold | 12.3x | 49 |
 PNCThe PNC Financial Services Group, Inc. | $101.7B | $253.18 | $255.88 | +1.1% | Hold | 13.7x | 46 |
 TFCTruist Financial Corporation | $63.4B | $50.89 | $55.89 | +9.8% | Buy | 11.2x | 54 |
 CFGCitizens Financial Group, Inc. | $30.5B | $72.11 | $72.50 | +0.5% | Buy | 13.9x | 38 |
 FITBFifth Third Bancorp | $52.5B | $57.89 | $57.50 | -0.7% | Buy | 18.9x | 51 |
BMO — Frequently Asked Questions
Quick answers to the most common questions about buying BMO stock.
What is the BMO stock price target for 2026?
BMO's consensus price target is $140, -20.5% below the current price of $176.1. The 18 analysts tracking BMO see downside risk at present valuations.
Is BMO a buy, sell, or hold?
BMO has a consensus rating of "Buy" based on 18 Wall Street analysts. The rating breakdown is mixed, with 8 Hold ratings making up the largest segment. The consensus 12-month price target of $140 implies -20.5% downside from current levels.
Is BMO stock overvalued or undervalued?
With a forward P/E of 12.6957x, BMO trades at a relatively low valuation. The consensus target of $140 implies -20.5% move, suggesting the market may be pricing in risks.
How high can BMO stock go?
The most bullish Wall Street analyst has a price target of $140 for BMO, while the most conservative target is $140. The consensus of $140 represents the median expectation. Our quantitative valuation model projects a bull case target of $316 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover BMO stock?
BMO is well covered by analysts, with 18 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 8 have Buy ratings, 8 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the BMO stock forecast?
The 12-month BMO stock forecast based on 18 Wall Street analysts shows a consensus price target of $140, with estimates ranging from $140 (bear case) to $140 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $240, with bear/bull scenarios of $151/$316.
What is BMO's fair value based on fundamentals?
Our quantitative valuation model calculates BMO's fair value at $240 (base case), with a bear case of $151 and bull case of $316. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 44/100.
What is BMO's forward P/E ratio?
BMO trades at a forward P/E ratio of 12.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 21.9x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy BMO stock?
Analysts are cautious on BMO, with 2 Sell ratings and a price target of $140 (-20.5% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do BMO price targets vary so much?
BMO analyst price targets range from $140 to $140, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $140 consensus represents the middle ground. Our model's $151-$316 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare