According to The Fly, in a report released yesterday, John Aiken from Barclays maintained a Hold rating on Bank Of Montreal (BMO). The company’s shares closed yesterday at $71.84, close to its 52-week low of $71.81.
According to TipRanks.com, Aiken is ranked 0 out of 5 stars with an average return of -2.7% and a 35.4% success rate. Aiken covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bank Of Montreal.
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Based on Bank Of Montreal’s latest earnings release for the quarter ending October 31, the company reported a quarterly net profit of $1.3 billion. In comparison, last year the company had a net profit of $981 million.
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Bank of Montreal engages in the provision of banking and financial services to individuals and institutions. It operates through the following segments: Canadian Personal and Commercial; United States Personal and Commercial; Wealth Management; BMO Capital Markets; and Corporate Services.
