Broker recommendations for Bank of Montreal
The Bank of Montreal stock is rated at 1.625 (on a scale 1-3, where 1 is ‘strong buy‘ and 3 is ‘strong sell‘) from Tuesday 6 October, 2020 by a total of 4 brokers. This means that the consensus of the 4 different brokers is leaning toward to moderate buy/hold.
0 (0%) Underweight
0 (0%) Hold
2 (50%) Overweight
1 (25%) Buy
Price target by analysts
The 2 latest analyst estimates, per Tuesday 25 August, 2020, show the following high, low and average price targets.
Target Average: 65.3 USD
Target High: 67 USD
Target Low: 63.61 USD
Bank of Montreal (TSE:BMO) Hits New 52-Week High at $25.97
Wednesday, 21 October 2020, 22:18:56
Bank of Montreal (TSE:BMO) (NYSE:BMO) shares hit a new 52-week high on Wednesday . The company traded as high as C$25.97 and last traded at C$81.95, with a volume of 3838923 shares traded. The stock had previously closed at C$80.86. A number of analysts have commented on the stock. Royal Bank of Canada increased their […]
— The Olympia Report
REX soars over USD1 billion on back of leveraged and inverse FANG+ offering
Wednesday, 21 October 2020, 13:53:40
REX soars over USD1 billion on back of leveraged and inverse FANG+ offering Submitted By Beverly Chandler | 21/10/2020 – 12:53pm ETF Express award winner REX Shares, a Fairfield, CT-based ETP provider, has seen its assets rise to over USD1 billion, a 1000 per cent increase since 1 January. Greg King, CEO of REX, explains that the inflow of assets is largely into their inverse and leveraged MicroSectors ETPs based on the FAANG stocks (Facebook, Apple, Amazon, Netflix and Google). The firm partnered with Bank of Montreal to offer leveraged and inverse products and the first suite was the FANG+ suite. “They resonate with investors, especially in 2020 when one of the FAANG stocks will always be topical,” King says. “It’s been a great space to be in and we are the only one with a FAANG-based product.” Leveraged and inverse ETPs receive some criticism within the investment industry which fears investors do not always understand the risks they are taking. King says: “Market traders are buying these products and this runs the gamut from quasi-institutional, such as hedge funds, down to sophisticated retail investors. “We are constantly aware that investors may not fully understand them, so we try to educate as much as possible.
— ETF Express
Don’t Retire If You’re Relying ONLY on the OAS and CPP Pension
Monday, 19 October 2020, 15:08:55
Retiring with only the OAS and CPP as income sources is a huge risk. To enhance retirement income, soon-to-be retirees can invest in the Bank of Montreal stock. With its 191 years dividend track record, the payouts should be perpetual. The post Don’t Retire If You’re Relying ONLY on the OAS and CPP Pension appeared first on The Motley Fool Canada .
— The Motley Fool Canada
Bank of Montreal (TSE:BMO) Dividend & Stock Analysis – Stocktrades
Wednesday, 14 October 2020, 19:42:49
The Bank of Montreal (TSE:BMO), COVID-19 has caused turbulent economic conditions. Some now fear financial stocks. Do they really need to?
50% of Canadians Could Retire Poor
Monday, 12 October 2020, 18:30:59
About 50% of Canadians are in danger retiring poor, because of the complex financial challenges brought by the 2020 pandemic. To have more financial cushion, invest in the Bank of Montreal stock to create investment income that will supplement your pensions. The post 50% of Canadians Could Retire Poor appeared first on The Motley Fool Canada .
— The Motley Fool Canada
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