Bank Of Montreal (NYSE:BMO) Receives Average Rating of "Moderate Buy" from Brokerages

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Bank Of Montreal (NYSE:BMO) has received an average rating of “Moderate Buy” from twelve brokerages, with an average one-year price target of $163.00. The bank recently reported stronger-than-expected quarterly earnings, with EPS of $2.51 and revenue of $7.21 billion, and declared a quarterly dividend of $1.67, implying a 4.9% yield. Several analysts have recently upgraded their ratings for BMO, and institutional investors have adjusted their holdings.

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