Bank of Montreal (NYSE:BMO) has been downgraded from Neutral to Underperform in a statement by Credit Suisse earlier today.
- Updated: October 4, 2016
Boasting a price of $65.45, Bank of Montreal (NYSE:BMO) traded -2.37% lower on the day. With the last stock price close up -0.05% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. BMO has recorded a 50-day moving average of $65.74 and a 200-day moving average of $63.93. 1,084,079 shares of the stock were exchanged, up from an average trading volume of 559,539
Credit Suisse has downgraded Bank of Montreal (NYSE:BMO) from Neutral to Underperform in a statement released on 10/4/2016.
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Bank of Montreal has a 52 week low of $47.54 and a 52 week high of $67.69 with a P/E ratio of 12.55 The company’s market cap is currently $0.
A total of 5 equity analysts have released a ratings update on BMO. zero equity analysts rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $64.28.
General Company Details For Bank of Montreal (NYSE:BMO)
Bank of Montreal (BMO) is a financial services company. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank's operating groups include Personal and Commercial Banking, Wealth Management, BMO Capital Markets (BMO CM) and Corporate Services, including Technology and Operations. The Bank operates primarily in Canada and the United States. It also has operations in the United Kingdom, Europe, the Caribbean and Asia. Personal and Commercial Banking (P&C) consists of two segments: Canadian Personal and Commercial Banking (Canadian P&C), and U.S. Personal and Commercial Banking (U.S. P&C). Its Wealth Management offers wealth management products and services, such as insurance products. BMO Capital Markets is a North America-based financial services provider offering a range of products and services to corporate, institutional and government clients.
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