Bank of Montreal stock downgraded by Barclays on investor day preview
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Gold slides on bets for higher interest rates for longer amid raging Iran war Stocks end lower in choppy session after Netanyahu says Iran can’t enrich uranium Ed Yardeni sees risk to his bullish gold target as prices lag expectations Oil reverses course, but Brent still hovering near highest level since July 2022 🧠 Upgrade to AI Insights (South Africa Philippines Nigeria) 🧠 Upgrade to AI Insights Bank of Montreal stock downgraded by Barclays on investor day preview By Analyst Ratings Published 03/20/2026, 03:28 AM Bank of Montreal stock downgraded by Barclays on investor day preview 0 BMO -1.04% Investing.com - Barclays downgraded Bank of Montreal (TSE:BMO) (NYSE:BMO) to Underweight from Equalweight and set a price target of C$199.00. The downgrade comes ahead of Bank of Montreal ’s investor day. The bank last held an all-bank investor day on October 24, 2018, and a smaller investor event on September 30, 2020. The upcoming event will be the first investor day since the acquisition of Bank of the West and the first for recently appointed CFO Rahul Nalgirkar. Presentations are expected from CEO Daryl White, the CFO, heads of major business lines, the Chief Risk Officer, and discussions on AI implementation. Bank of Montreal’s current medium-term objectives include a 15%+ ROE (18%+ ROTCE), 7-10% EPS growth, 200bps+ operating leverage, top-tier total shareholder return, and a CET1 ratio that exceeds regulatory requirements. The bank’s return on common equity currently stands at 10% as of the last twelve months, indicating room for improvement to reach its target. The bank has set a 12%+ ROE target for US Banking, which stood at 8.5% at first quarter 2026. The bank expects to reach both its 15%+ ROE and 12%+ US Banking ROE targets on a run rate basis by the end of 2017.Despite the Barclays downgrade, InvestingPro data suggests BMO is currently undervalued based on its Fair Value analysis. For investors seeking...
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