Bank of Montreal (NYSE:BMO)(TSE BMO) Updated Jan 03, 2011
Founded
in 1817 as Bank of Montreal, today
BMO Financial Group is a highly diversified financial services provider. We
offer clients a broad range of personal, commercial, corporate and institutional
financial services across Canada and in the United States through BMO
Bank of Montreal, BMO
Nesbitt Burns, Harris
Nesbitt and our Chicago-based subsidiary, Harris
Bank.
Recent News: UPDATE 4-BMO profit jumps 18 pct, beats expectations
BMO Financial Group Reports Good Second Quarter Results, Earning $800 Million of Net Income
BMO Financial Group to Acquire Marshall & Ilsley Corporation
BMO Financial Group Reports Strong Results for its Fourth Quarter and Fiscal Year
BMO Financial Group Reports Solid Results for its Third Quarter, Earning $669 Million of Net Income
BMO Financial Group Delivers Strong Second Quarter Results, Earning $745 Million of Net Income
UPDATE - Bank of Montreal profit rises, tops estimates
UPDATE - BMO profit up 16 pct, to buy Diners Club business
BMO Financial Group Reports Good Third Quarter Results with Record Revenues
Michael Goldberg .......... Desjardins Securities.........Aug 24, 2011
Maintained BUY
Target $70.00Cdn
BMO.TO Price day before: $59.80Finish day posting:$60.13Current:$60.13
-----May 26, 2011--------
Maintained BUY
Target $70.00Cdn
BMO.TO Price day before: $62.05Finish day posting:$61.70Current:$60.13
-------Mar 02, 2011----------
Maintained BUY
Target raised to $70.00 from $68.00Cdn
BMO.TO Price day before: $61.77Finish day posting:$61.66Current:$60.13
-------Dec 20, 2010---------
Maintained BUY
Target $68.00Cdn
BMO.TO Price day before: $58.00Finish day posting:$56.60Current:$60.13
-------Dec 08, 2010--------
Maintained BUY
Target $68.00Cdn
BMO.TO Price day before: $61.87Finish day posting:$61.66Current:$60.13
------May 27, 2010--------
Upgraded to BUY from HOLD
BMO.TO Price day before: $60.26Finish day posting:$62.30Current:$60.13
-------Mar 11, 2010--------
Maintained HOLD
Target raised to $63.00 from $61.00Cdn (Target Hit)
BMO.TO Price day before: $59.15Finish day posting:$59.40Current:$60.13
-----Mar 03, 2010------
Maintained HOLD
Target raised to $61.00 from $55.50Cdn(Target Hit)
BMO.TO Price day before: $58.85Finish day posting:$59.17Current:$60.13
--------Nov 25, 2009-------
Maintained HOLD
Target $55.50Cdn(Target Hit)
BMO.TO Price day before: $53.14Finish day posting:$53.30Current:$60.13
--------May 12, 2009---------
Target raised to $47.50 from $39.00Cdn (Target Hit June 25, 2009)
BMO.TO Price day before: $43.95Finish day posting:$43.30Current:$60.13
BMO Price day before:$37.78 Finish day of posting:$37.36 Current:$41.75US
-----Mar 04, 2009------
Target reduced to $39.00 from $44.50Cdn (Target Hit Apr 16, 2009)
BMO.TO Price day before: $27.64Finish day posting:$28.37Current:$60.13
BMO Price day before:$21.38 Finish day of posting:$22.28 Current:$41.75US
--------Nov 26, 2008-----
Target reduced to $44.50 from $53.00Cdn
BMO.TO Price day before: $34.95Finish day posting:$34.29Current:$60.13
BMO Price day before:$28.16Finish day posting:$28.00 Current:$41.75US
---------Nov 16, 2007------
Maintained HOLD
Price Target $72.50Cdn
BMO.TO Price day before: $57.12Finish day posting:$56.66Current:$60.13
BMO Price day before:$58.15 Finish day of posting:$58.25 Current:$41.75US
-------Aug 29, 2007-----
Maintained HOLD
Price Target $72.50Cdn
BMO.TO Price day before: $65.65Finish day posting:$65.40Current:$60.13
BMO Price day before:$61.75 Finish day of posting:$61.64 Current:$41.75US
-------Aug 20, 2007-------
Downgraded to HOLD from BUY
Price Target reduced to $72.50 from $77.00Cdn
BMO.TO Price day before: $66.29Finish day posting:$64.78Current:$60.13
BMO Price day before:$62.39 Finish day of posting:$61.50 Current:$41.75US
-------May 24, 2007-------
Maintained BUY
Price Target raised to $77.00 from $75.00Cdn
BMO.TO Price day before: $70.20Finish day posting:$70.07Current:$60.13
BMO Price day before:$64.90 Finish day of posting:$64.46 Current:$41.75US
-----May 17, 2007-----
Maintained BUY
Price Target $75.00Cdn
BMO.TO Price day before: $69.70Finish day posting:$69.40Current:$60.13
BMO Price day before:$63.12 Finish day of posting:$63.09 Current:$41.75US
------Dec 07, 2006---
Maintained BUY
Price Target reduced to $77.00 from $81.50Cdn
BMO.TO Price day before: $69.27Finish day posting:$69.02Current:$60.13
BMO Price day before:$60.40 Finish day of posting:$60.07 Current:$41.75US
------Nov 29, 2006------
Maintained BUY
Price Target $81.50Cdn
BMO.TO Price day before: $69.92Finish day posting:$68.83Current:$60.13
BMO Price day before:$61.26 Finish day of posting:$60.43 Current:$41.75US
-------Aug 23, 2006-------
Maintained BUY
Price Target raised to $75.00 from $72.50Cdn
BMO.TO Price day before: $66.35Finish day posting:$66.70Current:$60.13
BMO Price day before:$59.50 Finish day of posting:$59.96 Current:$41.75US
-------Aug 03, 2006----
Maintained BUY
Price Target $72.50Cdn (Target Hit Apr 18, 2007)
BMO.TO Price day before: $63.12Finish day posting:$63.22Current:$60.13
BMO Price day before:$56.03 Finish day of posting:$56.20 Current:$41.75US
------May 24, 2006--------
Maintained BUY
Price Target $75.50Cdn
BMO.TO Price day before: $61.51Finish day posting:$61.50Current:$60.13
BMO Price day before:$55.00 Finish day of posting:$55.08 Current:$41.75US
-------Mar 02, 2006----------
Maintained BUY
Price Target raised to $75.50 from $70.50Cdn
BMO.TO Price day before: $68.25Finish day posting:$66.88Current:$60.13
BMO Price day before:$60.15 Finish day of posting:$59.07 Current:$41.75US
---------Aug 24, 2005--------
Maintained BUY
Price Target raised to $65.00 from $63.50Cdn (Target Hit)
BMO.TO Price day before: $58.50Finish day posting:$58.90Current:$60.13
BMO Price day before:$48.88 Finish day of posting:$49.53 Current:$41.75US
-------Aug 09, 2005-----
Upgraded to BUY from HOLD
Price Target $63.50Cdn (Target Hit Nov 30, 2005)
BMO.TO Price day before: $59.03Finish day posting:$59.46Current:$60.13
BMO Price day before:$48.49 Finish day of posting:$49.10 Current:$41.75US
***************************
Jason Bilodeau .......... TD Newcrest......Aug 24, 2011
Maintained HOLD
Target $67.00Cdn
BMO.TO Price day before: $59.80Finish day posting:$60.13Current:$60.13
--------Mar 02, 2011-------
Maintained HOLD
Target raised to $66.00 from $65.00Cdn
BMO.TO Price day before: $61.77Finish day posting:$61.66Current:$60.13
-------Dec 20, 2010----------
Maintained HOLD
Target reduced to $64.00 from $66.00Cdn
BMO.TO Price day before: $58.00Finish day posting:$56.60Current:$60.13
---------Dec 08, 2010-------
Maintained HOLD
Target raised to $66.00 from $64.00Cdn
BMO.TO Price day before: $61.87Finish day posting:$61.66Current:$60.13
--------Aug 26, 2010--------
Maintained HOLD
Target reduced to $63.00 from $65.00Cdn
BMO.TO Price day before: $55.50Finish day posting:$56.34Current:$60.13
-------May 27, 2010------
Maintained HOLD
Target raised to $65.00 from $64.00Cdn
BMO.TO Price day before: $60.26Finish day posting:$62.30Current:$60.13
----------Apr 26, 2010--------
Maintained HOLD
Target $63.00Cdn (Target Hit)
BMO.TO Price day before: $64.93Finish day posting:$65.41Current:$60.13
-------Mar 03, 2010-------
Maintained HOLD (Target Hit)
Target raised to $63.00 from $59.00Cdn
BMO.TO Price day before: $58.85Finish day posting:$59.17Current:$60.13
---------Nov 25, 2009----------
Maintained HOLD
Target raised to $59.00 from $56.00Cdn (Target Hit Mar 02, 2010)
BMO.TO Price day before: $53.14Finish day posting:$53.30Current:$60.13
-------Aug 26, 2009-------
Maintained HOLD
Target $56.00Cdn
BMO.TO Price day before: $52.30Finish day posting:$53.65Current:$60.13
--------May 08, 2009------
Maintained HOLD
Target raised to $41.00 from $37.00Cdn
BMO.TO Price day before: $43.17Finish day posting:$44.70Current:$60.13
BMO Price day before:$36.92 Finish day of posting:$38.81 Current:$41.75US
------Dec 30, 2008-------
Maintained HOLD
Target reduced to $37.00 from $40.00Cdn (Target Hit Apr 13, 2009)
BMO.TO Price day before: $30.88Finish day posting:$30.90Current:$60.13
BMO Price day before:$25.08Finish day posting:$25.30 Current:$25.69US
-------Nov 26, 2008--------
Maintained HOLD
Target $50.00Cdn
BMO.TO Price day before: $34.95Finish day posting:$34.29Current:$60.13
BMO Price day before:$28.16Finish day posting:$28.00 Current:$41.75US
--------Aug 27, 2008------
Maintained HOLD
Target reduced to $51.00 from $53.00Cdn
BMO.TO Price day before: $43.94Finish day posting:$45.56Current:$60.13
BMO Price day before:$41.85Finish day posting:$43.58 Current:$41.75US
-------Mar 05, 2008----
Maintained HOLD
Target reduced to $53.00 from $70.00Cdn
BMO.TO Price day before: $46.89Finish day posting:$45.02Current:$60.13
BMO Price day before:$46.92 Finish day of posting:$45.79 Current:$41.75US
-------Oct 11, 2007-------
New HOLD
Target $70.00Cdn
BMO.TO Price day before: $64.16Finish day posting:$63.90Current:$60.13
BMO Price day before:$65.40 Finish day of posting:$65.45 Current:$41.75US
**************
Mario Mendonca .......... Canaccord/Genuity......Aug 24, 2011
Maintained BUY
Target raised to $70.00 from $69.00Cdn
BMO.TO Price day before: $59.80Finish day posting:$60.13Current:$60.13
---------May 26, 2011-----
Maintained BUY
Target $73.00Cdn
BMO.TO Price day before: $62.05Finish day posting:$61.70Current:$60.13
---------Mar 02, 2011--------
Maintained BUY
Target raised to $70.00 from $69.00Cdn
BMO.TO Price day before: $61.77Finish day posting:$61.66Current:$60.13
----------Feb 07, 2011-------
Upgraded to BUY from HOLD
BMO.TO Price day before: $58.90Finish day posting:$59.50Current:$60.13
----------Dec 20, 2010------
Maintained HOLD
Target reduced to $63.00 from $65.00Cdn
BMO.TO Price day before: $58.00Finish day posting:$56.60Current:$60.13
----------Dec 08, 2010----------
Maintained HOLD
Target raised to $65.00 from $64.00Cdn
BMO.TO Price day before: $61.87Finish day posting:$61.66Current:$60.13
----------Aug 25, 2010---------
Maintained HOLD
Target reduced to $66.00 from $70.00Cdn
BMO.TO Price day before: $55.50Finish day posting:$56.34Current:$60.13
------May 27, 2010--------
Maintained HOLD
Target raised to $68.00 from $67.00Cdn
BMO.TO Price day before: $60.26Finish day posting:$62.30Current:$60.13
**************
Peter Routledge................National Bank Financial ....Aug 24, 2011
Target reduced to $65.00 from $67.00Cdn
BMO.TO Price day before: $59.80Finish day posting:$60.13Current:$60.13
------Mar 02, 2011--------
Upgraded to SECTOR PERFORM from UNDERPERFORM
Target raised to $67.00 from $62.00Cdn
BMO.TO Price day before: $61.77Finish day posting:$61.66Current:$60.13
-------Dec 20, 2010------
Maintained UNDERPERFORM
Target reduced to $62.00 from $64.00Cdn
BMO.TO Price day before: $58.00Finish day posting:$56.60Current:$60.13
--------Aug 25, 2010----------
Maintained UNDERPERFORM
Target reduced to $64.00 from $65.00Cdn
BMO.TO Price day before: $55.50Finish day posting:$56.34Current:$60.13
------Aug 19, 2010-----
New UNDERPERFORM
BMO.TO Price day before: $58.84Finish day posting:$58.28Current:$60.13
************
Robert Sedran..........CIBC World Markets......Aug 24, 2011
Maintained SECTOR PERFORM
Target raised to $65.00 from $64.00Cdn
BMO.TO Price day before: $59.80Finish day posting:$60.13Current:$60.13
-------Mar 02, 2011------
Maintained SECTOR PERFORM
Target raised to $67.00 from $64.00Cdn
BMO.TO Price day before: $61.77Finish day posting:$61.66Current:$60.13
---------Feb 09, 2011-----
Maintained SECTOR PERFORM
Target raised to $64.00 from $63.00Cdn
BMO.TO Price day before: $59.65Finish day posting:$59.57Current:$60.13
--------Nov 09, 2010-------
Downgraded to SECTOR PERFORM from OUTPERFORM
Target $67.00C
BMO.TO Price day before: $60.74Finish day posting:$59.37Current:$60.13
-------Aug 25, 2010-------
Target reduced to $67.00 from $70.00Cdn
BMO.TO Price day before: $55.50Finish day posting:$56.34Current:$60.13
*************
*************
Ian de Verteuil.......... BMO Capital Markets......Aug 24, 2011
Target reduced to $67.00 from $69.00Cdn
BMO.TO Price day before: $59.80Finish day posting:$60.13Current:$60.13
-------Sept 17, 2010---------
Target raised to $65.00 from $62.00Cdn
BMO.TO Price day before: $60.59Finish day posting:$60.37Current:$60.13
--------Aug 25, 2010-------
Target reduced to $62.00 from $67.00Cdn
BMO.TO Price day before: $55.50Finish day posting:$56.34Current:$60.13
---------May 27, 2009---------
Target raised to $49.00 from $48.00Cdn (Target Hit June 26, 2009)
BMO.TO Price day before: $43.71Finish day posting:$41.79Current:$60.13
BMO Price day before:$39.28 Finish day of posting:$37.58 Current:$41.75US
--------Mar 04, 2009--------
Target reduced to $33.00 from $38.00Cdn (Target Hit Mar 16, 2009)
BMO.TO Price day before: $27.64Finish day posting:$28.37Current:$60.13
BMO Price day before:$21.38 Finish day of posting:$22.28 Current:$41.75US
***********
Peter A. Rozenberg ............ UBS Warburg......Aug 24, 2011
Maintained NEUTRAL
Target raised to $68.00 from $66.00Cdn
BMO.TO Price day before: $59.80Finish day posting:$60.13Current:$60.13
------Mar 02, 2011---------
Maintained NEUTRAL
Target $66.00Cdn
BMO.TO Price day before: $61.77Finish day posting:$61.66Current:$60.13
------Dec 08, 2010--------
Maintained NEUTRAL
Target raised to $66.00 from $65.00Cdn
BMO.TO Price day before: $61.87Finish day posting:$61.66Current:$60.13
-------Mar 03, 2010--------
Maintained NEUTRAL
Target raised to $59.00 from $56.00Cdn
BMO.TO Price day before: $58.85Finish day posting:$59.17Current:$60.13
------Nov 25, 2009------
Maintained NEUTRAL
Target raised to $56.00 from $49.00Cdn (Target Hit)
BMO.TO Price day before: $53.14Finish day posting:$53.30Current:$60.13
-----July 27, 2009-----
Target raised to $49.00 from $40.00Cdn
BMO.TO Price day before: $51.67Finish day posting:$52.50Current:$60.13
------May 27, 2009--------
Target raised to $40.00 from $38.00Cdn
BMO.TO Price day before: $43.71Finish day posting:$41.79Current:$60.13
BMO Price day before:$39.28 Finish day of posting:$37.58 Current:$41.75US
--------Nov 26, 2008------
Target reduced to $35.00 from $45.00Cdn
BMO.TO Price day before: $34.95Finish day posting:$34.29Current:$60.13
BMO Price day before:$28.16Finish day posting:$28.00 Current:$41.75US
*************
Kevin R. Choquette........... Scotia Capital...........May 27, 2011
Maintained OUTPERFORM
Target raised to $70.00 from $68.00Cdn
BMO.TO Price day before: $61.70Finish day posting:$61.82Current:$60.13
------Feb 16, 2011-----
Maintained OUTPERFORM
Target raised to $68.00 from $65.00Cdn
BMO.TO Price day before: $60.36Finish day posting:$60.51Current:$60.13
------Dec 20, 2010---------
Maintained OUTPERFORM
Target reduced to $65.00 from $70.00Cdn
BMO.TO Price day before: $58.00Finish day posting:$56.60Current:$60.13
---------Mar 03, 2010-------
Maintained OUTPERFORM
Target raised to $70.00 from $65.00Cdn
BMO.TO Price day before: $58.85Finish day posting:$59.17Current:$60.13
-------Aug 26, 2009---------
Maintained OUTPERFORM
Target raised to $65.00 from $60.00Cdn (Target Hit Apr 23, 2010)
BMO.TO Price day before: $52.30Finish day posting:$53.65Current:$60.13
-------Aug 05, 2009-------
Upgraded to OUTPERFORM from SECTOR PERFORM
Target raised to $60.00 from $53.00Cdn (Target Hit Mar 15, 2010)
BMO.TO Price day before: $54.55Finish day posting:$54.37Current:$60.13
-------May 11, 2009------
Maintained SECTOR PERFORM
Target raised to $53.00 from $42.00Cdn (Target Hit July 31, 2009)
BMO.TO Price day before: $44.70Finish day posting:$43.95Current:$60.13
BMO Price day before:$38.81 Finish day of posting:$37.78 Current:$41.75US
------Mar 04, 2009--------
Maintained SECTOR PERFORM
Target reduced to $42.00 from $45.00Cdn (Target Hit May 05, 2009)
BMO.TO Price day before: $27.64Finish day posting:$28.37Current:$60.13
BMO Price day before:$21.38 Finish day of posting:$22.28 Current:$41.75US
-------Jan 26, 2009-----
Maintained SECTOR PERFORM
Target reduced to $45.00 from $50.00Cdn
BMO.TO Price day before: $30.47Finish day posting:$30.85Current:$60.13
BMO Price day before:$24.56Finish day posting:$25.14 Current:$41.75US
------Nov 25, 2008----
Upgraded to SECTOR PERFORM from UNDERPERFORM
BMO.TO Price day before: $34.12Finish day posting:$34.95Current:$60.13
BMO Price day before:$27.55 Finish day of posting:$28.16 Current:$41.75US
------Aug 27, 2008-------
Maintained UNDERPERFORM
Target reduced to $55.00 from $65.00Cdn
BMO.TO Price day before: $43.94Finish day posting:$45.56Current:$60.13
BMO Price day before:$41.85Finish day posting:$43.58 Current:$41.75US
-------Mar 05, 2008----
Maintained UNDERPERFORM
Target reduced to $65.00 from $75.00Cdn
BMO.TO Price day before: $46.89Finish day posting:$45.02Current:$60.13
BMO Price day before:$46.92 Finish day of posting:$45.79 Current:$41.75US
-----Nov 16, 2006------
Maintained UNDERPERFORM
Price Target raised to $80.00 from $75.00Cdn
BMO.TO Price day before: $70.60Finish day posting:$70.85Current:$60.13
BMO Price day before:$61.99 Finish day of posting:$61.95 Current:$41.75US
--------Aug 23, 2006-----------
Maintained UNDERPERFORM (Target Hit Nov 27, 2006)
Price Target $72.00Cdn
BMO.TO Price day before: $66.35Finish day posting:$66.70Current:$60.13
BMO Price day before:$59.50 Finish day of posting:$59.96 Current:$41.75US
------Mar 03, 2006------
Downgraded to UNDERPERFORM from SECTOR PERFORM
BMO.TO Price day before: $62.70Finish day posting:$66.10Current:$60.13
BMO Price day before:$53.70 Finish day of posting:$58.14 Current:$41.75US
------Aug 25, 2004-------
Maintained SECTOR PERFORM
Price Target $66.00Cdn (Target Hit)
BMO.TO Price day before: $53.80Finish day posting:$54.06Current:$60.13
BMO Price day before:$41.30 Finish day of posting:$41.40 Current:$41.75US
****************************
Darko Mihelic .......... Cormark Securities......May 26, 2011
Maintained MARKET PERFORM
Target raised to $68.00 from $67.00Cdn
BMO.TO Price day before: $62.05Finish day posting:$61.70Current:$60.13
--------Mar 02, 2011-----
Maintained MARKET PERFORM
Target raised to $67.00 from $65.00Cdn
BMO.TO Price day before: $61.77Finish day posting:$61.66Current:$60.13
---------Jan 11, 2011--------
Maintained MARKET PERFORM
Target raised to $65.00 from $62.00Cdn
BMO.TO Price day before: $58.08Finish day posting:$58.33Current:$60.13
------Dec 20, 2010-----------
Downgraded to MARKET PERFORM from TOP PICK
Target reduced to $62.00 from $66.00Cdn
BMO.TO Price day before: $58.00Finish day posting:$56.60Current:$60.13
----------Dec 08, 2010-------
Target raised to $66.00 from $64.00Cdn
BMO.TO Price day before: $61.87Finish day posting:$61.66Current:$60.13
----------Aug 25, 2010---------
Target reduced to $64.00 from $67.00Cdn
BMO.TO Price day before: $55.50Finish day posting:$56.34Current:$60.13
-------May 27, 2010---------
Target raised to $67.00 from $66.00Cdn
BMO.TO Price day before: $60.26Finish day posting:$62.30Current:$60.13
*************
Brian Klock ...Keefe Bruyette & Woods......May 26, 2011
Maintained MARKET PERFORM
Target raised to $66.00 from $64.00Cdn
BMO.TO Price day before: $62.05Finish day posting:$61.70Current:$60.13
------Mar 02, 2011------
Maintained MARKET PERFORM
Target raised to $64.00 from $61.00Cdn
BMO.TO Price day before: $61.77Finish day posting:$61.66Current:$60.13
------Jan 04, 2011---------
Target reduced to $61.00 from $65.00Cdn
BMO.TO Price day before: $57.48Finish day posting:$57.66Current:$60.13
Gabriel Dechaine................Credit Suisse ...Mar 02, 2011
Maintained NEUTRAL
Target raised to $61.00 from $55.00Cdn
BMO.TO Price day before: $61.77Finish day posting:$61.66Current:$60.13
-------Feb 16, 2011-------
Upgraded to NEUTRAL from UNDERPERFORM
Target raised to $61.00 from $55.00Cdn
BMO.TO Price day before: $60.36Finish day posting:$60.51Current:$60.13
------Dec 20, 2010-------
Maintained UNDERPERFORM
Target reduced to $55.00 from $62.00Cdn
BMO.TO Price day before: $58.00Finish day posting:$56.60Current:$60.13
---------Dec 08, 2010----------
Maintained UNDERPERFORM
Target raised to $62.00 from $61.00Cdn
BMO.TO Price day before: $61.87Finish day posting:$61.66Current:$60.13
-----Sept 14, 2010-------
Downgraded to UNDERPERFORM from NEUTRAL
Target $53.00Cdn
BMO.TO Price day before: $61.78Finish day posting:$61.15Current:$60.13
-------Aug 19, 2010------
New NEUTRAL
BMO.TO Price day before: $58.84Finish day posting:$58.28Current:$60.13
************
Andre-Philippe Hardy .......... RBC Capital Markets......Mar 02, 2011
Maintained OUTPERFORM
Target raised to $69.00 from $68.00Cdn
BMO.TO Price day before: $61.77Finish day posting:$61.66Current:$60.13
---------Dec 20, 2010---------
Maintained OUTPERFORM
Target reduced to $68.00 from $73.00Cdn
BMO.TO Price day before: $58.00Finish day posting:$56.60Current:$60.13
---------Dec 08, 2010-------
Maintained OUTPERFORM
Target raised to $73.00 from $69.00Cdn
BMO.TO Price day before: $61.87Finish day posting:$61.66Current:$60.13
---------Aug 25, 2010--------
Maintained OUTPERFORM
Target reduced to $69.00 from $73.00Cdn
BMO.TO Price day before: $55.50Finish day posting:$56.34Current:$60.13
--------May 27, 2010-------
Maintained OUTPERFORM
Target raised to $73.00 from $69.00Cdn
BMO.TO Price day before: $60.26Finish day posting:$62.30Current:$60.13
---------Nov 25, 2009----------
Maintained OUTPERFORM
Target raised to $63.00 from $62.00Cdn (Target Hit Apr 13, 2010)
BMO.TO Price day before: $53.14Finish day posting:$53.30Current:$60.13
-------May 04, 2009----
Upgraded to OUTPERFORM from UNDERPERFORM
Target raised to $62.00 from $31.00Cdn (Target Hit Mar 23, 2010)
BMO.TO Price day before: $39.20Finish day posting:$40.99Current:$60.13
BMO Price day before:$32.99 Finish day of posting:$34.92 Current:$41.75US
------Mar 05, 2008------
Maintained UNDERPERFORM
Target reduced to $49.00 from $58.00C (Target Hit)
BMO.TO Price day before: $46.89Finish day posting:$45.02Current:$60.13
BMO Price day before:$46.92 Finish day of posting:$45.79 Current:$41.75US
--------Jan 25, 2008-------
Maintained UNDERPERFORM
Target reduced to $58.00 from $66.00C
BMO.TO Price day before: $55.85Finish day posting:$56.29Current:$60.13
BMO Price day before:$54.57 Finish day of posting:$56.00 Current:$41.75US
---------Nov 14, 2007----------
Maintained UNDERPERFORM
Target reduced to $66.00 from $69.00C
BMO.TO Price day before: $57.60Finish day posting:$57.21Current:$60.13
BMO Price day before:$60.54 Finish day of posting:$59.39 Current:$41.75US
-------Aug 29, 2007--------
Maintained UNDERPERFORM
Price Target $69.00C
BMO.TO Price day before: $65.65Finish day posting:$65.40Current:$60.13
BMO Price day before:$61.75 Finish day of posting:$61.64 Current:$41.75US
-------May 24, 2007---------
Maintained UNDERPERFORM
Price Target raised to $71.00 from $70.00C
BMO.TO Price day before: $70.20Finish day posting:$70.07Current:$60.13
BMO Price day before:$64.90 Finish day of posting:$64.46 Current:$41.75US
--------Apr 30, 2007-------
New UNDERPERFORM
Price Target $70.00C
BMO.TO Price day before: $70.00Finish day posting:$69.46Current:$60.13
BMO Price day before:$62.70 Finish day of posting:$62.86 Current:$41.75US
***************
John Aiken.......... Barclays Capital......Dec 20, 2010
Downgraded to EQUALWEIGHT from OVERWEIGHT
BMO.TO Price day before: $58.00Finish day posting:$56.60Current:$60.13
***********
Brad Smith ................Stonecap Securities ....Dec 08, 2010
Target raised to $58.00 from $56.00Cdn
BMO.TO Price day before: $61.87Finish day posting:$61.66Current:$60.13
--------Nov 19, 2010--------
Target raised to $56.00 from $53.00
BMO.TO Price day before: $59.20Finish day posting:$60.33Current:$60.13
***********
Mario Mendonca .......... Genuity Capital Markets......Apr 26, 2010
Maintained HOLD
Target raised to $68.00 from $65.00Cdn
BMO.TO Price day before: $64.93Finish day posting:$65.41Current:$60.13
-------Mar 03, 2010-------
Upgraded to HOLD from SELL
BMO.TO Price day before: $58.85Finish day posting:$59.17Current:$60.13
--------Oct 26, 2009---------
Maintained SELL
Target raised to $58.00 from $53.00Cdn (Target Hit Mar 02, 2010)
BMO.TO Price day before: $52.03Finish day posting:$51.76Current:$60.13
-----------Aug 26, 2009--------
Maintained SELL
Target raised to $50.00 from $48.00Cdn
BMO.TO Price day before: $49.82Finish day posting:$49.70Current:$60.13
---------May 12, 2009-------
Downgraded to SELL from HOLD
BMO.TO Price day before: $43.95Finish day posting:$43.30Current:$60.13
BMO Price day before:$37.27 Finish day of posting:$36.87 Current:$41.75US
------Mar 04, 2009------
Upgraded to HOLD from SELL
Target raised to $30.00 from $27.00Cdn (Target Hit Mar 11, 2009)
BMO.TO Price day before: $27.64Finish day posting:$28.37Current:$60.13
BMO Price day before:$21.38 Finish day of posting:$22.28 Current:$41.75US
------Feb 09, 2009-------
Downgraded to SELL from HOLD
BMO.TO Price day before: $32.05Finish day posting:$31.78Current:$60.13
BMO Price day before:$26.17 Finish day of posting:$26.07 Current:$41.75US
---------Nov 26, 2008--------
Target reduced to $36.00 from $42.00Cdn
BMO.TO Price day before: $34.95Finish day posting:$34.29Current:$60.13
BMO Price day before:$28.16Finish day posting:$28.00 Current:$41.75US
------Mar 05, 2008------
Price Target reduced to $51.00 from $63.00Cdn
BMO.TO Price day before: $46.89Finish day posting:$45.02Current:$60.13
BMO Price day before:$46.92 Finish day of posting:$45.79 Current:$41.75US
-------Aug 29, 2007--------
Downgraded to SELL from HOLD
BMO.TO Price day before: $65.65Finish day posting:$65.40Current:$60.13
BMO Price day before:$61.75 Finish day of posting:$61.64 Current:$41.75US
-------May 14, 2007-----------
Upgraded to HOLD from SELL
BMO.TO Price day before: $68.69Finish day posting:$69.11Current:$60.13
BMO Price day before:$61.72 Finish day of posting:$62.44 Current:$41.75US
--------Nov 30, 2005-------
Upgraded to HOLD from SELL
BMO.TO Price day before: $63.45Finish day posting:$62.70Current:$60.13
BMO Price day before:$54.25 Finish day of posting:$53.70 Current:$41.75US
***************
Jim Bantis .......... Credit Suisse......Mar 03, 2010
Maintained UNDERPERFORM
Target raised to $53.00 from $49.00Cdn
BMO.TO Price day before: $58.85Finish day posting:$59.17Current:$60.13
---------Nov 24, 2009---------
Maintained UNDERPERFORM
Target raised to $49.00 from $42.00Cdn
BMO.TO Price day before: $53.55Finish day posting:$53.14Current:$60.13
--------May 27, 2009------
Maintained UNDERPERFORM
Target raised to $36.00 from $31.00Cdn
BMO.TO Price day before: $43.71Finish day posting:$41.79Current:$60.13
BMO Price day before:$39.28 Finish day of posting:$37.58 Current:$41.75US
----------May 21, 2009------
Downgraded to UNDERPERFORM from NEUTRAL
BMO.TO Price day before: $43.18Finish day posting:$41.53Current:$60.13
BMO Price day before:$37.81 Finish day of posting:$36.57 Current:$41.75US
------Feb 23, 2009---------
Maintained NEUTRAL
Target reduced to $31.00 from $35.00Cdn (Target Hit Mar 11, 2009)
BMO.TO Price day before: $24.66Finish day posting:$24.51Current:$60.13
BMO Price day before:$19.91 Finish day of posting:$19.51 Current:$41.75US
---------Dec 16, 2008-------
Maintained NEUTRAL
Target reduced to $35.00 from $45.00Cdn
BMO.TO Price day before: $32.57Finish day posting:$30.35Current:$60.13
BMO Price day before:$26.38 Finish day of posting:$25.34 Current:$41.75US
-------Sept 10, 2007--------
Upgraded to NEUTRAL from UNDERPERFORM
BMO.TO Price day before: $62.88Finish day posting:$62.34Current:$60.13
BMO Price day before:$59.70 Finish day of posting:$59.30 Current:$41.75US
-------Aug 29, 2007-------
Maintained UNDERPERFORM
Price
Target $73.00C
BMO.TO Price day before: $65.65Finish day posting:$65.40Current:$60.13
BMO Price day before:$61.75 Finish day of posting:$61.64 Current:$41.75US
***************
Darko Mihelic..........CIBC World Markets........Nov 25, 2009
Maintained SECTOR PERFORM
Target $62.00Cdn (Target Hit Mar 23, 2010)
BMO.TO Price day before: $53.14Finish day posting:$53.30Current:$60.13
--------Aug 26, 2009------
Maintained SECTOR PERFORM
Target raised to $57.00 from $50.00Cdn (Target Hit Mar 02, 2010)
BMO.TO Price day before: $52.30Finish day posting:$53.65Current:$60.13
----------May 27, 2009--------
Downgraded to SECTOR PERFORM from OUTPERFORM
Target raised to $45.00 from $40.00Cdn (Target Hit)
BMO.TO Price day before: $43.71Finish day posting:$41.79Current:$60.13
BMO Price day before:$39.28 Finish day of posting:$37.58 Current:$41.75US
-------May 19, 2009----------
Target raised to $40.00 from $36.00Cdn
BMO.TO Price day before: $41.79Finish day posting:$42.79Current:$60.13
BMO Price day before:$37.81 Finish day of posting:$36.57 Current:$41.75US
------Mar 04, 2009------
Maintained OUTPERFORM
Target reduced to $36.00 from $40.00Cdn (Target Hit Apr 09, 2009)
BMO.TO Price day before: $27.64Finish day posting:$28.37Current:$60.13
BMO Price day before:$21.38 Finish day of posting:$22.28 Current:$41.75US
-------Jan 13, 2009--------
Upgraded to OUTPERFORM from SECTOR PERFORM
BMO.TO Price day before: $32.81Finish day posting:$33.45Current:$60.13
BMO Price day before:$26.95 Finish day of posting:$27.23 Current:$41.75US
--------Nov 10, 2008--------
Price Target reduced to $44.00 from $49.00Cdn
BMO.TO Price day before: $42.26Finish day posting:$42.10Current:$60.13
BMO Price day before:$35.71 Finish day of posting:$35.10 Current:$41.75US
-------Mar 05, 2008-----
Downgraded to SECTOR PERFORM from OUTPERFORM
Price Target reduced to $49.00 from $71.00Cdn
BMO.TO Price day before: $46.89Finish day posting:$45.02Current:$60.13
BMO Price day before:$46.92 Finish day of posting:$45.79 Current:$41.75US
---------May 24, 2007---------
Upgraded to OUTPERFORM from SECTOR PERFORM
Price Target raised to $75.00 from $71.00Cdn
BMO.TO Price day before: $70.20Finish day posting:$70.07Current:$60.13
BMO Price day before:$64.90 Finish day of posting:$64.46 Current:$41.75US
*********
Brad Smith......... Blackmont Capital.........Nov 19, 2009
Maintained UNDERPERFORM
Target raised to $45.00 from $43.00Cdn
BMO.TO Price day before: $53.64Finish day posting:$53.48Current:$60.13
--------Aug 04, 2009---------
Maintained UNDERPERFORM
Target raised to $43.00 from $32.00Cdn
BMO.TO Price day before: $54.02Finish day posting:$54.55Current:$60.13
-----May 27, 2009--------
Downgraded to SELL from HOLD
BMO.TO Price day before: $43.71Finish day posting:$41.79Current:$60.13
BMO Price day before:$39.28 Finish day of posting:$37.58 Current:$41.75US
------Feb 17, 2009----------
Maintained HOLD
Target reduced to $32.00 from $36.00Cdn (Target Hit Mar 12, 2009)
BMO.TO Price day before: $29.75Finish day posting:$28.08Current:$60.13
BMO Price day before:$24.08Finish day posting:$22.23 Current:$41.75US
-------Nov 26, 2008------
Maintained HOLD
Target reduced to $36.00 from $46.00Cdn
BMO.TO Price day before: $34.95Finish day posting:$34.29Current:$60.13
BMO Price day before:$28.16Finish day posting:$28.00 Current:$41.75US
-------Mar 05, 2008--------
Maintained HOLD
BMO.TO Price day before: $46.89Finish day posting:$45.02Current:$60.13
BMO Price day before:$46.92 Finish day of posting:$45.79 Current:$41.75US
-------Feb 20, 2008------
Downgraded to HOLD from BUY
BMO.TO Price day before: $53.80Finish day posting:$54.10Current:$60.13
BMO Price day before:$52.67 Finish day of posting:$53.37 Current:$41.75US
-------Jan 08, 2008----------
Maintained BUY
Target reduced to $63.00 from $72.00
BMO.TO Price day before: $56.15Finish day posting:$55.55Current:$60.13
BMO Price day before:$55.77 Finish day of posting:$55.13 Current:$41.75US
------Nov 16, 2007--------
Upgraded to BUY from HOLD
BMO.TO Price day before: $57.12Finish day posting:$56.66Current:$60.13
BMO Price day before:$58.15 Finish day of posting:$58.25 Current:$41.75US
-------Aug 29, 2007-----
Maintained HOLD
BMO.TO Price day before: $65.65Finish day posting:$65.40Current:$60.13
BMO Price day before:$61.75 Finish day of posting:$61.64 Current:$41.75US
---------May 22, 2007--------
Maintained HOLD
BMO.TO Price day before: $69.09Finish day posting:$68.88Current:$60.13
BMO Price day before:$63.34 Finish day of posting:$63.44 Current:$41.75US
--------Nov 29, 2006-----
Maintained HOLD
BMO.TO Price day before: $69.92Finish day posting:$68.83Current:$60.13
BMO Price day before:$61.26 Finish day of posting:$60.43 Current:$41.75US
*********
Sumit Malhotra..........Macquarie........June 11, 2009
Maintained UNDERPERFORM
Target raised to $43.00 from $41.00Cdn
BMO.TO Price day before: $45.23Finish day posting:$45.32Current:$60.13
--------May 27, 2009-------
Maintained UNDERPERFORM
Target raised to $41.00 from $38.00Cdn
BMO.TO Price day before: $43.71Finish day posting:$41.79Current:$60.13
BMO Price day before:$39.28 Finish day of posting:$37.58 Current:$41.75US
------May 19, 2009-----------
Maintained UNDERPERFORM
Target raised to $38.00 from $33.00Cdn
BMO.TO Price day before: $41.79Finish day posting:$42.79Current:$60.13
BMO Price day before:$37.81 Finish day of posting:$36.57 Current:$41.75US
--------Apr 29, 2009-------
New UNDERPERFORM
Target $33.00Cdn
BMO.TO Price day before: $39.91Finish day posting:$39.52Current:$60.13
BMO Price day before:$32.68 Finish day of posting:$32.77 Current:$41.75US
***************
Robert Sedran....National Bank Financial.....May 27, 2009
Upgraded to SECTOR PERFORM from UNDERPERFORM
Target raised to $42.00 from $38.00Cdn
BMO.TO Price day before: $43.71Finish day posting:$41.79Current:$60.13
BMO Price day before:$39.28 Finish day of posting:$37.58 Current:$41.75US
---------Mar 04, 2009---------
Target raised to $31.00 from $30.00Cdn (Target Hit Mar 12, 2009)
BMO.TO Price day before: $27.64Finish day posting:$28.37Current:$60.13
BMO Price day before:$21.38 Finish day of posting:$22.28 Current:$41.75US
-------Feb 19, 2009------
Target reduced to $30.00 from $33.00Cdn(Target Hit Mar 11, 2009)
BMO.TO Price day before: $26.60Finish day posting:$26.00Current:$60.13
BMO Price day before:$21.19 Finish day of posting:$20.67 Current:$41.75US
--------Sept 13, 2007----------
New UNDERPERFORM
Target $67.00Cdn
BMO.TO Price day before: $62.22Finish day posting:$62.25Current:$60.13
BMO Price day before:$60.08 Finish day of posting:$60.27 Current:$41.75US
***************
John Aiken .......... Dundee Securities......May 27, 2009
Maintained SELL
Target raised to $35.00 from $28.00Cdn
BMO.TO Price day before: $43.71Finish day posting:$41.79Current:$60.13
BMO Price day before:$39.28 Finish day of posting:$37.58 Current:$41.75US
--------Mar 04, 2009------
Maintained SELL
Target reduced to $24.00 from $28.00Cdn
BMO.TO Price day before: $27.64Finish day posting:$28.37Current:$60.13
BMO Price day before:$21.38 Finish day of posting:$22.28 Current:$41.75US
-------Dec 24, 2008-------
Downgraded to SELL from NEUTRAL
Target reduced to $28.00 from $37.00
BMO.TO Price day before: $29.98Finish day posting:$29.51Current:$60.13
BMO Price day before:$24.65Finish day posting:$24.52 Current:$41.75US
--------Nov 26, 2008-------
Upgraded to NEUTRAL from SELL
BMO.TO Price day before: $34.95Finish day posting:$34.29Current:$60.13
BMO Price day before:$28.16Finish day posting:$28.00 Current:$41.75US
--------Aug 26, 2008-----
Downgraded to SELL from NEUTRAL
BMO.TO Price day before: $44.06Finish day posting:$43.94Current:$60.13
BMO Price day before:$41.95 Finish day of posting:$41.85 Current:$41.75US
--------July 30, 2008----------
Upgraded to NEUTRAL from SELL
BMO.TO Price day before: $48.55Finish day posting:$48.20Current:$60.13
BMO Price day before:$47.50 Finish day of posting:$47.13 Current:$41.75US
--------Mar 04, 2008----------
Target reduced to $46.00 from $56.00 (Target Hit)
BMO.TO Price day before: $48.36Finish day posting:$46.89Current:$60.13
BMO Price day before:$48.91 Finish day of posting:$46.92 Current:$41.75US
-------Feb 19, 2008--------
Downgraded to UNDERPERFORM from NEUTRAL
BMO.TO Price day before: $53.83Finish day posting:$53.80Current:$60.13
BMO Price day before:$53.34 Finish day of posting:$52.67 Current:$41.75US
--------Nov 09, 2007------
Upgraded to OUTPERFORM from NEUTRAL
BMO.TO Price day before: $59.46Finish day posting:$59.52Current:$60.13
BMO Price day before:$63.20 Finish day of posting:$60.14 Current:$41.75US
-------Aug 29, 2007------
Downgraded to NEUTRAL from OUTPERFORM
BMO.TO Price day before: $65.65Finish day posting:$65.40Current:$60.13
BMO Price day before:$61.75 Finish day of posting:$61.64 Current:$41.75US
***************
Sumit Malhotra .......... Merrill Lynch......Dec 16, 2008
Target reduced to $39.00 from $44.00Cdn (Target Hit Apr 16, 2009)
BMO.TO Price day before: $32.57Finish day posting:$30.35Current:$60.13
BMO Price day before:$26.38 Finish day of posting:$25.34 Current:$41.75US
***************
Shannon Cowherd .......... Citigroup......May 28, 2008
Target $45.00C (Target Hit June 20, 2008)
BMO.TO Price day before: $47.76Finish day posting:$47.67Current:$60.13
BMO Price day before:$48.14 Finish day of posting:$48.11 Current:$41.75US
------Feb 29, 2008---
Target reduced to $54.00 from $77.00
BMO.TO Price day before: $52.35Finish day posting:$49.70Current:$60.13
BMO Price day before:$53.95 Finish day of posting:$50.54 Current:$41.75US
***************
Jason Bilodeau ............ UBS Warburg.......May 24, 2007
Maintained
NEUTRAL
Price Target raised to $76.00 from $74.00C
BMO.TO Price day before: $70.20Finish day posting:$70.07Current:$60.13
BMO Price day before:$64.90 Finish day of posting:$64.46 Current:$41.75US
-------Apr 02, 2007-----
Maintained
NEUTRAL
Price Target $74.00C
BMO.TO Price day before: $69.72Finish day posting:$69.98Current:$60.13
BMO Price day before:$60.58 Finish day of posting:$60.58 Current:$41.75US
--------June 21, 2005-------
Upgraded
to BUY from NEUTRAL
BMO.TO Price day before: $56.39Finish day posting:$56.68Current:$60.13
BMO Price day before:$45.61 Finish day of posting:$46.03 Current:$41.75US
****************
Steve Cawley .......... TD Newcrest.........May 24, 2007
Maintained HOLD
Price Target raised to $75.00 from $71.00Cdn
BMO.TO Price day before: $70.20Finish day posting:$70.07Current:$60.13
BMO Price day before:$64.90 Finish day of posting:$64.46 Current:$41.75US
---------Apr 30, 2007-------
Maintained HOLD
Price Target reduced to $71.00 from $73.00Cdn
BMO.TO Price day before: $70.00Finish day posting:$69.46Current:$60.13
BMO Price day before:$62.70 Finish day of posting:$62.86 Current:$41.75US
----------Nov 29, 2006--------
Maintained HOLD
Price Target reduced to $71.00 from $72.00Cdn (Target Hit)
BMO.TO Price day before: $69.92Finish day posting:$68.83Current:$60.13
BMO Price day before:$61.26 Finish day of posting:$60.43 Current:$41.75US
-------Aug 23, 2006-------
Maintained HOLD
Price Target raised to $70.00 from $66.00Cdn (Target Hit Nov 01, 2006)
BMO.TO Price day before: $66.35Finish day posting:$66.70Current:$60.13
BMO Price day before:$59.50 Finish day of posting:$59.96 Current:$41.75US
--------May 25, 2006------
Maintained HOLD
Price Target reduced to $66.00 from $72.00Cdn (Target Hit Aug 22, 2006)
BMO.TO Price day before: $61.50Finish day posting:$61.72Current:$60.13
BMO Price day before:$55.08 Finish day of posting:$55.79 Current:$41.75US
--------Mar 02, 2006---------
Maintained HOLD
Price Target reduced to $72.00 from $73.00Cdn
BMO.TO Price day before: $68.25Finish day posting:$66.88Current:$60.13
BMO Price day before:$60.15 Finish day of posting:$59.07 Current:$41.75US
--------Jan 16, 2006-------
Maintained HOLD
Price Target raised to $73.00 from $65.00Cdn
BMO.TO Price day before: $69.75Finish day posting:$70.24Current:$60.13
BMO Price day before:$60.05 Finish day of posting:$60.05 Current:$41.75US
-------Nov 30, 2005---------
Maintained HOLD
Price Target raised to $65.00 from $62.00Cdn (Hit Target Dec 28, 2005)
BMO.TO Price day before: $63.45Finish day posting:$62.70Current:$60.13
BMO Price day before:$54.25 Finish day of posting:$53.70 Current:$41.75US
-------Aug 24, 2005------
Maintained HOLD
Price Target $60.00Cdn (Target Hit)
BMO.TO Price day before: $58.50Finish day posting:$58.90Current:$60.13
BMO Price day before:$48.88 Finish day of posting:$49.53 Current:$41.75US
------May 26, 2005-------
Maintained HOLD
Price Target $59.00Cdn (Hit Target July 21, 2005)
BMO.TO Price day before: $55.52Finish day posting:$55.50Current:$60.13
BMO Price day before:$43.93 Finish day of posting:$43.85 Current:$41.75US
------Feb 23, 2005--------
Maintained HOLD
Price Target raised to $59.00 from $57.00Cdn (Hit Target July 21, 2005)
BMO.TO Price day before: $56.01Finish day posting:$55.64Current:$60.13
BMO Price day before:$45.68 Finish day of posting:$44.95 Current:$41.75US
-------Feb 14, 2005-------
Maintained HOLD
Price Target reduced to $57.00 from $60.00Cdn
BMO.TO Price day before: $56.33Finish day posting:$56.45Current:$60.13
BMO Price day before:$45.47 Finish day of posting:$45.76 Current:$41.75US
-----------Nov 24, 2004--------
Maintained HOLD
Price Target reduced to $60.00 from $$61.00Cdn (Hit Target July 26, 2005)
BMO.TO Price day before: $56.70Finish day posting:$54.65Current:$60.13
BMO Price day before:$47.80 Finish day of posting:$46.41 Current:$41.75US
----------Oct 22, 2004-----------
Maintained HOLD
Price Target raised to $61.00 from $58.50Cdn (Hit Target July 26, 2005)
BMO.TO Price day before: $57.60Finish day posting:$56.93Current:$60.13
BMO Price day before:$46.23 Finish day of posting:$46.13 Current:$41.75US
---------June 17, 2004------
Downgraded to HOLD from BUY
Price Target $58.00Cdn (Hit Target Oct 13, 2004)
BMO.TO Price day before: $53.90Finish day posting:$53.38Current:$60.13
BMO Price day before:$39.13 Finish day of posting:$38.92 Current:$41.75US
****************
Colin Cieszynski......... Canaccord/Adams.........Nov 29, 2006
New SELL
Price Target $62.50C
BMO.TO Price day before: $69.92Finish day posting:$68.83Current:$60.13
BMO Price day before:$61.26 Finish day of posting:$60.43 Current:$41.75US
*********
Manolis Liodakis PhD ............Citigroup Smith Barney….Nov 17, 2006
Downgraded to ATTRACTIVE 6 from ATTRACTIVE 3
BMO.TO Price day before: $70.85Finish day posting:$70.61Current:$60.13
BMO Price day before:$61.95 Finish day of posting:$61.71 Current:$41.75US
****************
Jamie Keating........... RBC Capital Markets.......Mar 03, 2006
Downgraded to UNDERPERFORM from SECTOR PERFORM
BMO.TO Price day before: $62.70Finish day posting:$66.10Current:$60.13
BMO Price day before:$53.70 Finish day of posting:$58.14 Current:$41.75US
-------July 26, 2005----------
Upgraded to OUTPERFORM from SECTOR PERFORM
BMO.TO Price day before: $59.95Finish day posting:$61.20Current:$60.13
BMO Price day before:$49.19 Finish day of posting:$49.73 Current:$41.75US
****************************
Rob Wessel .......... National Bank Financial......Mar 03, 2006
Downgraded to UNDERPERFORM from SECTOR PERFORM
BMO.TO Price day before: $62.70Finish day posting:$66.10Current:$60.13
BMO Price day before:$53.70 Finish day of posting:$58.14 Current:$41.75US
***************
Darko Mihelic .............First Associates.....Mar 03, 2006
Maintained
HOLD
BMO.TO Price day before: $62.70Finish day posting:$66.10Current:$60.13
BMO Price day before:$53.70 Finish day of posting:$58.14 Current:$41.75US
-------Oct 07, 2005-------
Maintained
HOLD
BMO.TO Price day before: 57.10Finish day posting:$57.10Current:$60.13
BMO Price day before:$48.42 Finish day of posting:$48.62 Current:$41.75US
------July 08, 2005----------
Maintained
HOLD
BMO.TO Price day before: 57.40Finish day posting:$57.65Current:$60.13
BMO Price day before:$46.87 Finish day of posting:$47.19 Current:$41.75US
------May 25, 2005-------
Maintained
HOLD
BMO.TO Price day before: 56.06Finish day posting:$55.33Current:$60.13
BMO Price day before:$44.50 Finish day of posting:$43.93 Current:$41.75US
------Feb 22, 2005------
Maintained
HOLD
BMO.TO Price day before: $56.70Finish day posting:$56.01Current:$60.13
BMO Price day before:$46.00 Finish day of posting:$45.68 Current:$41.75US
-------Nov 23, 2004--------
Maintained
HOLD
BMO.TO Price day before: $57.85Finish day posting:$56.70Current:$60.13
BMO Price day before:$48.76 Finish day of posting:$47.80 Current:$41.75US
----------Oct 13, 2004---------
Maintained
HOLD
BMO.TO Price day before: $57.45Finish day posting:$58.00Current:$60.13
BMO Price day before:$45.68 Finish day of posting:$46.06 Current:$41.75US
****************
Ian de Verteuil .......... BMO Nesbitt Burns......Nov 30, 2005
(We know all Analysts are Subjective)
Maintained OUTPERFORM
Price Target to $64.00 from $61.00C
BMO.TO Price day before: $63.45Finish day posting:$62.70Current:$60.13
BMO Price day before:$54.25 Finish day of posting:$53.70 Current:$41.75US
***************
Michael Overvelde ............ UBS Warburg........May 26, 2005
Maintained
NEUTRAL
Price Target $60.00Cdn (Hit Target July 26, 2005)
BMO.TO Price day before: $55.52Finish day posting:$55.50Current:$60.13
BMO Price day before:$43.93 Finish day of posting:$43.85 Current:$41.75US
------Nov 24, 2004----------
Maintained NEUTRAL
Price Target reduced to $62.00 from $64.00Cdn (Hit Target July 27, 2005)
BMO.TO Price day before: $56.70Finish day posting:$54.65Current:$60.13
BMO Price day before:$47.80 Finish day of posting:$46.41 Current:$41.75US
----------Aug 26, 2004-----
Maintained
NEUTRAL
Price Target $60.00Cdn (Hit Target July 26, 2005)
BMO.TO Price day before: $54.06Finish day posting:$53.41Current:$60.13
BMO Price day before:$41.40 Finish day of posting:$40.88 Current:$41.75US
------May 28, 2004-------
Maintained
NEUTRAL
Price Target $58.00Cdn (Hit Target Oct 13, 2004)
BMO.TO Price day before: $52.44Finish day posting:$53.37Current:$60.13
BMO Price day before:$38.75 Finish day of posting:$39.02 Current:$41.75US
***********************************
Darko Mihelic .................... Research Capital.....May 27, 2004
Maintained
ACCUMULATE
Price Target raised to $63.00 from $62.00Cdn (Target Hit Nov 29, 2005)
BMO.TO Price day before: $52.12Finish day posting:$52.15Current:$60.13
BMO Price day before:$38.11 Finish day of posting:$38.75 Current:$41.75US
Bank of Montreal
Short Positions (TSX)
Date Outstanding Price Range
May 01 to 15, 2011 11.90million $62.74 to $60.10
Apr 01 to 15, 2011 11.92million $63.94 to $61.45
Mar 16 to 31, 2011 11.74million $63.23 to $61.05
Mar 01 to 15, 2011 11.93million $62.74 to $60.95
Feb 16 to 28, 2011 12.04million $62.35 to $60.42
Feb 01 to15, 2011 11.61million $60.74 to $57.81
Jan 16 to31, 2011 11.55million $59.85 to $57.78
Jan 01 to15, 2011 11.82million $59.63 to $57.42
Dec 16 to 31, 2010 13.57million $62.21 to $56.17
Dec 01 to 15, 2010 8,386,465 $62.44 to $59.12
Nov 16 to 30, 2010 7,223,283 $60.94 to $57.76
Nov 01 to 15, 2010 7.94 million $60.97 to $58.07
Oct 16 to 31, 2010 7.50 million $61.95 to $59.84
Oct 01 to 15, 2010 7.93 million $60.81 to $58.71
Sept 16 to 30, 2010 7.70 million $60.99 to $58.84
Sept 01 to 15, 2010 7,738,169 $62.11 to $58.56
Aug 16 to 31, 2010 8,660,201 $59.54 to $54.35
Aug 01 to 15, 2010 7,633,645 $63.46 to $58.92
July 16 to 30, 2010 7,547,939 $63.84 to $60.19
July 01 to 15, 2010 8.23 million $62.19 to $57.20
June 16 to 30, 2010 8,015,364 $63.49 to $56.90
June 01 to 15, 2010 8,339,983 $63.94 to $59.49
May 16 to 31, 2010 8,261,095 $62.50 to $57.90
May 01 to 15, 2010 6,476,304 $63.62 to $55.75
Apr 16 to 30, 2010 6,960,950 $65.71 to $62.89
Apr 01 to 15, 2010 8,742,663 $63.97 to $60.50
Mar 16 to 31, 2010 8,711,496 $62.60 to $60.40
Mar 01 to 15, 2010 7,792,064 $60.43 to $56.00
Feb 16 to 28, 2010 7,653,260 $56.00 to $54.01
Feb 01 to 15, 2010 6,647,972 $53.98 to $51.11
Jan 16 to 31, 2010 6,673,722 $54.32 to $52.00
Jan 01 to 15, 2010 6,410,507 $56.24 to $53.08
Dec 16 to 31, 2009 5,384,251 $55.93 to $53.81
Dec 01 to 15, 2009 6,718,170 $55.00 to $52.51
Nov 16 to 30, 2009 6,351,147 $54.35 to $51.24
Nov 01 to 15, 2009 6,387,833 $52.05 to $49.78
Oct 16 to 30, 2009 6,300,912 $53.10 to $49.56
Oct 01 to 15, 2009 6,677,683 $54.39 to $51.67
Sept 16 to 30, 2009 6,391,011 $54.62 to $52.70
Sept 01 to 15, 2009 6,212,971 $52.98 to $50.22
Aug 17 to 31, 2009 6,909,517 $54.24 to $49.01
Aug 04 to 14, 2009 6,360,816 $54.75 to $50.23
July 16 to 30, 2009 6,801,013 $54.05 to $48.55
July 02 to 15, 2009 9,270,905 $49.68 to $45.15
June 16 to 30, 2009 9,830,653 $50.00 to $44.41
June 01 to 15, 2009 9,615,212 $45.77 to $43.96
May 19 to 29, 2009 9,630,147 $43.99 to $41.00
May 01 to 15, 2009 9,476,364 $45.24 to $38.86
Apr 16 to 30, 2009 10,124,198 $41.03 to $37.40
Apr 01 to 15, 2009 8,706,686 $38.92 to $32.15
Mar 16 to 31, 2009 8,546,924 $34.79 to $31.27
Mar 13, 2009 9,495,608 $32.28 to $26.14
Feb 27, 2009 8,755,361 $29.45 to $24.05
Feb 13, 2009 7,573,358 $32.95 to $29.35
Jan 31, 2009 7,851,326 $34.53 to $29.42
Jan 15, 2009 7,310,871 $34.79 to $30.71
Dec 31, 2008 5,503,740 $31.35 to $28.89
Dec 15, 2008 7,315,255 $36.94 to $32.02
Nov 28, 2008 6,556,012 $41.60 to $29.10
Nov 14, 2008 6,972,924 $45.00 to $40.00
Oct 31, 2008 6,657,469 $44.97 to $39.31