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Analysts Have Conflicting Sentiments on These Financial Companies: National Bank of Canada (OtherNTIOF) and Bank Of Montreal (BMO)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on National Bank of Canada (NTIOFResearch Report) and Bank Of Montreal (BMOResearch Report).

National Bank of Canada (NTIOF)

RBC Capital analyst Darko Mihelic maintained a Hold rating on National Bank of Canada yesterday and set a price target of C$105.00. The company’s shares closed last Friday at $69.88.

According to TipRanks.com, Mihelic is a 4-star analyst with an average return of 5.9% and a 59.2% success rate. Mihelic covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, Toronto Dominion Bank, and Canadian Western Bank.

National Bank of Canada has an analyst consensus of Moderate Buy, with a price target consensus of $74.83, implying an 8.1% upside from current levels. In a report issued on November 21, Scotiabank also downgraded the stock to Hold with a C$97.00 price target.

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Bank Of Montreal (BMO)

Scotiabank analyst Meny Grauman maintained a Buy rating on Bank Of Montreal today and set a price target of C$135.00. The company’s shares closed last Friday at $84.22.

According to TipRanks.com, Grauman is a 3-star analyst with an average return of 3.6% and a 52.8% success rate. Grauman covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Canadian Western Bank.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bank Of Montreal with a $94.20 average price target, which is a 15.6% upside from current levels. In a report issued on November 21, RBC Capital also maintained a Buy rating on the stock with a C$134.00 price target.

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