Bank of Montreal (BMO) Touches $80.02 High on Jan, 1; 5 Bullish Analysts Covering Persimmon plc (LON:PSN)

January 1, 2018 - By Linda Rogers

The stock of Bank of Montreal (NYSE:BMO) reached all time high today, Jan, 1 and still has $84.02 target or 5.00% above today’s $80.02 share price. This indicates more upside for the $52.48B company. This technical setup was reported by Barchart.com. If the $84.02 PT is reached, the company will be worth $2.62 billion more. The stock increased 0.10% or $0.08 during the last trading session, reaching $80.02. About 220,023 shares traded. Bank of Montreal (NYSE:BMO) has risen 10.44% since January 1, 2017 and is uptrending. It has underperformed by 6.26% the S&P500.

Among 21 analysts covering Persimmon PLC (LON:PSN), 5 have Buy rating, 6 Sell and 10 Hold. Therefore 24% are positive. Persimmon PLC had 201 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Persimmon plc (LON:PSN) has “Hold” rating given on Thursday, January 14 by Deutsche Bank. Canaccord Genuity maintained the shares of PSN in report on Friday, April 28 with “Buy” rating. The firm earned “Neutral” rating on Thursday, June 30 by Credit Suisse. The firm has “Hold” rating by Shore Capital given on Tuesday, August 22. As per Wednesday, November 4, the company rating was maintained by Shore Capital. The rating was maintained by Beaufort Securities on Thursday, July 6 with “Buy”. The stock of Persimmon plc (LON:PSN) earned “Buy” rating by UBS on Tuesday, September 20. As per Thursday, June 29, the company rating was maintained by Citigroup. As per Tuesday, February 28, the company rating was maintained by Deutsche Bank. Liberum Capital upgraded Persimmon plc (LON:PSN) rating on Friday, September 23. Liberum Capital has “Buy” rating and GBX 2100 target. See Persimmon plc (LON:PSN) latest ratings:

18/12/2017 Broker: Deutsche Bank Rating: Hold Old Target: GBX 2464.00 New Target: GBX 2464.00 Maintain
15/12/2017 Broker: Liberum Capital Rating: Hold Old Target: GBX 2382.00 New Target: GBX 2382.00 Maintain
14/12/2017 Broker: JP Morgan Rating: Overweight Old Target: GBX 2800.00 New Target: GBX 2950.00 Maintain
30/11/2017 Broker: Deutsche Bank Rating: Hold Old Target: GBX 2403.00 New Target: GBX 2464.00 Maintain
23/11/2017 Broker: Deutsche Bank Rating: Hold Maintain
09/11/2017 Broker: JP Morgan Rating: Overweight Maintain
08/11/2017 Broker: Canaccord Genuity Rating: Hold Old Target: GBX 2650.00 New Target: GBX 2650.00 Maintain
08/11/2017 Broker: Peel Hunt Rating: Hold Old Target: GBX 2720.00 New Target: GBX 2720.00 Maintain
08/11/2017 Broker: Shore Capital Rating: Sell Maintain
08/11/2017 Broker: Liberum Capital Rating: Hold Old Target: GBX 2382.00 New Target: GBX 2382.00 Maintain

The stock decreased 0.04% or GBX 1 during the last trading session, reaching GBX 2738. About 284,290 shares traded. Persimmon plc (LON:PSN) has 0.00% since January 1, 2017 and is . It has underperformed by 16.70% the S&P500.

Persimmon plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company has market cap of 8.45 billion GBP. The firm offers family homes under the Persimmon Homes brand name, as well as homes to housing associations under the Westbury Partnerships brand; manufactures premium homes under the Charles Church brand; and operates off-site manufacturing plant. It has a 12.27 P/E ratio.

Analysts await Bank of Montreal (NYSE:BMO) to report earnings on February, 27. They expect $1.58 earnings per share, down 7.60% or $0.13 from last year’s $1.71 per share. BMO’s profit will be $1.04B for 12.66 P/E if the $1.58 EPS becomes a reality. After $1.55 actual earnings per share reported by Bank of Montreal for the previous quarter, Wall Street now forecasts 1.94% EPS growth.

Among 12 analysts covering Bank Of Montreal (NYSE:BMO), 3 have Buy rating, 0 Sell and 9 Hold. Therefore 25% are positive. Bank Of Montreal had 28 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets maintained Bank of Montreal (NYSE:BMO) on Wednesday, August 24 with “Sector Perform” rating. Barclays Capital upgraded the shares of BMO in report on Tuesday, May 23 to “Equal-Weight” rating. Dundee Securities initiated the stock with “Neutral” rating in Wednesday, September 21 report. As per Wednesday, August 26, the company rating was maintained by RBC Capital Markets. The rating was downgraded by Credit Suisse to “Neutral” on Tuesday, March 8. As per Wednesday, August 26, the company rating was maintained by National Bank Canada. The stock of Bank of Montreal (NYSE:BMO) has “Hold” rating given on Thursday, May 26 by TD Securities. Canaccord Genuity upgraded Bank of Montreal (NYSE:BMO) on Wednesday, December 7 to “Buy” rating. As per Tuesday, October 4, the company rating was downgraded by Credit Suisse. The firm has “Sector Perform” rating given on Thursday, May 25 by RBC Capital Markets.

Bank of Montreal provides diversified financial services primarily in North America. The company has market cap of $52.48 billion. It operates through three groups: Personal and Commercial Banking, Wealth Management, and BMO Capital Markets. It has a 12.71 P/E ratio. The companyÂ’s personal banking services and products include checking and savings accounts, credit cards, mortgages, creditor insurance, and financial and investment advice; and commercial banking services and products comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, and specialized banking programs for small business and commercial banking customers.