Analysts have been eager to weigh in on the Financial sector with new ratings on Bank Of Montreal (BMO – Research Report), CI Financial (CIXX – Research Report) and Summit Industrial Income REIT (SMMCF – Research Report).
Bank Of Montreal (BMO)
In a report issued on August 15, Darko Mihelic from RBC Capital maintained a Buy rating on Bank Of Montreal, with a price target of C$158.00. The company’s shares closed last Tuesday at $105.16.
According to TipRanks.com, Mihelic is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bank Of Montreal with a $118.07 average price target, representing a 14.5% upside. In a report issued on August 15, Barclays also maintained a Buy rating on the stock with a C$140.00 price target.
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CI Financial (CIXX)
RBC Capital analyst Geoffrey Kwan maintained a Hold rating on CI Financial on August 12 and set a price target of C$17.00. The company’s shares closed last Tuesday at $12.45.
According to TipRanks.com, Kwan is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CI Financial with a $14.98 average price target, which is a 21.0% upside from current levels. In a report issued on August 3, TD Securities also maintained a Hold rating on the stock with a C$14.50 price target.
Summit Industrial Income REIT (SMMCF)
In a report issued on August 12, Pammi Bir from RBC Capital maintained a Hold rating on Summit Industrial Income REIT, with a price target of C$21.50. The company’s shares closed last Tuesday at $14.91.
According to TipRanks.com, Bir is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Summit Industrial Income REIT with a $17.27 average price target.
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