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    BMO   CA0636711016

BANK OF MONTREAL

(BMO)
  Report
Delayed Quote. Delayed Toronto Stock Exchange - 01/17 03:05:22 pm
149.74 CAD   +1.07%
12:19pBMO on Bank of Canada's Q4 BOS, Survey of Consumer Expectations
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07:47aBMO on The Day and Week Ahead in Canada
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07:21aBMO's Markets Wrap; US and Canada
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TSX posts biggest weekly drop since January on Omicron uncertainty

12/03/2021 | 04:35pm EST

* TSX ends down 128.76 points, or 0.6%, at 20,633.27

* Index falls 2.3% for the week

* Technology declines 2.5%; healthcare ends down 2.6%

* Bank of Montreal adds 2.4% after earnings beat

TORONTO, Dec 3 (Reuters) - Canada's main stock index fell on Friday as concern that the Omicron coronavirus variant will clip global economic activity eclipsed encouraging domestic jobs data, with the index adding to this week's decline.

The Toronto Stock Exchange's S&P/TSX composite index ended down 128.76 points, or 0.6%, at 20,633.27. For the week, the index was down 2.3%, its third straight decline and its biggest since January.

"Economic activity is going to fall from here," said Barry Schwartz, portfolio manager at Baskin Financial Services. "This new variant has got everybody scared."

"No one wants to be brave and take a stance until it's clear what the next steps are going to be."

Canada's economy posted an unexpectedly large job gain in November, driving the jobless rate down and hours worked up to pre-pandemic levels, but economists say it is unlikely to change the Bank of Canada's guidance amid worries over the new variant.

The technology sector was among the biggest decliners, falling 2.5%, while healthcare was down 2.6% as shares of pot producers lost ground.

Bank of Montreal added 2.4% as its quarterly earnings topped market expectations and the lender joined rivals in raising its dividend and announcing a share buyback program.

Still, financials lost 0.3% as did the energy sector, with oil giving back its earlier gains to settle 0.4% lower on growing worries that rising coronavirus cases and the new variant could reduce global oil demand.

"If we start to see more restrictions coming and lockdowns, then that could obviously have a negative impact on the market," said Colin Cieszynski, chief market strategist at SIA Wealth Management. (Reporting by Fergal Smith; Additional reporting by Amal S in Bengaluru)


ę Reuters 2021
All news about BANK OF MONTREAL
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Financials
Sales 2022 26 818 M 21 411 M 21 411 M
Net income 2022 7 997 M 6 385 M 6 385 M
Net Debt 2022 - - -
P/E ratio 2022 11,8x
Yield 2022 3,68%
Capitalization 96 051 M 76 740 M 76 687 M
Capi. / Sales 2022 3,58x
Capi. / Sales 2023 3,38x
Nbr of Employees 43 863
Free-Float -
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Technical analysis trends BANK OF MONTREAL
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 148,16 CAD
Average target price 155,10 CAD
Spread / Average Target 4,68%
EPS Revisions
Managers and Directors
Darryl White Chief Executive Officer & Director
Tayfun Tuzun Chief Financial Officer
George Alexander Cope Chairman
Steven Tennyson Co-COO & Chief Technology Officer
Cameron Fowler Co-COO & Chief Strategy Officer
Sector and Competitors