TSX:BMOBanks
BMO (TSX:BMO) Stock May Be About Right On Its Australia Deal
After a strong five year total return of 143.9%, Bank of Montreal stock no longer looks obviously cheap, with the current intrinsic value estimate from the Excess Returns model and market based multiples both pointing to a price that is broadly in line with what the fundamentals suggest.
Over the last 5 years, Bank of Montreal has delivered a 143.9% total return, which puts extra focus on whether recent gains simply reflect business progress or have pulled the shares ahead of intrinsic...