M&T Bank (MTB)
(Delayed Data from NYSE)
$165.25 USD
-2.13 (-1.27%)
Updated Jul 19, 2024 04:00 PM ET
3-Hold of 5 3
B Value F Growth F Momentum F VGM
M&T Bank Corporation (MTB) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$164.67 | $185.00 | $133.65 | -0.35% |
Price Target
Based on short-term price targets offered by 19 analysts, the average price target for M&T Bank Corporation comes to $164.67. The forecasts range from a low of $133.65 to a high of $185.00. The average price target represents a decline of 0.35% from the last closing price of $165.25.
Analyst Price Targets (19)
Broker Rating
M&T Bank Corporation currently has an average brokerage recommendation (ABR) of 2.16 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 22 brokerage firms. The current ABR compares to an ABR of 2.16 a month ago based on 22 recommendations.
Of the 22 recommendations deriving the current ABR, eight are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 36.36% and 9.09% of all recommendations. A month ago, Strong Buy made up 36.36%, while Buy represented 9.09%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/MTB.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 8 | 8 | 8 | 8 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 12 | 12 | 12 | 12 | 12 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.16 | 2.16 | 2.16 | 2.16 | 2.16 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/11/2024 | Wedbush Securities | David J Chiaverini | Strong Buy | Strong Buy |
6/27/2024 | Keefe Bruyette & Woods | David J Konrad | Hold | Hold |
6/25/2024 | Evercore Partners | John Pancari | Hold | Hold |
6/12/2024 | Piper Sandler | Frank Schiraldi | Strong Buy | Strong Buy |
5/6/2024 | Not Identified | Not Identified | Hold | Hold |
4/16/2024 | Robert W. Baird & Co. | David A George | Strong Buy | Strong Buy |
4/16/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
4/8/2024 | Not Identified | Not Identified | Hold | Hold |
3/28/2024 | Wells Fargo Securities | Michael L Mayo | Hold | Hold |
3/15/2024 | Argus Research Corp. | Stephen Biggar | Strong Buy | Strong Buy |
3/6/2024 | D.A. Davidson | Peter Winter | Hold | Hold |
2/27/2024 | Compass Point Research & Trading | David P Rochester | Not Available | Strong Buy |
2/7/2024 | Not Identified | Not Identified | Hold | Hold |
2/5/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1/17/2024 | UBS | Erika Najarian | Hold | Hold |
1/2/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1/2/2024 | Goldman Sachs | Ryan M Nash | Hold | Hold |
9/29/2023 | Not Identified | Not Identified | Not Available | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.16 |
ABR (Last week) | 2.16 |
# of Recs in ABR | 22 |
Average Target Price | $164.67 |
LT Growth Rate | 3.10% |
Industry | Banks - Major Regional |
Industry Rank by ABR | 31 of 252 |
Current Quarter EPS Est: | 3.60 |