M&T Bank (MTB)
(Delayed Data from NYSE)
$168.68 USD
+4.05 (2.46%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $169.00 +0.32 (0.19%) 7:58 PM ET
3-Hold of 5 3
B Value F Growth D Momentum D VGM
M&T Bank Corporation (MTB) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$182.30 | $220.00 | $154.00 | 10.73% |
Price Target
Based on short-term price targets offered by 20 analysts, the average price target for M&T Bank Corporation comes to $182.30. The forecasts range from a low of $154.00 to a high of $220.00. The average price target represents an increase of 10.73% from the last closing price of $164.63.
Analyst Price Targets (20)
Broker Rating
M&T Bank Corporation currently has an average brokerage recommendation (ABR) of 2.19 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 21 brokerage firms. The current ABR compares to an ABR of 2.16 a month ago based on 22 recommendations.
Of the 21 recommendations deriving the current ABR, nine are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 42.86% and 4.76% 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 | 9 | 9 | 8 | 8 | 8 |
Buy | 1 | 1 | 2 | 2 | 2 |
Hold | 10 | 11 | 12 | 12 | 12 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 0 | 0 | 0 |
ABR | 2.19 | 2.23 | 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 |
---|---|---|---|---|
8/14/2024 | Wells Fargo Securities | Michael L Mayo | Hold | Strong Sell |
7/22/2024 | Argus Research Corp. | Stephen Biggar | Strong Buy | Strong Buy |
7/19/2024 | Goldman Sachs | Ryan M Nash | Hold | Hold |
7/19/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/19/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
7/19/2024 | D.A. Davidson | Peter Winter | Hold | Hold |
7/19/2024 | Robert W. Baird & Co. | David A George | Strong Buy | Strong Buy |
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 |
4/8/2024 | Not Identified | Not Identified | 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 |
1/17/2024 | UBS | Erika Najarian | Hold | Hold |
1/2/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
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 | 2.19 |
ABR (Last week) | 2.23 |
# of Recs in ABR | 21 |
Average Target Price | $182.30 |
LT Growth Rate | 3.50% |
Industry | Banks - Major Regional |
Industry Rank by ABR | 42 of 253 |
Current Quarter EPS Est: | 3.61 |