M&T Bank Corporation (MTB) Stock Forecast & Price Target
M&T Bank Corporation · NYSE
$252.61+4.33 (+1.74%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 17 firms covering M&T Bank Corporation, 5 rate it Buy or better, 11 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $224.00 to $268.00, so the covering firms are broadly aligned. The average target of $250.84 sits 1% below the current $252.61. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $4.97 next quarter toward $21.04 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS17 ratings
Moderate Buy
Strong Buy00%
Buy529%
Hold1165%
Sell16%
Strong Sell00%
Based on 17 analysts giving stock ratings to M&T Bank Corporation.
As of Jul, 5 of 17 firms rate MTB a Buy (11 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
MTB EPS & revenue forecast
EPS · NEXT QUARTER
$4.97
Range $4.77 – $5.25 · 12 analysts · +6% YoY
Next period, 12 analysts expect M&T Bank Corporation to earn $4.97 a share (range $4.77 – $5.25), versus $4.67 a year earlier. Full-year consensus is $19.30, growing to $21.04 the year after.
REVENUE · NEXT QUARTER
$2.5B
Range $2.5B – $2.6B · 12 analysts · +3% YoY
Revenue is expected to reach $2.5B (range $2.5B – $2.6B), +2.6% year-over-year. Full-year consensus is $10.0B, rising to $10.4B next year.
Top analysts covering M&T Bank Corporation
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MTB.
#1
Manan Gosalia
Morgan Stanley
Hold
$253.00+0.2% to target
Coverage
—
+ Follow
#2
Gerard Cassidy
RBC Capital
Buy
$255.00+0.9% to target
Coverage
—
+ Follow
#3
Dave Rochester
Cantor Fitzgerald
Buy
$262.00+3.7% to target
Coverage
—
+ Follow
#4
AD
Andrew Dietrich
JP Morgan
Hold
$251.50-0.4% to target
Coverage
—
+ Follow
#5
PW
Peter Winter
DA Davidson
Hold
$266.00+5.3% to target
Coverage
—
+ Follow
MTB stock forecast FAQ
What is MTB's average 12-month price target?+
The 16 analysts with a live target average $250.84 for M&T Bank Corporation over the next 12 months, ranging from a $268.00 high to a $224.00 low.
Is MTB stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 17 analyst ratings, 5 are Buy or Strong Buy, 11 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for MTB?+
The Street-high target is $268.00 (Truist Securities), and the Street-low is $224.00 (Wells Fargo). The average of all 16 active targets is $250.84.
How many Wall Street analysts cover MTB?+
17 analysts have an active rating on M&T Bank Corporation, and 16 firms carry a live 12-month price target.
Who is the most accurate analyst covering MTB?+
Among analysts who currently cover MTB, Manan Gosalia of Morgan Stanley has the strongest overall Quantellect track record. Their current call is Hold with a $253.00 target.
What is M&T Bank Corporation's projected EPS for next quarter?+
The consensus estimate is $4.97 per share (range $4.77 – $5.25) across 12 analysts. Full-year EPS is projected at $19.30, rising to $21.04 the following year.
How much revenue is M&T Bank Corporation expected to report next quarter?+
Consensus revenue is $2.5B (range $2.5B – $2.6B). Full-year revenue is projected at $10.0B, growing to $10.4B next year.
Have analysts been upgrading or downgrading MTB lately?+
As of Jul, 5 of 17 firms rate MTB a Buy (11 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MTB calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
