M&T Bank (MTB) Stock Forecast & Price Target

$189.48 +4.06 (+2.19%)

(As of 12/20/2024 05:40 PM ET)

M&T Bank - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 16 Analyst Ratings

Sell
1

Hold
8

Buy
7

Based on 16 Wall Street analysts who have issued ratings for M&T Bank in the last 12 months, the stock has a consensus rating of "Hold." Out of the 16 analysts, 1 has given a sell rating, 8 have given a hold rating, and 7 have given a buy rating for MTB.

Consensus Price Target

$215.50
13.73% Upside

According to the 16 analysts' twelve-month price targets for M&T Bank, the average price target is $215.50. The highest price target for MTB is $250.00, while the lowest price target for MTB is $154.00. The average price target represents a forecasted upside of 13.73% from the current price of $189.48.

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MTB Analyst Ratings Over Time

Type	Current Forecast 12/24/23 to 12/23/24	1 Month Ago 11/24/23 to 11/23/24	3 Months Ago 9/25/23 to 9/24/24	1 Year Ago 12/24/22 to 12/24/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	9 Buy rating(s)	7 Buy rating(s)	6 Buy rating(s)
Hold	8 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$215.50	$199.65	$178.35	$144.13
Forecasted Upside	13.73% Upside	-9.71% Downside	2.00% Upside	5.57% Upside
Consensus Rating	Hold	Moderate Buy	Hold	Hold

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MTB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MTB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

M&T Bank Stock vs. The Competition

Type	M&T Bank	Finance Companies	S&P 500
Consensus Rating Score	2.38	2.50	2.51
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	13.73% Upside	18.67% Upside	14.53% Upside
News Sentiment Rating	Neutral News See Recent MTB News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/10/2024	Compass Point 5 of 5 stars		Boost Target	Neutral ➝ Neutral	$220.00 ➝ $250.00	+20.12%
12/4/2024	Keefe, Bruyette & Woods 4 of 5 stars		Boost Target	Market Perform ➝ Market Perform	$205.00 ➝ $221.00	+4.90%
12/4/2024	JPMorgan Chase & Co. 3 of 5 stars		Reiterated Rating	Overweight ➝ Neutral	$215.00 ➝ $223.50	+4.30%
11/27/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$205.00 ➝ $243.00	+9.38%
11/26/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$216.00 ➝ $243.00	+9.48%
11/25/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Horowitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$220.00 ➝ $230.00	+4.02%
Get the Latest News and Ratings for MTB and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for M&T Bank and its competitors with MarketBeat's FREE daily newsletter.
11/15/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Mayo Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$190.00 ➝ $205.00	-3.88%
10/30/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Pancari Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$210.00 ➝ $232.00	+17.17%
10/21/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$192.00 ➝ $207.00	+6.77%
10/18/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$188.00 ➝ $218.00	+10.23%
10/18/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$170.00 ➝ $228.00	+15.53%
10/18/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Gerald Cassidy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$190.00 ➝ $208.00	+3.75%
10/4/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Carcache Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform	$210.00	+21.85%
9/24/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$208.00 ➝ $210.00	+20.07%
8/5/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$195.00 ➝ $220.00	+36.62%
7/3/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$160.00 ➝ $161.00	+7.44%
1/17/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$139.00 ➝ $154.00	+18.43%
12/18/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$145.00	+1.57%
9/29/2023	Odeon Capital Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$133.65	+5.48%
4/18/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$150.00	+19.37%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 09:16 AM ET.

Should I Buy M&T Bank Stock? MTB Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, December 13, 2024. Please send any questions or comments about these M&T Bank pros and cons to contact@marketbeat.com.

M&T Bank
Bull Case

Here are some ways that investors could benefit from investing in M&T Bank Co.:

M&T Bank Co. recently reported strong quarterly earnings, with earnings per share of $4.08, surpassing the consensus estimate of $3.60. This indicates robust financial performance and effective management.
The company has declared a quarterly dividend of $1.35, which translates to an annualized dividend of $5.40 and a yield of 2.56%. This consistent dividend payment can provide a steady income stream for investors.
With a current stock price around $210, M&T Bank Co. is positioned well within its 12-month trading range, which has seen a high of $225.70. This suggests potential for capital appreciation.
Analysts have a consensus rating of "Hold" for M&T Bank Co., with several upgrades in price targets, indicating positive sentiment and potential for future growth.
The company has a relatively low debt-to-equity ratio of 0.44, suggesting a conservative approach to leverage, which can be appealing to risk-averse investors.

M&T Bank
Bear Case

Investors should be bearish about investing in M&T Bank Co. for these reasons:

Despite recent upgrades, one analyst has rated the stock with a "sell" rating, indicating some skepticism about its future performance.
The company's quick ratio and current ratio are both at 0.99, which are below 1.0. This suggests that M&T Bank Co. may face challenges in meeting short-term liabilities, raising concerns about liquidity.
The price-to-earnings ratio of 15.64, while reasonable, may indicate that the stock is fully valued, limiting upside potential for new investors.
With 84.68% of the stock owned by hedge funds and institutional investors, retail investors may have less influence on stock price movements, which can be a concern for individual investors.
The market capitalization of $35.05 billion indicates a large company, which may limit growth opportunities compared to smaller, more agile firms in the financial sector.

MTB Forecast - Frequently Asked Questions

: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for M&T Bank is $215.50, with a high forecast of $250.00 and a low forecast of $154.00.
: 16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for M&T Bank in the last year. There is currently 1 sell rating, 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MTB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MTB, but not buy additional shares or sell existing shares.
: According to analysts, M&T Bank's stock has a predicted upside of 13.73% based on their 12-month stock forecasts.
: Over the previous 90 days, M&T Bank's stock had 2 upgrades and 1 downgrade by analysts.
: M&T Bank has been rated by research analysts at Bank of America, Barclays, Citigroup, Compass Point, DA Davidson, Evercore ISI, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Piper Sandler, Royal Bank of Canada, The Goldman Sachs Group, Wedbush, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like M&T Bank less than other "finance" companies. The consensus rating score for M&T Bank is 2.38 while the average consensus rating score for "finance" companies is 2.50. Learn more on how MTB compares to other companies.

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This page (NYSE:MTB) was last updated on 12/23/2024 by MarketBeat.com Staff

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M&T Bank (MTB) Stock Forecast & Price Target