Analyst Ratings for M&T Bank Corp. (MTB)

Updated: 2017-07-29

An average rating of Hold has been given to M&T Bank Corp. (NYSE:MTB) by analysts covering the stock. Last month, MTB received an average rating of Hold.

A buy rating was issued by 3 analysts, 1 gave an overweight rating, 16 gave a hold rating, 2 gave an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for MTB. The most optimistic analyst gave a price target of 186, implying a possible profit of 15.82 percent. The most pessimistic analyst gave a price target of 130, implying a possible loss of -19.05 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.06 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 1.49 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.82 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.48 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 6 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts made negative revisions. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts decreased their estimates.

The growth rate of MTB's earnings is estimated by analysts to be 9 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of MTB is 2.09.

MTB has a 52-week high of 173.72 and a 52-week low of 111.82. The current market price is above the trailing year's low by 43.61 percent, and 7.56 percent below the high. MTB has a P/E ratio of 18.78. Investors typically compare the P/E ratio to a company's peers in the industry. The MTB value stock report compares MTB to some of its peers using value stock charts. The market cap of MTB is $24.26 billion. MTB will post this quarters earnings in days, on 0000-00-00.