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.

Many analysts weighed in on price targets for MTB. The most optimistic analyst gave a price target of 186, implying potential capital gains of 15.82 percent. The most pessimistic analyst gave a price target of 130, which equates to a potential downside of -19.05 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 1.06 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.49 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.82 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.48 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 6 analysts made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. Also over the last month, 5 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.

The growth rate of MTB's earnings is estimated by analysts to be 9 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of MTB is 2.09.

MTB has traded between a high of 173.72 and a low of 111.82 over the past year. Currently the stock is 43.61 percent higher than its low, and 7.56 percent lower than its 52-week 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 stock has a market capitalization of $24.26 billion. MTB will post this quarters earnings in days, on 0000-00-00.