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 maximum price target given was 186, implying a possible profit of 15.82 percent. The most pessimistic analyst gave a price target of 130, implying potential capital losses 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.06 percent. That number becomes 1.49 percent if we expand the time horizon to include the past 3 months instead of just one. 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, which can be compared to the 3 analysts that decreased their estimates. 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. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. 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. MTB has a PEG ratio of 2.09.

MTB has traded between a high of 173.72 and a low of 111.82 over the past year. The current market price is above the trailing year's low by 43.61 percent, and below the high by 7.56 percent. MTB has a price/earnings 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.