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 highest price target was 186, implying potential capital gains of 15.82 percent. The most pessimistic price target was 130, implying potential capital losses of -19.05 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.82 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.48 percent in FY estimates.

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

MTB has an estimated earnings growth rate of 9 percent as forecasted by analysts. 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. PEG ratios below 1 are often considered desirable, 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. Today's price is 43.61 percent above the 52-week low, and 7.56 percent below the high. 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 market cap of MTB is $24.26 billion. MTB's next earnings release will be on 0000-00-00, which is days away.