M&T Bank Corporation (MTB)
NYSE: MTB · Real-Time Price · USD
216.62
+3.10 (1.45%)
Nov 21, 2024, 4:00 PM EST - Market closed
M&T Bank Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for M&T Bank stock have an average target of 202.5, with a low estimate of 145 and a high estimate of 232. The average target predicts a decrease of -6.52% from the current stock price of 216.62.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for M&T Bank stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 4 | 4 | 4 | 5 | 7 | 7 |
| Hold | 9 | 9 | 8 | 7 | 6 | 6 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 15 | 15 | 15 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell Maintains $190 → $205 | Sell | Maintains | $190 → $205 | -5.36% | Nov 15, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $210 → $232 | Buy | Maintains | $210 → $232 | +7.10% | Oct 30, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $192 → $207 | Hold | Maintains | $192 → $207 | -4.44% | Oct 21, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $165 → $190 | Sell | Maintains | $165 → $190 | -12.29% | Oct 18, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $188 → $218 | Strong Buy | Maintains | $188 → $218 | +0.64% | Oct 18, 2024 |
Financial Forecast
Revenue This Year
9.36B
Revenue Next Year
9.70B
from 9.36B
Increased by 3.63%
EPS This Year
14.75
from 15.79
Decreased by -6.56%
EPS Next Year
16.44
from 14.75
Increased by 11.40%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.9B | 10.3B | 10.8B | ||
| Avg | 9.4B | 9.7B | 10.1B | ||
| Low | 9.0B | 9.2B | 9.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 9.6% | 11.0% | ||
| Avg | - | 3.6% | 4.3% | ||
| Low | - | -1.5% | -1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.94 | 17.85 | 20.81 | ||
| Avg | 14.75 | 16.44 | 18.59 | ||
| Low | 14.05 | 15.37 | 15.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.9% | 21.0% | 26.6% | ||
| Avg | -6.6% | 11.4% | 13.1% | ||
| Low | -11.0% | 4.1% | -5.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.