M&T Bank Corporation (MTB)
NYSE: MTB · Real-Time Price · USD
191.03
+0.12 (0.06%)
Dec 26, 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 219.34, with a low estimate of 161 and a high estimate of 250. The average target predicts an increase of 14.82% from the current stock price of 191.03.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 4 | 4 | 5 | 7 | 7 | 6 |
| Hold | 9 | 8 | 7 | 6 | 7 | 8 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Compass Point | Compass Point | Hold Maintains $220 → $250 | Hold | Maintains | $220 → $250 | +30.87% | Dec 10, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $205 → $221 | Hold | Maintains | $205 → $221 | +15.69% | Dec 4, 2024 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades $215 → $224 | Buy → Hold | Downgrades | $215 → $224 | +17.00% | Dec 4, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $205 → $243 | Buy | Maintains | $205 → $243 | +27.21% | Nov 27, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $216 → $243 | Hold | Maintains | $216 → $243 | +27.21% | Nov 26, 2024 |
Financial Forecast
Revenue This Year
9.37B
Revenue Next Year
9.73B
from 9.37B
Increased by 3.91%
EPS This Year
14.75
from 15.79
Decreased by -6.58%
EPS Next Year
16.47
from 14.75
Increased by 11.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 10.1% | 10.9% | |||
| Avg | - | 3.9% | 4.2% | |||
| Low | - | -1.5% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 15.94 | 17.85 | 20.93 | |||
| Avg | 14.75 | 16.47 | 18.65 | |||
| Low | 14.05 | 15.37 | 15.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 0.9% | 21.0% | 27.1% | |||
| Avg | -6.6% | 11.6% | 13.3% | |||
| Low | -11.0% | 4.2% | -5.1% |
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.