M&T Bank Corporation (MTB)
NYSE: MTB · Real-Time Price · USD
175.28
+2.62 (1.52%)
Sep 26, 2024, 4:00 PM EDT - Market closed
M&T Bank Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for M&T Bank stock have an average target of 179.98, with a low estimate of 133.65 and a high estimate of 220. The average target predicts an increase of 2.68% from the current stock price of 175.28.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for M&T Bank stock from 15 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 1 | 2 | 2 | 2 |
| Buy | 4 | 4 | 4 | 4 | 4 | 5 |
| Hold | 10 | 10 | 9 | 9 | 8 | 7 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 14 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Maintains $208 → $210 | Buy | Maintains | $208 → $210 | +19.81% | Sep 24, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $183 → $215 | Hold → Buy | Upgrades | $183 → $215 | +22.66% | Sep 3, 2024 |
| Wells Fargo | Wells Fargo | Hold → Sell Downgrades $170 → $165 | Hold → Sell | Downgrades | $170 → $165 | -5.86% | Aug 15, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $195 → $220 | Buy | Maintains | $195 → $220 | +25.51% | Aug 5, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $180 → $183 | Hold | Maintains | $180 → $183 | +4.40% | Jul 23, 2024 |
Financial Forecast
Revenue This Year
9.33B
Revenue Next Year
9.67B
from 9.33B
Increased by 3.58%
EPS This Year
14.32
from 15.79
Decreased by -9.30%
EPS Next Year
16.33
from 14.32
Increased by 14.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.8B | 10.3B | 10.7B | ||
| Avg | 9.3B | 9.7B | 10.0B | ||
| Low | 9.0B | 9.2B | 9.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 10.0% | 10.7% | ||
| Avg | - | 3.6% | 3.5% | ||
| Low | - | -1.4% | -2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.28 | 17.75 | 20.75 | ||
| Avg | 14.32 | 16.33 | 18.53 | ||
| Low | 13.54 | 14.53 | 16.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -3.2% | 23.9% | 27.0% | ||
| Avg | -9.3% | 14.0% | 13.4% | ||
| Low | -14.2% | 1.5% | 1.8% |
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.