M&T Bank Corporation (MTB)
NYSE: MTB · Real-Time Price · USD
190.67
-1.58 (-0.82%)
Nov 4, 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 201.56, with a low estimate of 145 and a high estimate of 232. The average target predicts an increase of 5.71% from the current stock price of 190.67.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 1 | 2 | 2 | 2 | 2 |
| Buy | 4 | 4 | 4 | 4 | 5 | 7 |
| Hold | 10 | 9 | 9 | 8 | 7 | 6 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 14 | 15 | 15 | 15 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $210 → $232 | Buy | Maintains | $210 → $232 | +21.68% | Oct 30, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $192 → $207 | Hold | Maintains | $192 → $207 | +8.56% | Oct 21, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $165 → $190 | Sell | Maintains | $165 → $190 | -0.35% | Oct 18, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $188 → $218 | Strong Buy | Maintains | $188 → $218 | +14.33% | Oct 18, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $190 → $216 | Hold | Maintains | $190 → $216 | +13.28% | Oct 18, 2024 |
Financial Forecast
Revenue This Year
9.35B
Revenue Next Year
9.70B
from 9.35B
Increased by 3.82%
EPS This Year
14.72
from 15.79
Decreased by -6.79%
EPS Next Year
16.47
from 14.72
Increased by 11.91%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.8B | 10.3B | 10.8B | ||
| Avg | 9.3B | 9.7B | 10.1B | ||
| Low | 9.0B | 9.2B | 9.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 9.8% | 11.0% | ||
| Avg | - | 3.8% | 4.4% | ||
| Low | - | -1.4% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.53 | 17.85 | 20.81 | ||
| Avg | 14.72 | 16.47 | 18.78 | ||
| Low | 14.05 | 15.68 | 17.59 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -1.6% | 21.3% | 26.3% | ||
| Avg | -6.8% | 11.9% | 14.0% | ||
| Low | -11.0% | 6.5% | 6.8% |
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.