M&T Bank Corporation (MTB)
NYSE: MTB · IEX Real-Time Price · USD
145.44
+0.64 (0.44%)
Mar 28, 2024, 4:00 PM EDT - Market closed
M&T Bank Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for M&T Bank stock have an average target of 151.69, with a low estimate of 133 and a high estimate of 179. The average target predicts an increase of 4.30% from the current stock price of 145.44.
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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Buy | 5 | 5 | 3 | 4 | 4 | 4 |
Hold | 9 | 9 | 9 | 9 | 9 | 9 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 17 | 17 | 15 | 16 | 16 | 16 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Evercore ISI Group | Evercore ISI Group | Hold Maintains $146 → $157 | Hold | Maintains | $146 → $157 | +7.95% | Mar 28, 2024 |
DA Davidson | DA Davidson | Hold Reiterates $159 | Hold | Reiterates | $159 | +9.32% | Mar 6, 2024 |
Morgan Stanley | Morgan Stanley | Buy Maintains $160 → $179 | Buy | Maintains | $160 → $179 | +23.07% | Feb 7, 2024 |
DA Davidson | DA Davidson | Hold Maintains $163 → $159 | Hold | Maintains | $163 → $159 | +9.32% | Jan 19, 2024 |
Piper Sandler | Piper Sandler | Buy Maintains $156 → $152 | Buy | Maintains | $156 → $152 | +4.51% | Jan 19, 2024 |
Financial Forecast
Revenue This Year
9.19B
from 9.00B
Increased by 2.18%
Revenue Next Year
9.49B
from 9.19B
Increased by 3.23%
EPS This Year
14.19
from 15.79
Decreased by -10.14%
EPS Next Year
16.14
from 14.19
Increased by 13.73%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 9.7B | 10.1B | 10.6B | 10.3B |
Avg | 9.2B | 9.5B | 9.9B | 9.9B |
Low | 8.8B | 8.9B | 9.3B | 9.6B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 7.8% | 10.3% | 11.7% | 4.1% |
Avg | 2.2% | 3.2% | 4.2% | 0.1% |
Low | -1.9% | -2.7% | -2.2% | -2.9% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 16.72 | 17.96 | 22.31 |
Avg | 14.19 | 16.14 | 18.57 |
Low | 13.08 | 14.61 | 14.84 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 5.9% | 26.5% | 38.3% |
Avg | -10.1% | 13.7% | 15.1% |
Low | -17.1% | 3.0% | -8.1% |
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.