Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
M&T Bank Corp has a consensus price target of $179.57 based on the ratings of 26 analysts. The high is $220 issued by Morgan Stanley on August 5, 2024. The low is $133.65 issued by Odeon Capital on September 29, 2023. The 3 most-recent analyst ratings were released by JP Morgan, Wells Fargo, and Morgan Stanley on September 3, 2024, August 15, 2024, and August 5, 2024, respectively. With an average price target of $200 between JP Morgan, Wells Fargo, and Morgan Stanley, there's an implied 11.50% upside for M&T Bank Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for M&T Bank (NYSE:MTB) was reported by JP Morgan on September 3, 2024. The analyst firm set a price target for $215.00 expecting MTB to rise to within 12 months (a possible 19.86% upside). 39 analyst firms have reported ratings in the last year.
The latest analyst rating for M&T Bank (NYSE:MTB) was provided by JP Morgan, and M&T Bank upgraded their overweight rating.
The last upgrade for M&T Bank Corp happened on September 3, 2024 when JP Morgan raised their price target to $215. JP Morgan previously had a neutral for M&T Bank Corp.
The last downgrade for M&T Bank Corp happened on August 15, 2024 when Wells Fargo changed their price target from $170 to $165 for M&T Bank Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of M&T Bank, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for M&T Bank was filed on September 3, 2024 so you should expect the next rating to be made available sometime around September 3, 2025.
While ratings are subjective and will change, the latest M&T Bank (MTB) rating was a upgraded with a price target of $183.00 to $215.00. The current price M&T Bank (MTB) is trading at is $179.38, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.