M&T Bank Corporation Share Price Target ‘$177.49’, now 11.0% Upside Potential

Broker Ratings
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M&T Bank Corporation with ticker code (MTB) now have 19 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $208.00 and $127.05 calculating the average target share price we see $177.49. (at the time of writing). Now with the previous closing price of $159.97 this now indicates there is a potential upside of 11.0%. There is a 50 day moving average of $154.57 and the 200 day moving average is $140.87. The market capitalization for the company is 26.77B. The stock price is currently at: $160.31 USD

The potential market cap would be $29,704,005,087 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 11.89, revenue per share of $50.94 and a 1.13% return on assets.

M&T Bank Corporation is a bank holding company. The Company’s bank subsidiaries include Manufacturers and Traders Trust Company and Wilmington Trust, N.A. It offers retail and commercial banking, and others. Its segments include Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking and Retail Banking. Business Banking segment provides business loans and leases, including business credit cards, deposit products, and financial services. Commercial Banking segment provides credit products and banking services for middle-market and commercial customers. Discretionary Portfolio includes investment and trading account securities, residential real estate loans and other assets. Residential Mortgage Banking segment services residential mortgage loans and sells loans in secondary market to investors. Retail Banking segment offers services through delivery channels, which include branch offices, automated teller machines, and others.

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