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 range between the high target price and low target price is between $220.00 and $127.05 suggesting an average analyst share price target price of $178.80. (at the time of writing). Given that the stocks previous close was at $162.23 this would indicate that there is a potential upside of 10.2%. The 50 day moving average now sits at $155.59 and the 200 day moving average is $141.81. The market capitalization for the company is 26.72B. The current share price for the company is: $160.01 USD
The potential market cap would be $29,451,165,843 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 11.86, 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.
