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M&T Bank

MTBNYSE
$167.98
2.731.65%
Last update: 10:53 AM
15 minutes delayed
Q2 2024 Earnings were released on Thu Jul 18th, before the market open
The most recent conference call was at 8:00 AM, 4 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$220.00
Lowest Price Target1
$133.65
Consensus Price Target1
$174.83

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M&T Bank (NYSE:MTB) Stock, Analyst Ratings, Price Targets, Forecasts

M&T Bank Corp has a consensus price target of $174.83 based on the ratings of 27 analysts. The high is $220 issued by Morgan Stanley on October 20, 2022. The low is $133.65 issued by Odeon Capital on September 29, 2023. The 3 most-recent analyst ratings were released by Piper Sandler, Citigroup, and RBC Capital on July 22, 2024, July 19, 2024, and July 19, 2024, respectively. With an average price target of $186.33 between Piper Sandler, Citigroup, and RBC Capital, there's an implied 10.93% upside for M&T Bank Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Feb
1
Mar
2
6
Apr
2
1
Jun
2
2
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Citigroup
RBC Capital
DA Davidson
Keefe, Bruyette & Woods

1calculated from analyst ratings

Analyst Ratings for M&T Bank

Buy NowGet Alert
07/22/2024Buy Now13.11%Piper Sandler
Frank Schiraldi
$164 → $190MaintainsOverweightGet Alert
07/19/2024Buy Now16.09%Citigroup
Keith Horowitz
$180 → $195MaintainsBuyGet Alert
07/19/2024Buy Now3.58%RBC Capital
Gerard Cassidy
$160 → $174MaintainsOutperformGet Alert
07/19/2024Buy Now10.13%DA Davidson
Peter Winter
$159 → $185MaintainsNeutralGet Alert
07/19/2024Buy Now7.16%Keefe, Bruyette & Woods
David Konrad
$170 → $180MaintainsMarket PerformGet Alert
07/03/2024Buy Now-4.16%Jefferies
Ken Usdin
$160 → $161MaintainsHoldGet Alert
06/27/2024Buy Now1.2%Keefe, Bruyette & Woods
David Konrad
$170 → $170MaintainsMarket PerformGet Alert
06/25/2024Buy Now0.01%Evercore ISI Group
John Pancari
$157 → $168MaintainsIn-LineGet Alert
06/21/2024Buy Now-2.37%Piper Sandler
Frank Schiraldi
$164 → $164MaintainsOverweightGet Alert
06/12/2024Buy Now-2.37%Piper Sandler
Frank Schiraldi
$152 → $164MaintainsOverweightGet Alert
06/04/2024Buy Now-4.75%Jefferies
Ken Usdin
$151 → $160MaintainsHoldGet Alert
04/16/2024Buy Now-4.75%RBC Capital
Gerard Cassidy
→ $160ReiteratesOutperform → OutperformGet Alert
04/16/2024Buy Now-5.35%DA Davidson
Peter Winter
$159 → $159MaintainsNeutralGet Alert
04/16/2024Buy Now1.2%Keefe, Bruyette & Woods
David Konrad
$162 → $170MaintainsMarket PerformGet Alert
04/16/2024Buy Now7.16%JP Morgan
Steven Alexopoulos
$170 → $180MaintainsNeutralGet Alert
04/16/2024Buy Now-10.7%Wells Fargo
Mike Mayo
$145 → $150MaintainsEqual-WeightGet Alert
04/16/2024Buy Now-4.75%B of A Securities
Ebrahim Poonawala
$157 → $160MaintainsBuyGet Alert
04/10/2024Buy Now1.2%Wedbush
David Chiaverini
→ $170ReiteratesOutperform → OutperformGet Alert
04/08/2024Buy Now-10.11%Jefferies
Ken Usdin
$154 → $151MaintainsHoldGet Alert
04/05/2024Buy Now-3.56%Keefe, Bruyette & Woods
David Konrad
$155 → $162MaintainsMarket PerformGet Alert
04/04/2024Buy Now1.2%JP Morgan
Steven Alexopoulos
$160 → $170MaintainsNeutralGet Alert
03/28/2024Buy Now-6.54%Evercore ISI Group
John Pancari
$146 → $157MaintainsIn-LineGet Alert
03/06/2024Buy Now-5.35%DA Davidson
Peter Winter
→ $159ReiteratesNeutral → NeutralGet Alert
02/07/2024Buy Now6.56%Morgan Stanley
Manan Gosalia
$160 → $179MaintainsOverweightGet Alert
01/19/2024Buy Now-5.35%DA Davidson
Peter Winter
$163 → $159MaintainsNeutralGet Alert
01/19/2024Buy Now-9.51%Piper Sandler
Frank Schiraldi
$156 → $152MaintainsOverweightGet Alert
01/19/2024Buy Now-4.75%RBC Capital
Gerard Cassidy
→ $160ReiteratesOutperform → OutperformGet Alert
01/02/2024Buy Now1.2%Barclays
Jason Goldberg
$150 → $170MaintainsEqual-WeightGet Alert
12/18/2023Buy Now-13.68%Deutsche Bank
Matt O'Connor
→ $145DowngradeBuy → HoldGet Alert
12/12/2023Buy Now-4.75%JP Morgan
Steven Alexopoulos
$147 → $160MaintainsNeutralGet Alert
12/04/2023Buy Now-4.75%Morgan Stanley
Manan Gosalia
$157 → $160MaintainsOverweightGet Alert
10/19/2023Buy Now-16.66%Wedbush
David Chiaverini
$147 → $140MaintainsOutperformGet Alert
09/29/2023Buy Now-20.44%Odeon Capital
Dick Bove
→ $133.65DowngradeBuy → HoldGet Alert
09/27/2023Buy Now-6.54%Morgan Stanley
Manan Gosalia
$155 → $157MaintainsOverweightGet Alert
09/11/2023Buy Now-4.75%RBC Capital
Gerard Cassidy
$175 → $160MaintainsOutperformGet Alert
07/21/2023Buy Now-7.73%Morgan Stanley
Manan Gosalia
$155 → $155ReiteratesOverweight → OverweightGet Alert
07/20/2023Buy Now-7.13%Wedbush
David Chiaverini
$149 → $156MaintainsOutperformGet Alert
07/07/2023Buy Now-7.73%Morgan Stanley
Manan Gosalia
$155 → $155ReiteratesOverweight → OverweightGet Alert
06/29/2023Buy Now-12.49%JP Morgan
Steven Alexopoulos
$133 → $147MaintainsNeutralGet Alert
06/15/2023Buy Now-7.73%Morgan Stanley
Manan Gosalia
$155 → $155Reiterates → OverweightGet Alert
06/15/2023Buy Now8.94%RBC Capital
Gerard Cassidy
→ $183ReiteratesOutperform → OutperformGet Alert
06/14/2023Buy Now-21.42%DA Davidson
Peter Winter
$138 → $132MaintainsNeutralGet Alert
06/09/2023Buy Now-10.7%Citigroup
Keith Horowitz
$155 → $150Reiterates → BuyGet Alert
05/16/2023Buy Now-7.73%Morgan Stanley
Manan Gosalia
$159 → $155MaintainsOverweightGet Alert
04/18/2023Buy Now-13.68%B of A Securities
Ebrahim Poonawala
$141 → $145MaintainsBuyGet Alert
04/18/2023Buy Now-10.7%Argus Research
Stephen Biggar
—UpgradeHold → BuyGet Alert
04/18/2023Buy Now-17.85%DA Davidson
Peter Winter
$141 → $138MaintainsNeutralGet Alert
04/18/2023Buy Now-20.82%JP Morgan
Steven Alexopoulos
$125 → $133MaintainsNeutralGet Alert
04/18/2023Buy Now-13.68%Wells Fargo
Christopher Spahr
$155 → $145MaintainsEqual-WeightGet Alert
04/10/2023Buy Now—UBS
Erika Najarian
—DowngradeBuy → NeutralGet Alert
04/05/2023Buy Now-5.35%Morgan Stanley
Manan Gosalia
$212 → $159MaintainsOverweightGet Alert
04/03/2023Buy Now-7.73%Wells Fargo
Whit Mayo
$165 → $155MaintainsEqual-WeightGet Alert
03/27/2023Buy Now-7.73%Citigroup
Keith Horowitz
$178 → $155UpgradeNeutral → BuyGet Alert
03/24/2023Buy Now8.94%RBC Capital
Gerard Cassidy
$190 → $183MaintainsOutperformGet Alert
03/23/2023Buy Now—Wolfe Research
Bill Carcache
—DowngradeOutperform → Peer PerformGet Alert
02/22/2023Buy Now5.96%Citigroup
Keith Horowitz
$160 → $178MaintainsNeutralGet Alert
01/23/2023Buy Now-4.75%JP Morgan
Steven Alexopoulos
$153 → $160MaintainsNeutralGet Alert
01/23/2023Buy Now26.21%Morgan Stanley
Manan Gosalia
$225 → $212MaintainsOverweightGet Alert
01/10/2023Buy Now2.25%Odeon Capital
Dick Bove
→ $171.76UpgradeHold → BuyGet Alert
01/03/2023Buy Now1.2%Wedbush
David Chiaverini
→ $170UpgradeNeutral → OutperformGet Alert
01/03/2023Buy Now15.49%Barclays
Jason Goldberg
$225 → $194DowngradeOverweight → Equal-WeightGet Alert
12/21/2022Buy Now-4.75%DA Davidson
Peter Winter
→ $160Initiates → NeutralGet Alert
12/16/2022Buy Now33.94%Morgan Stanley
Manan Gosalia
$235 → $225MaintainsOverweightGet Alert
12/13/2022Buy Now-8.92%JP Morgan
Steven Alexopoulos
$180 → $153MaintainsNeutralGet Alert
12/08/2022Buy Now-1.77%Wells Fargo
Christopher Spahr
$175 → $165MaintainsEqual-WeightGet Alert
12/07/2022Buy Now7.16%Keefe, Bruyette & Woods
David Konrad
$215 → $180DowngradeOutperform → Market PerformGet Alert
12/05/2022Buy Now39.9%Morgan Stanley
Manan Gosalia
$220 → $235MaintainsOverweightGet Alert
10/21/2022Buy Now7.16%Citigroup
Keith Horowitz
$200 → $180MaintainsNeutralGet Alert
10/20/2022Buy Now1.2%Wedbush
David Chiaverini
$187 → $170MaintainsNeutralGet Alert
10/20/2022Buy Now16.09%Piper Sandler
Frank Schiraldi
$210 → $195MaintainsOverweightGet Alert
10/20/2022Buy Now33.94%Barclays
Jason Goldberg
$238 → $225MaintainsOverweightGet Alert
10/20/2022Buy Now30.97%Morgan Stanley
Betsy Graseck
$240 → $220MaintainsOverweightGet Alert
10/05/2022Buy Now42.87%Morgan Stanley
Betsy Graseck
$222 → $240MaintainsOverweightGet Alert
10/04/2022Buy Now19.06%Citigroup
Keith Horowitz
→ $200DowngradeBuy → NeutralGet Alert
09/28/2022Buy Now11.32%Wedbush
David Chiaverini
→ $187Assumes → NeutralGet Alert
09/12/2022Buy Now51.8%Deutsche Bank
Matt O'Connor
$200 → $255MaintainsBuyGet Alert
07/21/2022Buy Now41.68%Barclays
Jason Goldberg
$230 → $238MaintainsOverweightGet Alert
07/21/2022Buy Now32.16%Morgan Stanley
Betsy Graseck
$203 → $222MaintainsOverweightGet Alert
07/12/2022Buy Now20.85%Morgan Stanley
Betsy Graseck
$238 → $203MaintainsOverweightGet Alert
07/11/2022Buy Now4.18%Jefferies
Ken Usdin
$192 → $175MaintainsHoldGet Alert
07/01/2022Buy Now16.09%JP Morgan
Steven Alexopoulos
$200 → $195MaintainsNeutralGet Alert
07/01/2022Buy Now4.18%Wells Fargo
Christopher Spahr
$195 → $175MaintainsEqual-WeightGet Alert
06/17/2022Buy Now19.06%Baird
David George
$175 → $200UpgradeNeutral → OutperformGet Alert
05/26/2022Buy Now11.32%Wolfe Research
Bill Carcache
$214 → $187MaintainsOutperformGet Alert
04/21/2022Buy Now41.68%Morgan Stanley
Betsy Graseck
$179 → $238UpgradeUnderweight → OverweightGet Alert
04/21/2022Buy Now16.09%Wells Fargo
Christopher Spahr
$180 → $195MaintainsEqual-WeightGet Alert
04/04/2022Buy Now25.01%Goldman Sachs
Ryan Nash
$183 → $210MaintainsNeutralGet Alert
03/28/2022Buy Now6.56%Morgan Stanley
Betsy Graseck
$185 → $179DowngradeEqual-Weight → UnderweightGet Alert
03/07/2022Buy Now7.16%Wells Fargo
Christopher Spahr
$160 → $180MaintainsEqual-WeightGet Alert
01/24/2022Buy Now13.11%Piper Sandler
Kevin Barker
$170 → $190UpgradeNeutral → OverweightGet Alert
01/21/2022Buy Now10.13%Morgan Stanley
Ken Zerbe
$195 → $185MaintainsEqual-WeightGet Alert
01/13/2022Buy Now26.21%UBS
Erika Najarian
→ $212Initiates → BuyGet Alert
12/16/2021Buy Now16.09%Citigroup——MaintainsBuyGet Alert
12/06/2021Buy Now16.09%Morgan Stanley
Ken Zerbe
—MaintainsEqual-WeightGet Alert
10/27/2021Buy Now7.16%Morgan Stanley
Ken Zerbe
—MaintainsEqual-WeightGet Alert
10/25/2021Buy Now7.16%Citigroup
Jill Shea
—MaintainsBuyGet Alert
10/21/2021Buy Now1.2%Piper Sandler
Frank Schiraldi
—MaintainsNeutralGet Alert
10/21/2021Buy Now1.2%RBC Capital
Gerard Cassidy
—MaintainsOutperformGet Alert
10/11/2021Buy Now2.39%Jefferies
Ken Usdin
—MaintainsHoldGet Alert
08/02/2021Buy Now4.18%Morgan Stanley
Ken Zerbe
—MaintainsEqual-WeightGet Alert

FAQ

Q

What is the target price for M&T Bank (MTB) stock?

A

The latest price target for M&T Bank (NYSE:MTB) was reported by Piper Sandler on July 22, 2024. The analyst firm set a price target for $190.00 expecting MTB to rise to within 12 months (a possible 13.11% upside). 35 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for M&T Bank (MTB)?

A

The latest analyst rating for M&T Bank (NYSE:MTB) was provided by Piper Sandler, and M&T Bank maintained their overweight rating.

Q

When was the last upgrade for M&T Bank (MTB)?

A

The last upgrade for M&T Bank Corp happened on April 18, 2023 when Argus Research raised their price target to $150. Argus Research previously had a hold for M&T Bank Corp.

Q

When was the last downgrade for M&T Bank (MTB)?

A

The last downgrade for M&T Bank Corp happened on December 18, 2023 when Deutsche Bank changed their price target from N/A to $145 for M&T Bank Corp.

Q

When is the next analyst rating going to be posted or updated for M&T Bank (MTB)?

A

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 July 22, 2024 so you should expect the next rating to be made available sometime around July 22, 2025.

Q

Is the Analyst Rating M&T Bank (MTB) correct?

A

While ratings are subjective and will change, the latest M&T Bank (MTB) rating was a maintained with a price target of $164.00 to $190.00. The current price M&T Bank (MTB) is trading at is $167.98, which is within the analyst’s predicted range.

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