In a report released today, Jason Goldberg from Barclays maintained a Buy rating on M&T Bank (MTB), with a price target of $207. The company’s shares opened today at $174.61.
According to TipRanks.com, Goldberg is a 4-star analyst with an average return of 6.0% and a 63.9% success rate. Goldberg covers the Financial sector, focusing on stocks such as Huntington Bancshares Inc, Capital One Financial, and Fifth Third Bancorp.
Currently, the analyst consensus on M&T Bank is a Moderate Buy with an average price target of $183.25.
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M&T Bank’s market cap is currently $24.38B and has a P/E ratio of 13.77. The company has a Price to Book ratio of 1.71.
Based on the recent corporate insider activity of 143 insiders, corporate insider sentiment is negative on the stock.
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M&T Bank Corp. is a a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management and investment services, through its wholly owned subsidiaries, M&T Bank and Wilmington Trust NA. It operates through following segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Re
