In a report released today, David George from Robert W. Baird reiterated a Buy rating on M&T Bank (MTB), with a price target of $175. The company’s shares opened today at $141.11, close to its 52-week low of $133.78.
According to TipRanks.com, George is a 4-star analyst with an average return of 5.4% and a 59.6% success rate. George covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Capital One Financial, and Associated Banc-Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for M&T Bank with a $191.75 average price target, representing a 35.9% upside. In a report released today, Barclays also maintained a Buy rating on the stock with a $203 price target.
.
See today’s analyst top recommended stocks >>
The company has a one-year high of $197.37 and a one-year low of $133.78. Currently, M&T Bank has an average volume of 942.2K.
Based on the recent corporate insider activity of 140 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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
