Companies in the Financial sector have received a lot of coverage today as analysts weigh in on M&T Bank (MTB) and CloudMD Software & Services (DOCRF).
M&T Bank (MTB)
Jefferies analyst Ken Usdin maintained a Hold rating on M&T Bank on April 6 and set a price target of $158.00. The company’s shares closed last Friday at $153.86, close to its 52-week high of $164.72.
According to TipRanks.com, Usdin is a top 100 analyst with an average return of 23.1% and a 77.4% success rate. Usdin covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, People’s United Financial, and Texas Capital Bancshares.
Currently, the analyst consensus on M&T Bank is a Moderate Buy with an average price target of $163.00.
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CloudMD Software & Services (DOCRF)
In a report issued on April 7, Rob Goff from Echelon Wealth Partners maintained a Buy rating on CloudMD Software & Services, with a price target of C$3.75. The company’s shares closed last Friday at $1.61.
Goff has an average return of 43.2% when recommending CloudMD Software & Services.
According to TipRanks.com, Goff is ranked #59 out of 7459 analysts.
CloudMD Software & Services has an analyst consensus of Moderate Buy, with a price target consensus of $2.90, implying an 81.3% upside from current levels. In a report issued on April 8, Canaccord Genuity also maintained a Buy rating on the stock with a C$3.50 price target.
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