Barclays analyst Jason Goldberg maintained a Buy rating on M&T Bank (MTB) yesterday and set a price target of $200.00. The company’s shares closed last Monday at $152.11.
According to TipRanks.com, Goldberg is a 4-star analyst with an average return of 5.6% and a 60.8% success rate. Goldberg covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Svb Financial Group, and State Street Corp.
The word on The Street in general, suggests a Hold analyst consensus rating for M&T Bank with a $167.25 average price target.
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M&T Bank’s market cap is currently $20.34B and has a P/E ratio of 10.88. The company has a Price to Book ratio of 1.41.
Based on the recent corporate insider activity of 140 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MTB in relation to earlier this year.
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. operates as 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 Portfo
