A share price of M & T Bank Corp [MTB] is currently trading at $182.99, up 0.35%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MTB shares have gain 4.67% over the last week, with a monthly amount drifted -5.14%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
M & T Bank Corp [NYSE: MTB] stock has seen the most recent analyst activity on December 04, 2024, when JP Morgan downgraded its rating to a Neutral and also boosted its price target to $223.50 from $215. Previously, Citigroup downgraded its rating to Neutral on November 25, 2024, and elevated its price target to $230. On October 04, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $210 on the stock. Evercore ISI upgraded its rating to a Outperform and increased its price target to $210 on October 02, 2024. JP Morgan upgraded its rating to a Overweight and raised its price target to $215 on September 03, 2024. Wells Fargo downgraded its rating to Underweight for this stock on August 15, 2024, and downed its price target to $165. In a note dated December 18, 2023, Deutsche Bank downgraded an Hold rating on this stock but restated the target price of $145.
M & T Bank Corp experienced fluctuations in its stock price throughout the past year between $133.03 and $225.70. Currently, Wall Street analysts expect the stock to reach $211.89 within the next 12 months. M & T Bank Corp [NYSE: MTB] shares were valued at $182.99 at the most recent close of the market. An investor can expect a potential return of 15.79% based on the average MTB price forecast.
Analyzing the MTB fundamentals
Trailing Twelve Months sales for M & T Bank Corp [NYSE:MTB] were 13.40B which represents 2.09% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.47.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 181.79 points at the first support level, and at 180.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 183.99, and for the 2nd resistance point, it is at 185.00.
Ratios To Look Out For
To put it in perspective, the Current Ratio for M & T Bank Corp [NYSE:MTB] is 0.32. Considering the valuation of this stock, the price to sales ratio is 2.24, the price to book ratio is 1.14 and price to earnings (TTM) ratio is 12.50.
Transactions by insiders
Recent insider trading involved KAY CHRISTOPHER E, Sr. Executive Vice President, that happened on Mar 12 ’25 when 1738.0 shares were sold. Officer, KAY CHRISTOPHER E completed a deal on Mar 12 ’25 to buy 1738.0 shares. Meanwhile, Vice Chairman GEISEL GARY N sold 2490.0 shares on Dec 03 ’24.
