M&T Bank Corp. (MTB) Set to Announce Earnings on Friday
M&T Bank Corp. (NYSE:MTB) will post its quarterly earnings results on Friday, January 17th. Investors that wish to listen to the company’s conference call can do so using this link.
Shares of M&T Bank Corp. (NYSE:MTB) opened at 115.02 on Thursday. M&T Bank Corp. has a 52-week low of $95.68 and a 52-week high of $119.54. The stock has a 50-day moving average of $114.8 and a 200-day moving average of $114.7. The company has a market cap of $14.980 billion and a P/E ratio of 13.04.
Several analysts have recently commented on the stock. Analysts at Janney Montgomery Scott initiated coverage on shares of M&T Bank Corp. in a research note to investors on Tuesday. They set a “neutral” rating on the stock. On the ratings front, analysts at Barclays upgraded shares of M&T Bank Corp. from an “equal weight” rating to an “overweight” rating in a research note to investors on Monday, January 6th. They now have a $135.00 price target on the stock, up previously from $125.00. Finally, analysts at BMO Capital Markets cut their price target on shares of M&T Bank Corp. to $115.00 in a research note to investors on Wednesday, December 18th. They now have a “market perform” rating on the stock. Thirteen equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $122.78.
M&T Bank Corporation (NYSE:MTB) is a bank holding company.
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