M&T Bank Corporation (NYSE:MTB) has analysts on the Bullish side this week.

M&T Bank Corporation (NYSE:MTB) Logo
Investors sentiment decreased to 1 in 2019 Q2. Its down 0.26, from 1.26 in 2019Q1. It is negative, as 44 investors sold M&T Bank Corporation shares while 183 reduced holdings. 69 funds opened positions while 159 raised stakes. 107.86 million shares or 0.13% less from 108.00 million shares in 2019Q1 were reported.
Citigroup Incorporated accumulated 0.01% or 101,826 shares. 46,230 are held by Strategic Financial Services Inc. Gamco Invsts Et Al holds 0.1% in M&T Bank Corporation (NYSE:MTB) or 76,950 shares. 181,994 are held by Morgan Stanley. First Tru Advisors Lp holds 0.1% of its portfolio in M&T Bank Corporation (NYSE:MTB) for 322,834 shares. Element Mngmt Limited Liability invested in 10,613 shares or 0.12% of the stock. Bank Of New York Mellon invested in 986,623 shares. The Quebec – Canada-based Jarislowsky Fraser Ltd has invested 0.36% in M&T Bank Corporation (NYSE:MTB). Bp Public Limited Com stated it has 0.09% in M&T Bank Corporation (NYSE:MTB). Qci Asset Mngmt Inc Ny owns 1,081 shares. Quantitative Systematic Strategies Limited Liability reported 25,676 shares or 0.82% of all its holdings. Bryn Mawr Trust Communication has 0.09% invested in M&T Bank Corporation (NYSE:MTB) for 9,274 shares. Moreover, Sun Life Financial Inc has 0% invested in M&T Bank Corporation (NYSE:MTB). Peoples Financial stated it has 0% of its portfolio in M&T Bank Corporation (NYSE:MTB). Sg Americas Secs Ltd Liability Corp has invested 0.04% of its portfolio in M&T Bank Corporation (NYSE:MTB).

Since August 15, 2019, it had 2 buys, and 0 sales for $180,188 activity.

M&T Bank Corporation (NYSE:MTB) Ratings Coverage

Among 7 analysts covering M\u0026T Bank (NYSE:MTB), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. M\u0026T Bank has $210 highest and $15500 lowest target. $173.57’s average target is 9.55% above currents $158.44 stock price. M\u0026T Bank had 12 analyst reports since March 19, 2019 according to SRatingsIntel. On Friday, July 19 the stock rating was maintained by Barclays Capital with “Overweight”. The stock has “Neutral” rating by UBS on Wednesday, July 10. The firm has “Neutral” rating by Wedbush given on Tuesday, April 16. Barclays Capital maintained it with “Overweight” rating and $210 target in Friday, April 5 report. The firm has “Neutral” rating by Citigroup given on Tuesday, March 19. As per Monday, September 9, the company rating was maintained by Citigroup. The firm earned “Outperform” rating on Friday, July 19 by Wood. The stock of M&T Bank Corporation (NYSE:MTB) earned “Neutral” rating by Piper Jaffray on Monday, July 22. As per Tuesday, July 2, the company rating was maintained by JP Morgan. Below is a list of M&T Bank Corporation (NYSE:MTB) latest ratings and price target changes.

09/09/2019 Broker: Citigroup Rating: Sell Old Target: $163.0000 New Target: $155.0000 Maintain
22/07/2019 Broker: Piper Jaffray Old Rating: Overweight New Rating: Neutral Old Target: $196.0000 New Target: $168.0000 Downgrade
19/07/2019 Broker: Wood Rating: Outperform Old Target: $189.0000 New Target: $185.0000 Maintain
19/07/2019 Broker: Barclays Capital Rating: Overweight Old Target: $217.0000 New Target: $206.0000 Maintain
12/07/2019 Broker: Citigroup Old Rating: Neutral New Rating: Sell Downgrade
10/07/2019 Broker: UBS Rating: Neutral Old Target: $176.0000 New Target: $172.0000 Maintain
02/07/2019 Broker: JP Morgan Rating: Neutral Old Target: $173.0000 New Target: $174.0000 Maintain
21/05/2019 Broker: BidaskScore Rating: Hold Upgrade
16/04/2019 Broker: Wedbush Old Rating: Neutral New Rating: Neutral Old Target: $150 New Target: $155 Maintain
05/04/2019 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $207 New Target: $210 Maintain

The stock increased 1.05% or $1.65 during the last trading session, reaching $158.44. About 519,551 shares traded. M&T Bank Corporation (NYSE:MTB) has declined 6.49% since September 13, 2018 and is downtrending. It has underperformed by 6.49% the S&P500.

M&T Bank Corporation operates as the holding firm for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provide retail and commercial banking services. The company has market cap of $21.18 billion. The companyÂ’s Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. It has a 11.32 P/E ratio. The Company’s Commercial Banking segment provides commercial lending and leasing, letters of credit, deposit products, and cash management services to middle-market and large commercial customers.

More notable recent M&T Bank Corporation (NYSE:MTB) news were published by: Seekingalpha.com which released: “M&T Bank Q1 2019 Earnings Preview – Seeking Alpha” on April 14, 2019, also Streetinsider.com with their article: “Buffett’s Berkshire Hathaway Raises Stakes in Amazon (AMZN), Bank of America (BAC) – 13F – StreetInsider.com” published on August 14, 2019, Seekingalpha.com published: “M&T Bank slides 2.6% after Q2 disappoints – Seeking Alpha” on July 18, 2019. More interesting news about M&T Bank Corporation (NYSE:MTB) were released by: Bizjournals.com and their article: “SBA loan approvals in Western New York declining – Buffalo Business First – Buffalo Business First” published on September 05, 2019 as well as Finance.Yahoo.com‘s news article titled: “At US$164, Is M&T Bank Corporation (NYSE:MTB) Worth Looking At Closely? – Yahoo Finance” with publication date: May 21, 2019.

M&T Bank Corporation (NYSE:MTB) Institutional Positions Chart

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