Analysts Set M&T Bank Corporation (NYSE:MTB) PT at $224.29

Shares of the bank have received a 'Hold' rating from 21 firms covering the stock.

Published on Feb. 1, 2026

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Shares of M&T Bank Corporation (NYSE:MTB) have been given an average recommendation of 'Hold' by the twenty-one ratings firms that are covering the stock, according to MarketBeat.com. One analyst has rated the stock with a sell rating, eleven have given a hold rating, eight have given a buy rating, and one has assigned a strong buy rating. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $224.29.

Why it matters

M&T Bank is a major regional bank with a significant presence in the northeastern and mid-Atlantic United States. The consensus 'Hold' rating and average price target from analysts covering the stock provide insight into the current market sentiment and expectations for the bank's performance.

The details

A number of brokerages have recently commented on M&T Bank's stock. Weiss Ratings restated a 'buy (b-)' rating, Barclays boosted their target price from $220 to $236 and maintained an 'equal weight' rating, UBS Group raised their price target from $207 to $208 and kept a 'neutral' rating, Evercore ISI lowered the stock from 'outperform' to 'hold' while raising the price target from $210 to $225, and Jefferies Financial Group increased their price objective from $250 to $255 while maintaining a 'buy' rating.

  • M&T Bank last released earnings on January 16, 2026.

The players

M&T Bank Corporation

A bank holding company headquartered in Buffalo, New York that provides a range of banking and financial services to individuals, businesses and institutions across the northeastern and mid-Atlantic United States.

Weiss Ratings

A ratings firm that covers M&T Bank and has maintained a 'buy (b-)' rating on the stock.

Barclays

An investment bank that covers M&T Bank, boosting their price target from $220 to $236 while maintaining an 'equal weight' rating.

UBS Group

A financial services firm that covers M&T Bank, raising their price target from $207 to $208 while keeping a 'neutral' rating.

Evercore ISI

An investment research and advisory firm that covers M&T Bank, lowering their rating from 'outperform' to 'hold' while increasing the price target from $210 to $225.

Jefferies Financial Group

An investment banking and capital markets firm that covers M&T Bank, increasing their price objective from $250 to $255 while maintaining a 'buy' rating.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

The consensus 'Hold' rating and average price target of $224.29 from analysts covering M&T Bank suggest the stock is currently trading at a fair value, with some upside potential but also risks that could limit further gains in the near-term. The bank's performance and outlook will continue to be closely watched by the investment community.