Jefferies Financial Group Increases M&T Bank (NYSE:MTB) Price Target to $255.00

M&T Bank (NYSE:MTB) had its price objective hoisted by equities researchers at Jefferies Financial Group from $250.00 to $255.00 in a research report issued on Wednesday,MarketScreener reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 14.45% from the company’s current price.

MTB has been the topic of several other reports. Evercore downgraded M&T Bank from an “outperform” rating to a “hold” rating and increased their target price for the company from $210.00 to $225.00 in a research note on Tuesday, January 6th. UBS Group increased their target price on M&T Bank from $217.00 to $230.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Wolfe Research downgraded M&T Bank from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 7th. Morgan Stanley lowered their price target on M&T Bank from $271.00 to $245.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 31st. Finally, Keefe, Bruyette & Woods increased their price target on M&T Bank from $220.00 to $230.00 and gave the company a “market perform” rating in a report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $230.24.

M&T Bank Stock Performance

Shares of MTB opened at $222.81 on Wednesday. The business’s fifty day simple moving average is $216.14 and its two-hundred day simple moving average is $203.36. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.41. M&T Bank has a 12 month low of $153.50 and a 12 month high of $239.00. The company has a market cap of $33.20 billion, a price-to-earnings ratio of 13.07, a P/E/G ratio of 1.09 and a beta of 0.60.

M&T Bank (NYSE:MTB) last issued its earnings results on Friday, January 16th. The financial services provider reported $4.72 EPS for the quarter, beating the consensus estimate of $4.47 by $0.25. M&T Bank had a return on equity of 10.94% and a net margin of 21.55%.The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $2.47 billion. During the same period last year, the business posted $3.77 EPS. Research analysts anticipate that M&T Bank will post 16.57 earnings per share for the current fiscal year.

M&T Bank declared that its board has authorized a stock repurchase plan on Tuesday, March 31st that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization permits the financial services provider to purchase up to 16.7% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Transactions at M&T Bank

In other news, Director Kirk W. Walters sold 909 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $227.37, for a total transaction of $206,679.33. Following the transaction, the director directly owned 5,976 shares of the company’s stock, valued at $1,358,763.12. This represents a 13.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Vice Chairman Gary N. Geisel sold 887 shares of the stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $215.79, for a total value of $191,405.73. Following the transaction, the insider directly owned 16,446 shares in the company, valued at $3,548,882.34. The trade was a 5.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 49,092 shares of company stock valued at $11,182,250 over the last 90 days. 0.44% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On M&T Bank

A number of institutional investors have recently bought and sold shares of the stock. Commonwealth Retirement Investments LLC raised its holdings in M&T Bank by 0.4% in the 4th quarter. Commonwealth Retirement Investments LLC now owns 10,991 shares of the financial services provider’s stock worth $2,214,000 after purchasing an additional 44 shares during the period. Ransom Advisory Ltd raised its holdings in M&T Bank by 2.0% in the 4th quarter. Ransom Advisory Ltd now owns 2,513 shares of the financial services provider’s stock worth $506,000 after purchasing an additional 50 shares during the period. Wedbush Securities Inc. raised its holdings in M&T Bank by 2.4% in the 4th quarter. Wedbush Securities Inc. now owns 2,223 shares of the financial services provider’s stock worth $448,000 after purchasing an additional 52 shares during the period. Bank of Jackson Hole Trust raised its holdings in M&T Bank by 38.7% in the 4th quarter. Bank of Jackson Hole Trust now owns 215 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 60 shares during the period. Finally, Gamco Investors INC. ET AL raised its holdings in M&T Bank by 0.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 20,489 shares of the financial services provider’s stock worth $3,975,000 after purchasing an additional 67 shares during the period. 84.68% of the stock is owned by institutional investors.

More M&T Bank News

Here are the key news stories impacting M&T Bank this week:

• Positive Sentiment: Jefferies raised its price target to $255 and kept a Buy rating, signaling strong analyst conviction and a meaningful upside thesis that likely supports buying interest. Jefferies raises PT to $255
• Positive Sentiment: Price-target upgrades published by coverage services (one noted raise to $235) add to upside momentum and signal improving analyst estimates. Price Target Raised to $235
• Positive Sentiment: Coverage pointing to Russell 1000 ETF attention suggests potential index/ETF flows into MTB stock, which can mechanically lift demand as funds rebalance. Russell 1000 ETF attracts watchers
• Positive Sentiment: Recent commentary notes MTB has outperformed peers (~12.8% gain over six months), supporting momentum-based interest from investors. M&T gains nearly 13% in 6 months
• Neutral Sentiment: Zacks notes Wall Street expects earnings growth next week but does not see the setup for a clear earnings beat — this makes the report a potential volatility event rather than a clear catalyst. Earnings preview
• Negative Sentiment: UBS trimmed its price target to $225 and kept a Neutral rating, which weakens the consensus upside and could pressure sentiment if others follow. UBS lowers PT to $225
• Negative Sentiment: JPMorgan has lowered expectations for MTB’s stock price, adding a notable negative voice from a large bank and contributing to mixed analyst views. JPMorgan lowers expectations

M&T Bank Company Profile

M&T Bank Corporation is a bank holding company headquartered in Buffalo, New York, that provides a broad range of banking and financial services to individuals, businesses and institutions. The company operates a commercial and retail banking franchise that includes deposit-taking, lending, and payment services delivered through branch networks, digital channels and commercial banking teams. M&T serves customers across the northeastern and mid‑Atlantic United States and has expanded its geographic footprint through strategic acquisitions.

Its core businesses include commercial banking for middle‑market and community businesses, consumer and retail banking, mortgage origination and servicing, treasury and cash management, and wealth management and trust services.