M&T Bank Corporation (NYSE:MTB) PEG Ratio At 2.68


Market experts has given a mean price target of $118.05 to M&T Bank Corporation (NYSE:MTB) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $2.07 for the near-term quarter and $7.99 for this year.

Technical View

The technical assessment of M&T Bank Corporation Common Sto pinpoints that the 50-day moving average of M&T Bank Corporation (NYSE:MTB) stock is $116.68, and is trading $-1.35 points away or -1.15% from 50-day moving average of $116.68. It is trading $-0.14 or -0.12% off 200-day MA of $115.47.

The 52-week high of M&T Bank Corporation (NYSE:MTB) was $127.39 while $100.08 is the low point in the same period. M&T Bank Corporation Common Sto share price has to rise more than $-12.06 to register a high for 52-weeks or drop +15.24% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

M&T Bank Corporation (NYSE:MTB) P/E ratio is 15.86 while PEG ratio is at 2.68. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

M&T Bank Corporation Common Sto stock recorded a close of $115.33 in last trading session, which brings it market cap to $18.08B.

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