Analysts Are Neutral on Top Financial Stocks: M&T Bank (MTB), PNC Financial (PNC)
Analysts fell to the sidelines weighing in on M&T Bank (MTB – Research Report) and PNC Financial (PNC – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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M&T Bank (MTB)
KBW analyst Christopher Mcgratty maintained a Hold rating on M&T Bank yesterday and set a price target of $230.00. The company’s shares closed last Friday at $212.28, close to its 52-week high of $225.70.
According to TipRanks.com, Mcgratty is a 5-star analyst with an average return of
M&T Bank has an analyst consensus of Moderate Buy, with a price target consensus of $233.55, a 9.9% upside from current levels. In a report released today, Truist Financial also maintained a Hold rating on the stock with a $230.00 price target.
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PNC Financial (PNC)
In a report released today, John McDonald CFA from Truist Financial maintained a Hold rating on PNC Financial, with a price target of $240.00. The company’s shares closed last Friday at $223.18.
According to TipRanks.com, CFA is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PNC Financial with a $244.00 average price target, implying an 8.4% upside from current levels. In a report issued on January 5, TipRanks – xAI also downgraded the stock to Hold with a $229.00 price target.
