Analysts Are Neutral on Top Financial Stocks: Prudential Financial (PRU), M&T Bank (MTB)
Analysts fell to the sidelines weighing in on Prudential Financial (PRU – Research Report) and M&T Bank (MTB – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Prudential Financial (PRU)
In a report released today, Alex Scott from Barclays maintained a Hold rating on Prudential Financial, with a price target of $124.00. The company’s shares closed last Friday at $111.69.
According to TipRanks.com, Scott is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Prudential Financial with a $119.44 average price target, a 4.1% upside from current levels. In a report issued on January 8, UBS also maintained a Hold rating on the stock with a $116.00 price target.
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M&T Bank (MTB)
Barclays analyst Jason Goldberg maintained a Hold rating on M&T Bank today and set a price target of $236.00. The company’s shares closed last Friday at $212.28, close to its 52-week high of $225.70.
According to TipRanks.com, Goldberg is a top 100 analyst with an average return of
M&T Bank has an analyst consensus of Moderate Buy, with a price target consensus of $233.55, implying a 9.9% upside from current levels. In a report issued on January 6, Evercore ISI also downgraded the stock to Hold with a $225.00 price target.
