M&T Bank Corporation (MTB) Shares are Down -0.87%

M&T Bank Corporation (MTB) : During the past 4 weeks, traders have been relatively bearish on M&T Bank Corporation (MTB), hence the stock is down -0.52% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.03% relative to the S&P 500. The 4-week change in the price of the stock is -1.06% and the stock has fallen -0.87% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.1% and the 50-Day Moving Average is 0.33%.The 200 Day SMA reached 2.69%


M&T Bank Corporation (NYSE:MTB): After opening at $115.28, the stock dipped to an intraday low of $114.39 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $116.68 and the buying power remained strong till the end. The stock closed at $116.1 for the day, a gain of 1.36% for the day session. The total traded volume was 708,905. The stocks close on the previous trading day was $116.1.

M&T Bank Corporation (MTB) : The highest short term price target forecast on M&T Bank Corporation (MTB) is $130 and the lowest target price is $105. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $118.92 with a standard deviation of $8.04.

M&T Bank Corporation (M&T) is a bank holding company for M&T Bank and Wilmington Trust, National Association (Wilmington Trust, N.A.). The Companys segments include Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking and Retail Banking. The Business Banking segment provides deposit, lending, cash management and other financial services. The Commercial Banking segment offers credit products and banking services for middle-market and commercial customers. Its Commercial Real Estate segment provides credit and deposit services. The Discretionary Portfolio segment includes investment and trading securities, loans and other assets, and borrowed funds. The Residential Mortgage Banking segment originates and services residential mortgage loans. The Retail Banking segment offers a range of services to consumers through delivery channels. It operates over 800 retail and commercial branches, and 1,600 automated teller machines.

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