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Tale of the Tape

Zacks Equity Research

M&T Bank (MTB) Worth a Look: Stock Rises 5.1% in Session
November 10, 2016

MTB BAC

Trades from $3

M&T Bank Corporation (MTB - Free Report) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 11.6% in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of four increases and two decreases over the past one month, while the Zacks Consensus Estimate hasn’t been in trend over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

M&T Bank currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

M&T BANK CORP Price

 

A better-ranked stock in the same industry is Bank of America Corporation (BAC - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is MTB going up? Or down? Predict to see what others think: Up or Down

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