Analysts have been eager to weigh in on the Financial sector with new ratings on M&T Bank (MTB – Research Report) and Goldman Sachs Group (GS – Research Report).
M&T Bank (MTB)
J.P. Morgan analyst Steven Alexopoulos maintained a Hold rating on M&T Bank today. The company’s shares closed last Friday at $134.56.
According to TipRanks.com, Alexopoulos is a 1-star analyst with an average return of
M&T Bank has an analyst consensus of Moderate Buy, with a price target consensus of $158.91, representing a 19.4% upside. In a report issued on April 8, Jefferies also maintained a Hold rating on the stock with a $151.00 price target.
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Goldman Sachs Group (GS)
In a report released today, Kian Abouhossein from J.P. Morgan maintained a Buy rating on Goldman Sachs Group. The company’s shares closed last Monday at $410.59, close to its 52-week high of $419.20.
According to TipRanks.com, Abouhossein is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Goldman Sachs Group with a $437.44 average price target, which is a 12.3% upside from current levels. In a report issued on April 4, Seaport Global also maintained a Buy rating on the stock with a $445.00 price target.
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Read More on MTB:
- M&T Bank Updates Investor Presentation with Financial Outlook
- Options Volatility and Implied Earnings Moves Today, April 15, 2024
- M&T Bank Corporation (NYSE:MTB) announces first quarter 2024 results
- MTB Earnings this Week: How Will it Perform?
- M&T Bank price target lowered to $151 from $154 at Jefferies
