One of the losers of today's trading session was M&T Bank. Shares of the State commercial banks company plunged -3.72%, and some investors may be wondering if its price of $146.46 would make a good entry point. Here's what you should know if you are considering this investment:
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M&T Bank has moved -8.17% over the last year, and the S&P 500 logged a change of -2.93%
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MTB has an average analyst rating of buy and is -17.03% away from its mean target price of $176.52 per share
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Its trailing earnings per share (EPS) is $11.41
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M&T Bank has a trailing 12 month Price to Earnings (P/E) ratio of 12.84 while the S&P 500 average is None
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Its forward earnings per share (EPS) is $18.38 and its forward P/E ratio is 7.97
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The company has a Price to Book (P/B) ratio of 1.068 in contrast to the S&P 500's average ratio of None
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M&T Bank is part of the Finance sector, which has an average P/E ratio of None and an average P/B of None
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M&T Bank Corporation is an American bank holding company headquartered in Buffalo, New York.