Seeing Is Believing
INDB is currently covered by 4 analysts with an average price target of $61.35. This is a potential upside of $10.61 (20.91%) from yesterday's end of day stock price of $50.74.
Independent Bank's activity chart (see below) currently has 43 price targets and 38 ratings on display. The stock rating distribution of INDB is 83.33% HOLD and 16.67% SELL.
Analysts average stock forecasts to be materialized ratio is 42% with an average time for these price targets to be met of 325.8 days.
Highest price target for INDB is $60, Lowest price target is $45, average price target is $61.35.
Most recent stock forecast was given by CHRISTOPHER O'CONNELL from STIFEL on 22-Apr-2024. First documented stock forecast 14-Mar-2014.
Currently out of the existing stock ratings of INDB, 5 are a HOLD (83.33%), 1 are a SELL (16.67%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Hold
60
$8.5 (16.50%)
64
15 days ago
0/3 (0%)
$9.21 (18.13%)
Sell
45
$-6.5 (-12.62%)
94
7 months 25 days ago
3/5 (60%)
$-6.23 (-12.16%)
404
Hold
72
$20.5 (39.81%)
88
1 years 1 months 23 days ago
2/5 (40%)
$6.56 (10.02%)
89
Buy
106
$29.57 (38.69%)
92
2 years 12 days ago
3/5 (60%)
$15.19 (20.60%)
236
Buy
104
$52.5 (101.94%)
5 years 9 months 17 days ago
1/2 (50%)
$28.32 (37.42%)
900
What is INDB (Independent Bank) average time for price targets to be met?
Which analyst has the current highest performing score on INDB (Independent Bank) with a proven track record?
Which analyst has the current lower performing score on INDB (Independent Bank) with a proven track record?
Which analyst has the most public recommendations on INDB (Independent Bank)?
Which analyst is the currently most bullish on INDB (Independent Bank)?
Which analyst is the currently most reserved on INDB (Independent Bank)?