tm
Seeing Is Believing
tm
Seeing Is Believing
MBWM is currently covered by 2 analysts with an average price target of $57.74. This is a potential upside of $8.7 (17.74%) from yesterday's end of day stock price of $49.04.
Mercantile Bank's activity chart (see below) currently has 6 price targets and 7 ratings on display. The stock rating distribution of MBWM is 66.67% HOLD and 33.33% BUY.
Analysts average stock forecasts to be materialized ratio is 100% with an average time for these price targets to be met of 1087.5 days.
Highest price target for MBWM is $33, Lowest price target is $28, average price target is $57.74.
Most recent stock forecast was given by BRENDAN NOSAL from PIPER SANDLER on 19-Apr-2023. First documented stock forecast 06-Jul-2017.
4/19/07 105 for 100
7/14/05 105 for 100
4/14/04 105 for 100
1/15/03 105 for 100
1/16/02 105 for 100
1/17/01 105 for 100
Currently out of the existing stock ratings of MBWM, 2 are a HOLD (66.67%), 1 are a BUY (33.33%).
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
Buy
$34
$-15.1 (-30.75%)
$40
1 years 7 months 3 days ago
(19-Apr-2023)
2/2 (100%)
$6.37 (23.05%)
193
Hold
$38
1 years 10 months 4 days ago
(18-Jan-2023)
4/4 (100%)
$6.48 (20.56%)
625
Buy
$40
$-1.51 (-3.64%)
$35
6 years 8 months 21 days ago
(01-Mar-2018)
2/2 (100%)
$13.07 (48.53%)
1993
Buy
$35
$4.09 (13.23%)
$35
7 years 1 months 25 days ago
(28-Sep-2017)
3/3 (100%)
$8.88 (34.48%)
1539
What is MBWM (Mercantile Bank) average time for price targets to be met?
Which analyst has the current highest performing score on MBWM (Mercantile Bank) with a proven track record?
Which analyst has the current lower performing score on MBWM (Mercantile Bank) with a proven track record?
Which analyst has the most public recommendations on MBWM (Mercantile Bank)?
Which analyst is the currently most bullish on MBWM (Mercantile Bank)?
Which analyst is the currently most reserved on MBWM (Mercantile Bank)?
