INDB - Independent Bank - Stock Forecast

Financial Services - Sector
Coverage Stock analysts Price Targets & Ratings Chart Insider Trading

INDB is currently covered by 5 analysts with an average price target of $66.88. This is a potential upside of $11.98 (21.82%) from yesterday's end of day stock price of $54.9.

Independent Bank's activity chart (see below) currently has 46 price targets and 52 ratings on display. The stock rating distribution of INDB is 64.29% HOLD, 14.29% SELL and 21.43% BUY.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 56.12% with an average time for these price targets to be met of 308.43 days.

Highest price target for INDB is $80, Lowest price target is $60, average price target is $65.75.

Most recent stock forecast was given by CHRISTOPHER O'CONNELL from STIFEL on 21-Jan-2025. First documented stock forecast 05-Sep-2008.

Currently out of the existing stock ratings of INDB, 9 are a HOLD (64.29%), 2 are a SELL (14.29%), 3 are a BUY (21.43%).

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

$80

$24.61 (44.43%)

$82

2 months 17 days ago
(21-Jan-2025)

3/7 (42.86%)

$11.8 (17.30%)

126

Buy

$78

$22.61 (40.82%)

$74

2 months 17 days ago
(21-Jan-2025)

1/2 (50%)

$9.8 (14.37%)

35

Hold

$60

$4.61 (8.32%)

$100

11 months 16 days ago
(22-Apr-2024)

1/2 (50%)

$10.71 (21.73%)

91

Sell

$45

$-10.39 (-18.76%)

$94

1 years 6 months 26 days ago
(12-Sep-2023)

4/5 (80%)

$-4.18 (-8.50%)

316

Hold

$72

$16.61 (29.99%)

$88

2 years 24 days ago
(14-Mar-2023)

3/5 (60%)

$9.18 (14.61%)

400

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What is INDB (Independent Bank) average time for price targets to be met?

On average it took 308.43 days on average for the stock forecasts to be realized with a an average price target met ratio 56.12

Which analyst has the current highest performing score on INDB (Independent Bank) with a proven track record?

DAVID BISHOP

Which analyst has the current lower performing score on INDB (Independent Bank) with a proven track record?

STEVE MOSS

Which analyst has the most public recommendations on INDB (Independent Bank)?

David Bishop works at HOVDE GROUP and has 2 price targets and 2 ratings on INDB

Which analyst is the currently most bullish on INDB (Independent Bank)?

Collyn Gilbert with highest potential upside - $48.61

Which analyst is the currently most reserved on INDB (Independent Bank)?

David Bishop with lowest potential downside - -$10.39

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