MBWM - Mercantile Bank - Stock Forecast

Coverage Stock analysts Price Targets & Ratings Chart Insider Trading

MBWM is currently covered by 1 analysts with an average price target of $54.03. This is a potential upside of $9.01 (20.01%) from yesterday's end of day stock price of $45.02.

Mercantile Bank's activity chart (see below) currently has 15 price targets and 10 ratings on display. The stock rating distribution of MBWM is 100% BUY.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 91.67% with an average time for these price targets to be met of 1456.25 days.

Highest price target for MBWM is $53, Lowest price target is $53, average price target is $53.

Most recent stock forecast was given by DAMON DELMONTE from STIFEL on 23-Apr-2025. First documented stock forecast 06-Jul-2017.

Split History since 2000:

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

Best performing analysts who are covering MBWM - Mercantile Bank:

Damon Delmonte Kevin Reevey Daniel Tamayo Brendan Nosal

Currently out of the existing stock ratings of MBWM, 1 are a BUY (100%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Days to Hit Target

Performance score

Buy

$53

$8.11 (18.07%)

$40

5 months 16 days ago
(23-Apr-2025)

2/3 (66.67%)

$12.14 (29.71%)

2444

Buy

$34

$-10.89 (-24.26%)

$40

2 years 5 months 20 days ago
(19-Apr-2023)

2/2 (100%)

$7.69 (29.23%)

351

Hold

$35

2 years 8 months 21 days ago
(18-Jan-2023)

3/3 (100%)

$7.07 (25.31%)

735

Hold

$35

$-9.89 (-22.03%)

$35

8 years 11 days ago
(28-Sep-2017)

3/3 (100%)

$9.13 (35.29%)

2295

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What is MBWM (Mercantile Bank) average time for price targets to be met?

On average it took 1456.25 days on average for the stock forecasts to be realized with a an average price target met ratio 91.67

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

DAMON DELMONTE

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

BRENDAN NOSAL

Which analyst has the most public recommendations on MBWM (Mercantile Bank)?

Damon Delmonte works at STIFEL and has 12 price targets and 8 ratings on MBWM

Which analyst is the currently most bullish on MBWM (Mercantile Bank)?

Damon Delmonte with highest potential upside - $8.11

Which analyst is the currently most reserved on MBWM (Mercantile Bank)?

Brendan Nosal with lowest potential downside - -$10.89

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