tm
Seeing Is Believing
tm
Seeing Is Believing
MBWM is currently covered by 2 analysts with an average price target of $54.12. This is a potential upside of $7.75 (16.71%) from yesterday's end of day stock price of $46.37.
Mercantile Bank's activity chart (see below) currently has 10 price targets and 13 ratings on display. The stock rating distribution of MBWM is 33.33% HOLD and 66.67% BUY.
Analysts average stock forecasts to be materialized ratio is 91.67% with an average time for these price targets to be met of 864.75 days.
Highest price target for MBWM is $57, Lowest price target is $57, average price target is $45.5.
Most recent stock forecast was given by DAMON DELMONTE from STIFEL on 22-Jan-2025. 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, 3 are a HOLD (33.33%), 6 are a BUY (66.67%).
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
Buy
$57
$8.79 (18.23%)
$56
1 months 10 days ago
(22-Jan-2025)
4/6 (66.67%)
$8.48 (17.48%)
1077
Buy
$34
$-14.63 (-30.08%)
$40
1 years 10 months 13 days ago
(19-Apr-2023)
2/2 (100%)
$6.37 (23.05%)
193
Hold
$38
2 years 1 months 14 days ago
(18-Jan-2023)
4/4 (100%)
$7.25 (23.58%)
650
Buy
$35
$4.09 (13.23%)
$35
7 years 5 months 4 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)?
