Seeing Is Believing
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.
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.
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, 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
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)?