Seeing Is Believing
MBWM is currently covered by 4 analysts with an average price target of $60.29. This is a potential upside of $5.17 (1.04%) from yesterday's end of day stock price of $59.67.
Mercantile Bank's activity chart (see below) currently has 34 price targets and 30 ratings on display. The stock rating distribution of MBWM is 85.71% BUY and 14.29% HOLD.
Analysts average stock forecasts to be materialized ratio is 93.9% with an average time for these price targets to be met of 661.89 days.
Highest price target for MBWM is $65, Lowest price target is $54, average price target is $60.29.
Most recent stock forecast was given by DANIEL TAMAYO from RAYMOND JAMES on 02-Sep-2026. First documented stock forecast 06-Jul-2017.
Currently out of the existing stock ratings of MBWM, 6 are a BUY (85.71%), 1 are a HOLD (14.29%).
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
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date of last PT
Price targets met ratio
Average potential upside
Average Days to Hit Target
Performance score
Buy Since 22-Oct-2025
$65
$4.97 (8.28%)
$54
20 days ago
(02-Sep-2026)
7/8 (87.5%)
$4 (6.56%)
441
Buy Since 17-Apr-2024
$64
$3.97 (6.61%)
$57
2 months ago
(22-Jul-2026)
10/11 (90.91%)
$6.2 (10.73%)
786
Buy Since 22-Jul-2026
$62
$1.97 (3.28%)
$47.5
2 months ago
(22-Jul-2026)
6/6 (100%)
$4.2 (7.27%)
209
Hold Since 17-Jul-2024
$60
$2.91 (5.10%)
$56
2 months 27 days ago
(26-Jun-2026)
2/3 (66.67%)
$2.91 (5.10%)
445
Buy Since 28-Sep-2017
$35
$-18.5 (-34.58%)
$35
8 years 11 months 25 days ago
(28-Sep-2017)
3/3 (100%)
$9.53 (37.42%)
2299
What is MBWM (Mercantile Bank) average time for price targets to be met?
Which analyst most recently updated their price target on MBWM (Mercantile Bank)?
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)?