MBWM - Mercantile Bank - Stock Forecast

Coverage Stock analysts Price Targets & Ratings Chart Insider Trading

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.

Stock Analyst Price Targets - Review

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.

Best performing analysts who are covering MBWM - Mercantile Bank:

Kevin Reevey Damon Delmonte Daniel Tamayo Brendan Nosal Nathan Race

Currently out of the existing stock ratings of MBWM, 6 are a BUY (85.71%), 1 are a HOLD (14.29%).

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

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

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

On average it took 662 days for the stock forecasts to be reached, with an average price target met ratio of 93.9%.

Which analyst most recently updated their price target on MBWM (Mercantile Bank)?

Daniel Tamayo

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

NATHAN RACE

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

Daniel Tamayo works at RAYMOND JAMES and has 6 price targets and 3 ratings on MBWM

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

Daniel Tamayo with the highest potential upside of $4.97

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

Kevin Reevey with the lowest potential downside of -$18.5

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