tm
Seeing Is Believing
tm
Seeing Is Believing
MBWM is currently covered by 4 analysts with an average price target of $59.29. This is a potential downside of $2.34 (-3.8%) from yesterday's end of day stock price of $61.63.
Mercantile Bank's activity chart (see below) currently has 37 price targets and 35 ratings on display. The stock rating distribution of MBWM is 81.82% BUY and 18.18% HOLD.
Analysts average stock forecasts to be materialized ratio is 94.59% with an average time for these price targets to be met of 652.78 days.
Highest price target for MBWM is $65, Lowest price target is $54, average price target is $59.29.
Most recent stock forecast was given by DAMON DELMONTE from STIFEL on 21-Oct-2026. First documented stock forecast 06-Jul-2017.
Currently out of the existing stock ratings of MBWM, 9 are a BUY (81.82%), 2 are a HOLD (18.18%).
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 17-Apr-2024
$65
$4.43 (7.31%)
$64
19 days ago
(21-Oct-2026)
11/13 (84.62%)
$6.29 (10.71%)
727
Buy Since 18-Dec-2025
$62
$1.43 (2.36%)
$62
3 months 18 days ago
(22-Jul-2026)
7/7 (100%)
$4.57 (7.96%)
235
Hold Since 17-Jul-2024
$60
$-0.57 (-0.94%)
$57
4 months 14 days ago
(26-Jun-2026)
4/4 (100%)
$3.28 (5.78%)
275
Buy Since 22-Oct-2025
$57
$-3.57 (-5.89%)
$54
9 months 19 days ago
(21-Jan-2026)
8/8 (100%)
$4.59 (8.76%)
423
Buy Since 28-Sep-2017
$35
$-25.57 (-42.22%)
$35
9 years 1 months 12 days ago
(28-Sep-2017)
3/3 (100%)
$9.88 (39.33%)
2301
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)?
