Mercantile Bank Corp. Stock Forecast
Recent Mercantile Bank Corp. Stock Price |
|
Mercantile Bank Corp. Stock Forecast Price |
$34.14 |
+31.81% |
$45.00 |
As of 2024-04-17
Recent Mercantile Bank Corp. Analyst Ratings Breakdown |
|
Current |
1 Mo. Ago |
2 Mo. Ago |
3 Mo. Ago |
Strong buy ratings: |
1 |
1 |
1 |
1 |
Buy ratings: |
1 |
1 |
1 |
1 |
Hold ratings: |
2 |
2 |
1 |
1 |
Sell ratings: |
0 |
0 |
0 |
0 |
Strong sell ratings: |
0 |
0 |
0 |
0 |
Average rating: |
2.25 |
2.25 |
2.0 |
2.0 |
In the last row of the above table, the average rating presented is from 1 to 5 where 1 means Strong Buy and 5 means Strong Sell.
The presented Mercantile Bank Corp. stock forecast (traded under symbol MBWM), for forward-twelve-months price target as shown at the top of this page, gives you the average Mercantile Bank Corp. stock forecast for forward target price for symbol MBWM, across the 2 analysts covering Mercantile Bank Corp. (MBWM), as reported in
data provided by Zacks Investment Research via Quandl.com.
Investors should also take note that the median Mercantile Bank Corp. stock forecast price target (i.e. representing the middle ground number where half of analysts had a higher Mercantile Bank Corp. stock forecast and half had a lower Mercantile Bank Corp. stock forecast) was $45.0 as of 2024-04-17 (which is a different mathematical metric versus taking the average or mean), while the
highest Mercantile Bank Corp. stock forecast in the analyst group was $47.0, and the lowest Mercantile Bank Corp. stock forecast in the analyst group was
$43.0, with a standard deviation of $2.828. Get the latest Zacks research report on MBWM — FREE
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Company Name: |
Mercantile Bank Corp. |
Stock buyback: |
MBWM buyback |
Website: |
www.mercbank.com |
Sector: |
Banking & Savings |
Number of ETFs Holding MBWM: |
27 |
Total Market Value Held by ETFs: |
$56.94M |
Total Market Capitalization: |
$572.00M |
% of Market Cap. Held by ETFs: |
9.95% |
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April 17, 2024 9:10 PM Eastern
Buy (2.75 out of 4)
100th percentile
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