Independent Bank Corporation (IBCP) Social Stream



Independent Bank Corporation (IBCP): $23.33

0.14 (+0.60%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

INDEPENDENT BANK CORP (IBCP) Price Targets From Analysts

Use the tables below to see what analysts covering INDEPENDENT BANK CORP think about its future price and what recommendations they have for investors and traders.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-12-20 4 $25 $24 $24.333 $23.19 4.93%
2022-01-27 4 $27 $24 $25.833 $23.19 11.4%
2022-04-26 4 $27 $26 $26.5 $23.19 14.27%
2022-04-29 4 $26 $23 $24.333 $23.19 4.93%
2022-05-03 4 $24 $22 $23 $23.19 -0.82%
2022-06-10 4 $24 $20 $22.333 $23.19 -3.7%
2022-07-28 3 $23 $20.001 $21.667 $23.19 -6.57%
2022-10-10 3 $23 $22 $22.333 $23.19 -3.7%
2022-10-20 3 $23 $21 $22 $23.19 -5.13%
2022-10-25 3 $24.5 $21 $22.833 $23.19 -1.54%
2022-10-27 3 $24.5 $21 $23.333 $23.19 0.62%
2022-11-11 3 $24.5 $24 $24.333 $23.19 4.93%
2022-12-13 4 $26 $24 $24.75 $23.19 6.73%
2022-12-22 4 $26.5 $24 $25.25 $23.19 8.88%
2023-01-27 4 $26.5 $24 $25.125 $23.19 8.34%

The Trend in the Analyst Price Target


IBCP's average price target has moved up $1.12 over the prior 17 months.

IBCP reports an average of 12.07% for its upside potential over the past 43 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2022-04-26 4 26.5 24.000 25.500 20.56 24.03%
2022-06-10 4 24.0 20.000 22.333 18.33 21.84%
2022-07-27 3 23.0 20.001 21.667 20.47 5.85%
2022-10-25 3 24.5 21.000 22.833 21.99 3.83%
2022-11-11 3 24.5 24.000 24.333 24.04 1.22%

IBCP Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2.5 1 0 3 0 0 4

The Trend in the Broker Recommendations


IBCP's average broker recommendation rating improved by 0 over the prior 44 weeks.

Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.

  • INDEPENDENT BANK CORP's variance in analysts' estimates is lower than -41.61% of all US stocks.
  • IBCP has a higher number of analysts covering the stock than 227.36% of all US stocks.
  • In terms of how INDEPENDENT BANK CORP fares relative to stocks in the small market cap category, note that its upside potential (average analyst target price relative to current price) is higher than 195.65% of that group.
  • To contextualize these metrics, consider that out of Financial Services stocks, INDEPENDENT BANK CORP's average analyst price target is greater than 395.49% of them.

In the Banking industry, SRCE, FSBC, and ESQ are the three stocks most similar to INDEPENDENT BANK CORP regarding the price target and analyst recommendation information presented here.

Is IBCP a Buy, Hold or Sell? See the POWR Ratings now!


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