Independent Bank Corporation (IBCP) Social Stream
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 | $18.39 | 32.32% |
| 2022-01-27 | 4 | $27 | $24 | $25.833 | $18.39 | 40.47% |
| 2022-04-26 | 4 | $27 | $26 | $26.5 | $18.39 | 44.1% |
| 2022-04-29 | 4 | $26 | $23 | $24.333 | $18.39 | 32.32% |
| 2022-05-03 | 4 | $24 | $22 | $23 | $18.39 | 25.07% |
| 2022-06-10 | 4 | $24 | $20 | $22.333 | $18.39 | 21.44% |
| 2022-07-28 | 3 | $23 | $20.001 | $21.667 | $18.39 | 17.82% |
| 2022-10-10 | 3 | $23 | $22 | $22.333 | $18.39 | 21.44% |
| 2022-10-20 | 3 | $23 | $21 | $22 | $18.39 | 19.63% |
| 2022-10-25 | 3 | $24.5 | $21 | $22.833 | $18.39 | 24.16% |
| 2022-10-27 | 3 | $24.5 | $21 | $23.333 | $18.39 | 26.88% |
| 2022-11-11 | 3 | $24.5 | $24 | $24.333 | $18.39 | 32.32% |
| 2022-12-13 | 4 | $26 | $24 | $24.75 | $18.39 | 34.58% |
| 2022-12-22 | 4 | $26.5 | $24 | $25.25 | $18.39 | 37.3% |
| 2023-02-14 | 4 | $26.5 | $24 | $25.125 | $18.39 | 36.62% |
| 2023-03-28 | 4 | $26 | $20 | $23.5 | $18.39 | 27.79% |
| 2023-04-27 | 4 | $26 | $19 | $22.25 | $18.39 | 20.99% |
| 2023-05-02 | 4 | $26 | $19 | $21.125 | $18.39 | 14.87% |
| 2023-06-27 | 4 | $26 | $17 | $20.625 | $18.39 | 12.15% |
| 2023-07-07 | 4 | $26 | $17.001 | $20.625 | $18.39 | 12.15% |
| 2023-07-27 | 4 | $22 | $21 | $21.75 | $18.39 | 18.27% |
The Trend in the Analyst Price Target
Over the past 29 months, IBCP's average price target has gone up $1.7.
IBCP reports an average of 14.73% 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 |
|---|---|---|---|---|---|---|
| 2022-11-11 | 4 | 24.5 | 24 | 24.333 | 24.04 | 1.22% |
| 2022-12-22 | 4 | 26.5 | 24 | 25.250 | 23.56 | 7.17% |
| 2023-01-27 | 4 | 26.5 | 24 | 25.125 | 21.62 | 16.21% |
| 2023-03-28 | 4 | 26.0 | 20 | 23.500 | 17.59 | 33.6% |
| 2023-05-02 | 4 | 26.0 | 19 | 21.125 | 15.94 | 32.53% |
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 worsened by 0.17 over the prior 48 weeks.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- IBCP has a higher number of analysts covering the stock than 304.62% of all US stocks.
- INDEPENDENT BANK CORP's variance in analysts' estimates is lower than -245.77% of all US stocks.
- In the context of stocks in the small market cap category, INDEPENDENT BANK CORP's upside potential (average analyst target price relative to current price) is greater than 482.77% of them.
- In the context of Financial Services stocks, INDEPENDENT BANK CORP's average analyst price target is greater than 598.26% of them.
In the Banking industry, FSBC, ESQ, and BLX are the three stocks most similar to INDEPENDENT BANK CORP regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
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