Independent Bank Corporation (IBCP) Social Stream



Independent Bank Corporation (IBCP): $18.84

0.19 (+1.02%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Independent Bank Corp (IBCP) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering IBCP.

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 $22 10.6%
2022-01-27 4 $27 $24 $25.833 $22 17.42%
2022-03-30 4 $27 $26 $26.5 $22 20.45%

The Trend in the Analyst Price Target


IBCP's average price target has moved up $2 over the prior 48 weeks.

Over the past 52 weeks, IBCP's average upside potential has been 12.14%.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2021-06-26 4 27 24 25.4 22.12 14.83%
2021-07-03 4 27 24 25.2 21.72 16.02%
2021-07-17 4 27 24 25.2 20.58 22.45%
2021-08-07 4 27 23 24.0 21.65 10.85%
2021-08-28 4 27 23 24.0 21.21 13.15%

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


Over the past 151 days, IBCP's average broker recommendation rating improved by 0.3.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for IBCP as an investment opportunity.

  • Independent Bank Corp's variance in analysts' estimates is lower than 73.56% of all US stocks.
  • In the context of all US stocks, Independent Bank Corp's number of analysts covering the stock is higher than 57.18% of them.
  • IBCP has a higher upside potential (average analyst target price relative to current price) than 49.84% of stocks in the small market cap category.
  • IBCP has a higher average analyst price target than 76.13% of Financial Services stocks.

In the Banking industry, HTBK, HONE, and HMST 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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