Mercantile Bank Corporation (MBWM) Social Stream



Mercantile Bank Corporation (MBWM): $32.65

0.70 (+2.19%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Mercantile Bank Corp (MBWM) Price Targets From Analysts

The tables below show price targets and recommendations from analysts covering Mercantile Bank Corp.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-12-20 3 $36 $36 $36 $35.42 1.64%
2022-01-19 3 $44 $39 $41 $35.42 15.75%
2022-03-29 3 $44 $39 $41 $35.42 15.75%

The Trend in the Analyst Price Target


MBWM's average price target has moved up $6.5 over the prior 48 weeks.

MBWM reports an average of 7.67% for its upside potential over the past 51 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2021-04-25 4 36 33 34.50 32.24 7.01%
2021-06-13 4 36 33 34.50 32.03 7.71%
2021-08-07 4 36 33 33.75 32.62 3.46%
2021-08-14 4 36 33 33.75 32.72 3.15%
2021-10-20 3 36 36 36.00 35.64 1.01%

MBWM Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2.33 1 0 2 0 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 MBWM as an investment opportunity.

  • MBWM has a lower variance in analysts' estimates than 87.06% of all US stocks.
  • To contextualize these metrics, consider that out of all US stocks, Mercantile Bank Corp's number of analysts covering the stock is higher than 22.3% of them.
  • In terms of how Mercantile 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 22.47% of that group.
  • In the context of stocks in the small market cap category, Mercantile Bank Corp's average analyst price target is higher than 158.3% of them.

Stocks similar to Mercantile Bank Corp in the Banking industry regarding analyst recommendations and price targets are MBIN, LEVL, and LBC.

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


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