NASDAQ:IBCP - Independent Bank Co.(MI) Price Target & Analyst Ratings

$20.01
+0.53 (+2.72 %)
(As of 08/19/2019 03:35 AM ET)
Today's Range
$19.57
Now: $20.01
$20.05
50-Day Range
$19.46
MA: $21.23
$22.10
52-Week Range
$19.35
Now: $20.01
$25.65
Volume63,000 shs
Average Volume97,748 shs
Market Capitalization$469.63 million
P/E Ratio11.91
Dividend Yield3.70%
Beta0.42

Analyst Ratings

Independent Bank Co.(MI) (NASDAQ:IBCP) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
2 Wall Street analysts have issued ratings and price targets for Independent Bank Co.(MI) in the last 12 months. Their average twelve-month price target is $27.00, suggesting that the stock has a possible upside of 34.93%. The high price target for IBCP is $27.00 and the low price target for IBCP is $27.00. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyHoldHoldHold
Consensus Rating Score: 2.502.332.332.33
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $27.00$27.00$27.00$27.00
Price Target Upside: 34.93% upside25.06% upside25.06% upside21.73% upside

Independent Bank Co.(MI) (NASDAQ:IBCP) Consensus Price Target History

Independent Bank Co.(MI) (NASDAQ:IBCP) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/2/2019Boenning ScattergoodReiterated RatingHoldLowView Rating Details
10/1/2018DA DavidsonUpgradeNeutral ➝ Buy$27.00MediumView Rating Details
7/27/2018Hovde GroupSet Price TargetHold$27.00LowView Rating Details
12/18/2017Compass PointUpgradeNeutral ➝ BuyHighView Rating Details
12/8/2017Keefe, Bruyette & WoodsReiterated RatingHold$24.00LowView Rating Details
(Data available from 8/19/2017 forward)
This page was last updated on 8/19/2019 by MarketBeat.com Staff

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