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Merchants Bancorp (MBIN) Stock Forecast & Price Target

+0.39 (+0.80%)
(As of 07/19/2024 ET)

Merchants Bancorp - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 2 Wall Street analysts who have issued ratings for Merchants Bancorp in the last 12 months, the stock has a consensus rating of "Strong Buy." Out of the 2 analysts, 1 has given a buy rating, and 1 has given a strong buy rating for MBIN.

Consensus Price Target

13.38% Upside
High Forecast$56.00
Average Forecast$55.50
Low Forecast$55.00

According to the 2 analysts' twelve-month price targets for Merchants Bancorp, the average price target is $55.50. The highest price target for MBIN is $56.00, while the lowest price target for MBIN is $55.00. The average price target represents a forecasted upside of 13.38% from the current price of $48.95.

TypeCurrent Forecast
7/21/23 to 7/20/24
1 Month Ago
6/21/23 to 6/20/24
3 Months Ago
4/22/23 to 4/21/24
1 Year Ago
7/21/22 to 7/21/23
Consensus Rating
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$55.50$55.50$46.50$34.50
Forecasted Upside13.38% Upside29.49% Upside24.58% Upside29.17% Upside
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MBIN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MBIN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Merchants Bancorp Stock vs. The Competition

TypeMerchants BancorpFinance CompaniesS&P 500
Consensus Rating Score
Consensus RatingStrong BuyHoldModerate Buy
Predicted Upside13.38% Upside37.78% Upside10.04% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/17/2024Piper Sandler
2 of 5 stars
 Reiterated RatingOverweight ➝ Overweight$58.50 ➝ $56.00+30.72%
5/15/2024Raymond James
4 of 5 stars
 Reiterated RatingStrong-Buy ➝ Strong-Buy$55.00 ➝ $55.00+28.26%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:53 PM ET.

MBIN Forecast - Frequently Asked Questions

What is Merchants Bancorp's forecast for 2024?

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Merchants Bancorp is $55.50, with a high forecast of $56.00 and a low forecast of $55.00.

Should I buy or sell Merchants Bancorp stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Merchants Bancorp in the last year. There is currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" MBIN shares.

Does Merchants Bancorp's stock price have much upside?

According to analysts, Merchants Bancorp's stock has a predicted upside of 29.49% based on their 12-month stock forecasts.

What analysts cover Merchants Bancorp?

Merchants Bancorp has been rated by research analysts at Piper Sandler, and Raymond James in the past 90 days.

Do Wall Street analysts like Merchants Bancorp more than its competitors?

Analysts like Merchants Bancorp more than other "finance" companies. The consensus rating for Merchants Bancorp is Strong Buy while the average consensus rating for "finance" companies is Hold. Learn more on how MBIN compares to other companies.

This page (NASDAQ:MBIN) was last updated on 7/20/2024 by Staff

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