NASDAQ:MBWM - Mercantile Bank Price Target & Analyst Ratings

$32.14
+1.11 (+3.58 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$31.18
Now: $32.14
$32.19
50-Day Range
$31.04
MA: $32.30
$34.12
52-Week Range
$26.40
Now: $32.14
$36.55
Volume34,400 shs
Average Volume32,964 shs
Market Capitalization$527.74 million
P/E Ratio12.70
Dividend Yield3.33%
Beta0.77

Analyst Ratings

Mercantile Bank (NASDAQ:MBWM) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
1 Wall Street analysts have issued ratings and price targets for Mercantile Bank in the last 12 months. Their average twelve-month price target is $36.50, suggesting that the stock has a possible upside of 13.57%. The high price target for MBWM is $36.50 and the low price target for MBWM is $36.50. There are currently 1 hold rating for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.002.002.002.33
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 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: $36.50$38.75$38.75$38.1667
Price Target Upside: 13.57% upside14.85% upside14.85% upside13.12% upside

Mercantile Bank (NASDAQ:MBWM) Consensus Price Target History

Mercantile Bank (NASDAQ:MBWM) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/28/2019Hovde GroupReiterated RatingHold$36.50LowView Rating Details
7/18/2018Keefe, Bruyette & WoodsBoost Price TargetOutperform ➝ $36.20$40.00 ➝ $41.00LowView Rating Details
3/27/2018Sandler O'NeillSet Price TargetHold$37.00LowView Rating Details
9/28/2017DA DavidsonDowngradeBuy ➝ Neutral$35.00MediumView Rating Details
(Data available from 8/17/2017 forward)
This page was last updated on 8/17/2019 by MarketBeat.com Staff

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