Independent Bank (IBCP)
(Delayed Data from NSDQ)
$33.91 USD
-1.36 (-3.86%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $33.89 -0.02 (-0.06%) 7:58 PM ET
2-Buy of 5 2
B Value F Growth C Momentum D VGM
Independent Bank (IBCP) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$34.30 | $37.50 | $31.00 | -2.75% |
Price Target
Based on short-term price targets offered by five analysts, the average price target for Independent Bank comes to $34.30. The forecasts range from a low of $31.00 to a high of $37.50. The average price target represents a decline of 2.75% from the last closing price of $35.27.
Analyst Price Targets (5 )
Broker Rating
Independent Bank currently has an average brokerage recommendation (ABR) of 3.00 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by five brokerage firms. The current ABR compares to an ABR of 3.00 a month ago based on five recommendations.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 5 | 5 | 5 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/19/2024 | Hovde Group | Brendan Nosal | Hold | Hold |
7/30/2024 | D.A. Davidson | Peter Winter | Hold | Hold |
7/29/2024 | Keefe Bruyette & Woods | Damon P Delmonte | Hold | Hold |
6/11/2024 | Piper Sandler | Nathan Race | Not Available | Hold |
4/25/2024 | Not Identified | Not Identified | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 3.00 |
ABR (Last week) | 3.00 |
# of Recs in ABR | 5 |
Average Target Price | $34.30 |
LT Growth Rate | NA |
Industry | Banks - Midwest |
Industry Rank by ABR | 25 of 253 |
Current Quarter EPS Est: | 0.76 |
IBCP FAQs
Independent Bank Corporation (IBCP) currently has an average brokerage recommendation (ABR) of 3.00 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 5 brokerage firms.
The average price target for Independent Bank Corporation (IBCP) is $34.30. The current on short-term price targets is based on 3 reports.
The forecasts for Independent Bank Corporation (IBCP) range from a low of $31 to a high of $37.5. The average price target represents a increase of $1.15 from the last closing price of $33.91.
The current UPSIDE for Independent Bank Corporation (IBCP) is 1.15%
Based on short-term price targets offered by five analysts, the average price target for Independent Bank comes to $34.30. The forecasts range from a low of $31.00 to a high of $37.50. The average price target represents a decline of 2.75% from the last closing price of $35.27.