MERCANTILE BANK CORP (MBWM)
US5873761044 - Common Stock
ChartMill assigns a Buy % Consensus number of 80% to MBWM. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 42.5. This target is 7.6% above the current price.
MBWM was analyzed by 10 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about MBWM.
In the previous month the buy percentage consensus was at a similar level.
MBWM was analyzed by 10 analysts. More opinions would make the average more meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-04-17 | Keefe, Bruyette & Woods | Reiterate | Outperform -> Outperform |
| 2023-03-07 | Piper Sandler | Upgrade | Neutral -> Overweight |
| 2023-01-18 | Raymond James | Downgrade | Outperform -> Market Perform |
| 2022-10-19 | Raymond James | Maintains | Outperform |
| 2022-10-06 | Raymond James | Downgrade | Strong Buy -> Outperform |
| 2022-03-02 | Raymond James | Upgrade | Outperform -> Strong Buy |
| 2022-01-19 | Raymond James | Upgrade | Market Perform -> Outperform |