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INDEPENDENT BANK CORP - MICH (IBCP) Stock Analyst Ratings

NASDAQ:IBCP - Nasdaq - US4538386099 - Common Stock - Currency: USD

35.81  +0.21 (+0.59%)

Buy % Consensus

50

ChartMill assigns a Buy % Consensus number of 50% to IBCP. The Buy consensus is the weighted average rating of the current analysts ratings.

Analysts have set a mean price target forecast of 38.76. This target is 8.24% above the current price.
IBCP was analyzed by 10 analysts. The buy percentage consensus is at 50. So analysts seem to be rather neutral about IBCP.
In the previous month the buy percentage consensus was at a similar level.
IBCP was analyzed by 10 analysts. More opinions would make the average more meaningful.
IBCP Historical Analyst RatingsIBCP Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -97 -88 -79 -70 -61 -52 -43 -34 -25 -16 -7 2 4 6 8 10

Price Target & Forecast

Price Low Median Mean High 35.8135.3539.7838.7643.05 - -1.28% 11.09% 8.24% 20.22%
IBCP Current Analyst RatingIBCP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6
Up and Down Grades
Date Firm Action Rating
2025-01-24 Keefe, Bruyette & Woods Reiterate Market Perform -> Market Perform
2024-12-04 Keefe, Bruyette & Woods Maintains Market Perform -> Market Perform
2024-07-29 Keefe, Bruyette & Woods Reiterate Market Perform -> Market Perform
2024-07-29 Piper Sandler Maintains Neutral -> Neutral
2024-04-30 DA Davidson Maintains Neutral -> Neutral
2023-07-26 Keefe, Bruyette & Woods Maintains Market Perform -> Market Perform
2022-12-13 Keefe, Bruyette & Woods Downgrade Outperform -> Market Perform