MERCHANTS BANCORP/IN (MBIN)

US58844R1086 - Common Stock

39.4  +1.21 (+3.17%)

After market: 39.4 0 (0%)

Buy % Consensus

80

ChartMill assigns a Buy % Consensus number of 80% to MBIN. The Buy consensus is the weighted average rating of the current analysts ratings.

Analysts have set a mean price target forecast of 57.12. This target is 44.97% above the current price.
MBIN was analyzed by 9 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about MBIN.
In the previous month the buy percentage consensus was at a similar level.
MBIN was analyzed by 9 analysts. More opinions would make the average more meaningful.

Price Target & Forecast

Price Low Median Mean High 39.4054.5457.1257.1260.90 - 38.43% 44.97% 44.97% 54.57%
Up and Down Grades
Date Firm Action Rating
2024-10-30 Piper Sandler Reiterate Overweight -> Overweight
2024-10-29 Raymond James Maintains Outperform -> Outperform
2024-09-09 Morgan Stanley Initiate Equal-Weight
2024-07-30 Raymond James Downgrade Strong Buy -> Outperform
2024-05-17 Piper Sandler Reiterate Overweight -> Overweight
2024-05-15 Raymond James Reiterate Strong Buy -> Strong Buy
2024-05-03 Piper Sandler Reiterate Overweight -> Overweight
2024-01-30 Raymond James Maintains Strong Buy -> Strong Buy
2023-10-30 Raymond James Maintains Strong Buy -> Strong Buy
2023-07-31 Raymond James Maintains Strong Buy -> Strong Buy
2023-07-31 Piper Sandler Maintains Overweight -> Overweight
2023-05-01 Piper Sandler Maintains Overweight
2023-02-28 Raymond James Maintains Strong Buy
2023-01-31 Raymond James Maintains Strong Buy
2022-10-06 Raymond James Maintains Strong Buy
2022-09-28 Piper Sandler Maintains Overweight
2022-08-01 Raymond James Maintains Strong Buy
2022-05-02 Raymond James Maintains Strong Buy
2021-11-02 Raymond James Maintains Strong Buy
2021-08-26 Raymond James Maintains Strong Buy