Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · Real-Time Price · USD
45.43
+0.56 (1.25%)
Dec 20, 2024, 4:00 PM EST - Market closed
Mercantile Bank Analyst Ratings
Total Analysts
2
Consensus Rating
Buy
Price Target
$54.50
Upside
+19.96%
Ratings History
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $50 → $56 | Buy | Maintains | $50 → $56 | +23.27% | Dec 4, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $47 → $51 | Buy | Reiterates | $47 → $51 | +12.26% | Jul 17, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $42 → $53 | Hold | Maintains | $42 → $53 | +16.66% | Jul 17, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $47 | Buy | Reiterates | $47 | +3.46% | Apr 17, 2024 |
| Piper Sandler | Piper Sandler | Hold → Buy Upgrades $38 → $40 | Hold → Buy | Upgrades | $38 → $40 | -11.95% | Mar 7, 2023 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jan 18, 2023 |
| Raymond James | Raymond James | Buy Maintains $35 → $38 | Buy | Maintains | $35 → $38 | -16.35% | Oct 19, 2022 |
| Raymond James | Raymond James | Strong Buy → Buy Downgrades $44 → $35 | Strong Buy → Buy | Downgrades | $44 → $35 | -22.96% | Oct 6, 2022 |
| Raymond James | Raymond James | Buy → Strong Buy Upgrades $44 | Buy → Strong Buy | Upgrades | $44 | -3.15% | Mar 2, 2022 |
| Raymond James | Raymond James | Hold → Buy Upgrades $44 | Hold → Buy | Upgrades | $44 | -3.15% | Jan 19, 2022 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $40 → $41 | Buy | Maintains | $40 → $41 | -9.75% | Jul 18, 2018 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Mar 1, 2018 |
| DA Davidson | DA Davidson | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Sep 28, 2017 |
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $35 | Hold → Strong Buy | Upgrades | $35 | -22.96% | Sep 11, 2017 |
| DA Davidson | DA Davidson | Hold Initiates $35 | Hold | Initiates | $35 | -22.96% | Jul 6, 2017 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Nov 29, 2016 |
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Analyst Star Rankings
Our analyst star rankings are based on these four factors
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- The percentage of ratings that are profitable.
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- The average percentage return within one year of the rating.
- Rating Count
- The more ratings the analyst has provided, the higher the score.
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