Mercantile Bank Corporation (MBWM)
NASDAQ: MBWM · IEX Real-Time Price · USD
38.47
+0.33 (0.87%)
May 3, 2024, 4:00 PM EDT - Market closed
Mercantile Bank Analyst Ratings
Total Analysts
1
Consensus Rating
Buy
Price Target
$47.00
Upside
+22.17%
Ratings History
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $47 | Buy | Reiterates | $47 | +22.17% | Apr 17, 2024 |
| Piper Sandler | Piper Sandler | Hold → Buy Upgrades $38 → $40 | Hold → Buy | Upgrades | $38 → $40 | +3.98% | 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 | -1.22% | Oct 19, 2022 |
| Raymond James | Raymond James | Strong Buy → Buy Downgrades $44 → $35 | Strong Buy → Buy | Downgrades | $44 → $35 | -9.02% | Oct 6, 2022 |
| Raymond James | Raymond James | Buy → Strong Buy Upgrades $44 | Buy → Strong Buy | Upgrades | $44 | +14.37% | Mar 2, 2022 |
| Raymond James | Raymond James | Hold → Buy Upgrades $44 | Hold → Buy | Upgrades | $44 | +14.37% | Jan 19, 2022 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jul 18, 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 n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Sep 11, 2017 |
| DA Davidson | DA Davidson | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jul 6, 2017 |