Mid Penn Bancorp, Inc. (MPB)
NASDAQ: MPB · Real-Time Price · USD
31.01
+0.50 (1.64%)
Nov 4, 2024, 4:00 PM EST - Market closed
Mid Penn Bancorp Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Mid Penn Bancorp stock have an average target of 32.67, with a low estimate of 26 and a high estimate of 37. The average target predicts an increase of 5.35% from the current stock price of 31.01.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MPB stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $34 → $37 | Buy | Maintains | $34 → $37 | +19.32% | Oct 29, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $31 → $35 | Buy | Maintains | $31 → $35 | +12.87% | Oct 28, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $25 → $31 | Buy | Maintains | $25 → $31 | -0.03% | Jul 29, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $27 → $26 | Buy | Maintains | $27 → $26 | -16.16% | Feb 1, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Initiates $26 | Buy | Initiates | $26 | -16.16% | Dec 5, 2023 |
Financial Forecast
Revenue This Year
177.23M
Revenue Next Year
193.16M
from 177.23M
Increased by 8.99%
EPS This Year
2.91
from 2.29
Increased by 27.17%
EPS Next Year
3.14
from 2.91
Increased by 7.86%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 185.3M | 204.0M |
| Avg | 177.2M | 193.2M |
| Low | 170.8M | 184.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | - | 15.1% |
| Avg | - | 9.0% |
| Low | - | 3.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.08 | 3.49 |
| Avg | 2.91 | 3.14 |
| Low | 2.79 | 2.82 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 34.3% | 19.7% |
| Avg | 27.2% | 7.9% |
| Low | 22.0% | -3.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.