Mid Penn Bancorp, Inc. (MPB)
NASDAQ: MPB · Real-Time Price · USD
32.43
+0.78 (2.46%)
Nov 22, 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 0.74% from the current stock price of 32.43.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 3 | 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 | 3 | 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 | +14.09% | Oct 29, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $31 → $35 | Buy | Maintains | $31 → $35 | +7.92% | Oct 28, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $25 → $31 | Buy | Maintains | $25 → $31 | -4.41% | Jul 29, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $27 → $26 | Buy | Maintains | $27 → $26 | -19.83% | Feb 1, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Initiates $26 | Buy | Initiates | $26 | -19.83% | Dec 5, 2023 |
Financial Forecast
Revenue This Year
178.80M
Revenue Next Year
213.91M
from 178.80M
Increased by 19.64%
EPS This Year
2.94
from 2.29
Increased by 28.35%
EPS Next Year
2.98
from 2.94
Increased by 1.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 186.5M | 236.9M | 273.2M |
| Avg | 178.8M | 213.9M | 239.9M |
| Low | 172.4M | 185.9M | 197.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 32.5% | 27.7% |
| Avg | - | 19.6% | 12.1% |
| Low | - | 4.0% | -7.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.07 | 3.30 | 4.00 |
| Avg | 2.94 | 2.98 | 3.56 |
| Low | 2.84 | 2.72 | 3.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 33.9% | 12.2% | 34.3% |
| Avg | 28.3% | 1.4% | 19.5% |
| Low | 24.1% | -7.3% | 10.8% |
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.