Mid Penn Bancorp, Inc. (MPB)
NASDAQ: MPB · IEX Real-Time Price · USD
20.50
+0.70 (3.54%)
Apr 19, 2024, 4:00 PM EDT - Market closed
Mid Penn Bancorp Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Mid Penn Bancorp stock have an average target of 26, which predicts an increase of 26.83% from the current stock price of 20.50.
Analyst Consensus: Buy
* Price targets were last updated on Feb 1, 2024.
Analyst Ratings
The average analyst rating for MPB stock from 2 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 |
| Buy | 1 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $27 → $26 | Buy | Maintains | $27 → $26 | +26.83% | Feb 1, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Initiates $26 | Buy | Initiates | $26 | +26.83% | Dec 5, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Initiates n/a | Buy | Initiates | n/a | n/a | May 3, 2021 |
Financial Forecast
Revenue This Year
173.47M
from 163.69M
Increased by 5.98%
Revenue Next Year
189.84M
from 173.47M
Increased by 9.44%
EPS This Year
2.62
from 2.29
Increased by 14.31%
EPS Next Year
2.98
from 2.62
Increased by 13.80%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 181.7M | 206.8M |
| Avg | 173.5M | 189.8M |
| Low | 166.7M | 177.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 11.0% | 19.2% |
| Avg | 6.0% | 9.4% |
| Low | 1.8% | 2.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.94 | 3.26 |
| Avg | 2.62 | 2.98 |
| Low | 2.41 | 2.60 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 28.4% | 24.4% |
| Avg | 14.3% | 13.8% |
| Low | 5.1% | -0.9% |
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.