MERCHANTS BANCORP/IN logo

MERCHANTS BANCORP/IN (MBIN)

$22.86

MERCHANTS BANCORP/IN (MBIN) Share Price Forecast
Currently 8 wall-street analysts regularly analyze the financials of MERCHANTS BANCORP/IN on a frequent basis to provide recommendations along with target share price. 8 analysts offering 12-month price forecasts for MERCHANTS BANCORP/IN (MBIN) have a share price target of $34.5. This median of share price forecast represents a 50.92% upside from the latest price of $22.86 as on 01.06.23.

MERCHANTS BANCORP/IN (MBIN) Price vs Consensus Price Target

Price
Target Price
As per the chart shown above, analysts believe that the MERCHANTS BANCORP/IN (MBIN) share price will touch around $34.5 in next 12-months.
MERCHANTS BANCORP/IN (MBIN) Share Price Forecast v/s Share Price Today
Below is a chart showing the percentage difference between MERCHANTS BANCORP/IN's share price and its median forecast price. As on 01.06.23, the difference is -31.42%

MERCHANTS BANCORP/IN (MBIN): Difference between Current Price & Median Forecasted Price

Difference in Percentage terms
MERCHANTS BANCORP/IN (MBIN) Share Price : Analyst Recommendation
Based on 8 analysts tracking and researching MERCHANTS BANCORP/IN (MBIN) share have buy recommendation on an average.

3M Ago1M AgoCurrent
Buy
4
4
4
Outperform
3
3
3
Hold
1
1
1
Underperform
0
0
0
Sell
0
0
0
MERCHANTS BANCORP/IN (MBIN) Share Price Technical Analysis

50 Day Moving Average v/s Current Share Price

Moving Average
Price

200 Day Moving Average v/s Current Share Price

Moving Average
Price

FAQs

The latest share price target for MERCHANTS BANCORP/IN (MBIN) is $34.5, offered by 8 analysts offering 12-month price forecasts.

MERCHANTS BANCORP/IN (MBIN) has a maximum of 0.51 upside potential, based on 8 analysts offering 12-month price forecasts.

Based on 8 analysts tracking and researching MERCHANTS BANCORP/IN (MBIN), 87.5% have a buy recommendation. Remaining 12.5% have either sell or hold recommendations.

The latest share price of MERCHANTS BANCORP/IN (MBIN) is $22.86 as of 01/06/2023.

7 of total 8 analysts offering stock ratings for MERCHANTS BANCORP/IN MBIN have recommended buy rating.