MBWM
MBWM
NASDAQ · Banking

Mercantile Bank Corp

$61.56
+0.16 (+0.26%)
As of Aug 15, 1:48 AM ET ·
Analyst Consensus
Buy
12
Analysts
Moderate
Coverage
Buy 8 67%
Hold 4 33%
Sell 0 0%
Price Target
Analyst Price Target +8.1% upside
Low Target $41.17
Average Target $66.54
High Target $85.59
Current Price $61.56
Current
$61.56
Target
$66.54
$41.17 $66.54 avg $85.59
Scenario Analysis
Bear Case
$41.17
-33.1%
Low target
Base Case
$66.54
+8.1%
Avg target
Bull Case
$85.59
+39.0%
High target
Risk/Reward
1.2x
Balanced
Price in Context
52-Week High
$62.39
-1.3% from high
52-Week Low
$42.75
+44.0% from low
Target vs 52W High
$66.54
+6.7% vs high
Peer Consensus — Banking
Stock Consensus Analysts Buy % Target Upside
HDB
HDFC Bank Limited
Strong Buy 47 96% +0.0%
IBN
ICICI Bank Limited
Strong Buy 43 98% +0.0%
JPM
JPMorgan Chase & Co
Buy 30 60% $335.70 -7.5%
BAC
Bank of America Corp
Strong Buy 29 79% $69.86 +8.3%
RY
Royal Bank Of Canada
Strong Buy 23 78% $402.35 +85.8%
TD
Toronto-Dominion Bank
Buy 22 73% $453.98 +265.1%
WFC
Wells Fargo & Co
Buy 30 67% $276.79 +211.6%
C
Citigroup Inc
Strong Buy 28 79% $90.41 -35.1%