Question 1

What is the analyst consensus rating for MBWM?

Accepted Answer

The analyst consensus rating for MBWM is "Buy" based on 2 analyst recommendations.

Question 2

What is the average price target for MBWM?

Accepted Answer

The average 12-month price target for MBWM is $55.50, representing an upside of 2.1% from the current price of $54.34.

Question 3

What do analyst ratings mean?

Accepted Answer

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

Question 4

What is a price target?

Accepted Answer

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.

Date	Analyst	Firm	Action	Rating	Price Target
Jan 21, 2026	Damon Delmonte	Keefe, Bruyette & Woods	Maintains	Buy	$56.00 → $57.00 +1.00 (1.8%)
Jan 7, 2026	Daniel Tamayo	Raymond James	Maintains	Buy	$52.00 → $54.00 +2.00 (3.9%)

Mercantile Bank (MBWM) Stock Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest MBWM Analyst Ratings & Recommendations