Evolution of the Average Target: Independent Bank Corp.

Evolution of the Target Price: Independent Bank Corp.

Changes in Analyst Recommendations: Independent Bank Corp.

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05-15 Hovde Group Initiates Coverage on Independent Bank With Outperform Rating MT
04-20 Raymond James Lifts Price Target on Independent Bank to $97 From $94, Keeps Strong Buy Rating MT
04-16 Stephens Initiates Independent Bank at Overweight MT
02-02 Barclays Downgrades Independent Bank to Underweight From Equalweight, Price Target is $80 MT
01-26 Raymond James Raises Price Target on Independent Bank to $94 From $84, Keeps Strong Buy Rating MT
12-17 Barclays Initiates Independent Bank at Equalweight With $80 Price Target MT
25-10-21 KBW Upgrades Independent Bank to Outperform From Market Perform, Adjusts Price Target to $83 From $80 MT
25-10-16 Independent Bank's Q3 profit beats estimates on Enterprise Bancorp acquisition boost RE
25-07-21 Raymond James Raises Price Target on Independent Bank to $84 From $78, Keeps Strong Buy Rating MT
24-10-21 Raymond James Upgrades Independent Bank to Strong Buy From Market Perform, Price Target is $74 MT
24-07-22 Seaport Global Upgrades Independent Bank to Buy From Neutral MT
24-04-22 Keefe, Bruyette & Woods Adjusts Price Target on Independent Bank to $60 From $64, Maintains Market Perform Rating MT
24-01-22 Keefe Bruyette & Woods Adjusts Price Target on Independent Bank to $64 From $66, Maintains Market Perform Rating MT
23-10-23 Seaport Upgrades Independent Bank to Neutral From Sell MT
23-09-12 Seaport Initiates Independent Bank at Sell Rating With $45 Price Target MT
23-04-25 Keefe, Bruyette & Woods Adjusts Price Target on Independent Bank to $68 From $80, Maintains Market Perform Rating MT
23-04-06 Keefe, Bruyette & Woods Lowers Price Target on Independent Bank to $80 From $90, Maintains Market Perform Rating MT
22-12-21 Raymond James Starts Independent Bank at Market Perform MT
22-12-13 Keefe Bruyette & Woods Downgrades Massachusetts-based Independent Bank to Market Perform From Outperform, PT is 100 MT
22-12-13 Keefe Bruyette & Woods Downgrades Independent Bank to Market Perform From Outperform, Price Target is $26 MT
21-10-25 INDEPENDENT BANK : Piper Sandler Downgrades Independent Bank to Neutral From Overweight, Adjusts Price Target to $88 From $82 MT
21-04-26 INDEPENDENT BANK : Seaport Global Upgrades Independent Bank to Buy From Neutral; Price Target is $94 MT
20-12-17 INDEPENDENT BANK : Seaport Global Initiates Coverage on Independent Bank With Neutral Rating MT

Consensus Analysts' recommendations evolution (4 months) Financial estimates divergence Analysts' Target price divergence Objective/dr gap
+10.07%
+20.22%
-1.59%
+15.14%
+35.55%
+6.54%
+24.05%
+35.35%
+19.96%
Average +18.36%
Weighted average by Cap. +18.63%
See all sector consensus

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
83.71USD
Average target price
92.14USD
Spread / Average Target
+10.07%
High Price Target
99.00USD
Spread / Highest target
+18.27%
Low Price Target
82.00USD
Spread / Lowest Target
-2.04%

Analyst Consensus Detail

Consensus revision (last 18 months)

Analysts covering the company

Hovde Group
Raymond James
Stephens Inc.
Barclays
Keefe Bruyette & Woods
Keefe, Bruyette & Woods
Seaport Global Securities
Piper Sandler
Trader
Investor
-
Global
-
Quality
ESG MSCI
BB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
83.71USD
Average target price
92.14USD
Spread / Average Target
+10.07%

Quarterly revenue - Rate of surprise

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  4. Consensus Independent Bank Corp.