The latest price target for Independent Bank (NASDAQ:IBCP) was reported by DA Davidson on April 30, 2024. The analyst firm set a price target for $28.00 expecting IBCP to rise to within 12 months (a possible 8.78% upside). 2 analyst firms have reported ratings in the last year.

The latest analyst rating for Independent Bank (NASDAQ:IBCP) was provided by DA Davidson, and Independent Bank maintained their neutral rating.

There is no last upgrade for Independent Bank

The last downgrade for Independent Bank Corp (Ionia MI) happened on December 13, 2022 when Keefe, Bruyette & Woods changed their price target from N/A to $26 for Independent Bank Corp (Ionia MI).

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Independent Bank, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Independent Bank was filed on April 30, 2024 so you should expect the next rating to be made available sometime around April 30, 2025.

While ratings are subjective and will change, the latest Independent Bank (IBCP) rating was a maintained with a price target of $28.00 to $28.00. The current price Independent Bank (IBCP) is trading at is $25.74, which is out of the analyst’s predicted range.