The latest price target for Independent Bank (NASDAQ:INDB) was reported by Keefe, Bruyette & Woods on April 22, 2024. The analyst firm set a price target for $60.00 expecting INDB to rise to within 12 months (a possible 22.52% upside). 4 analyst firms have reported ratings in the last year.

The latest analyst rating for Independent Bank (NASDAQ:INDB) was provided by Keefe, Bruyette & Woods, and Independent Bank maintained their market perform rating.

The last upgrade for Independent Bank Corp happened on October 23, 2023 when Seaport Global raised their price target to N/A. Seaport Global previously had a sell for Independent Bank Corp.

The last downgrade for Independent Bank Corp happened on December 13, 2022 when Keefe, Bruyette & Woods changed their price target from N/A to $100 for Independent Bank Corp.

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 22, 2024 so you should expect the next rating to be made available sometime around April 22, 2025.

While ratings are subjective and will change, the latest Independent Bank (INDB) rating was a maintained with a price target of $64.00 to $60.00. The current price Independent Bank (INDB) is trading at is $48.97, which is out of the analyst’s predicted range.