Middlefield Banc Corp has a consensus price target of $27.5 based on the ratings of 3 analysts. The high is $30 issued by Janney Montgomery Scott on December 21, 2022. The low is $25 issued by Keefe, Bruyette & Woods on May 2, 2024. The 2 most-recent analyst ratings were released by Keefe, Bruyette & Woods and Janney Montgomery Scott on May 2, 2024 and December 21, 2022, respectively. With an average price target of $27.5 between Keefe, Bruyette & Woods and Janney Montgomery Scott, there's an implied -15.33% downside for Middlefield Banc Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Middlefield Banc (NASDAQ:MBCN) was reported by Keefe, Bruyette & Woods on May 2, 2024. The analyst firm set a price target for $25.00 expecting MBCN to fall to within 12 months (a possible -17.90% downside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Middlefield Banc (NASDAQ:MBCN) was provided by Keefe, Bruyette & Woods, and Middlefield Banc reiterated their market perform rating.
There is no last upgrade for Middlefield Banc
There is no last downgrade for Middlefield Banc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Middlefield Banc, 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 Middlefield Banc was filed on May 2, 2024 so you should expect the next rating to be made available sometime around May 2, 2025.
While ratings are subjective and will change, the latest Middlefield Banc (MBCN) rating was a reiterated with a price target of $30.00 to $25.00. The current price Middlefield Banc (MBCN) is trading at is $30.45, which is out of the analyst’s predicted range.
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