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Merchants Bancorp

MBINNASDAQ
Logo brought to you by Benzinga Data
$36.15
0.210.58%
At close: -
$36.15
0.000.00%
After Hours: Dec 20, 4:00 PM EDT
Consensus Rating1
Overweight
Highest Price Target1
$55.00
Lowest Price Target1
$30.00
Consensus Price Target1
$44.70

Merchants Bancorp (NASDAQ:MBIN) Stock, Analyst Ratings, Price Targets, Forecasts

Merchants Bancorp has a consensus price target of $44.7 based on the ratings of 5 analysts. The high is $55 issued by Raymond James on October 29, 2024. The low is $30 issued by Piper Sandler on September 28, 2022. The 3 most-recent analyst ratings were released by Piper Sandler, Piper Sandler, and Raymond James on November 26, 2024, October 30, 2024, and October 29, 2024, respectively. With an average price target of $51.83 between Piper Sandler, Piper Sandler, and Raymond James, there's an implied 43.38% upside for Merchants Bancorp from these most-recent analyst ratings.

Analyst Trends and Forecast
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Jul
1
Sep
2
Oct
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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3.7
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Raymond James
Morgan Stanley
Raymond James
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Merchants Bancorp

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Merchants Bancorp (MBIN) stock?

A

The latest price target for Merchants Bancorp (NASDAQ:MBIN) was reported by Piper Sandler on November 26, 2024. The analyst firm set a price target for $52.50 expecting MBIN to rise to within 12 months (a possible 45.23% upside). 9 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Merchants Bancorp (MBIN)?

A

The latest analyst rating for Merchants Bancorp (NASDAQ:MBIN) was provided by Piper Sandler, and Merchants Bancorp maintained their overweight rating.

Q

When was the last upgrade for Merchants Bancorp (MBIN)?

A

There is no last upgrade for Merchants Bancorp

Q

When was the last downgrade for Merchants Bancorp (MBIN)?

A

The last downgrade for Merchants Bancorp happened on July 30, 2024 when Raymond James changed their price target from $55 to $58 for Merchants Bancorp.

Q

When is the next analyst rating going to be posted or updated for Merchants Bancorp (MBIN)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Merchants Bancorp, 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 Merchants Bancorp was filed on November 26, 2024 so you should expect the next rating to be made available sometime around November 26, 2025.

Q

Is the Analyst Rating Merchants Bancorp (MBIN) correct?

A

While ratings are subjective and will change, the latest Merchants Bancorp (MBIN) rating was a maintained with a price target of $48.00 to $52.50. The current price Merchants Bancorp (MBIN) is trading at is $36.15, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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