$39.55
00.00%
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Merchants Bancorp
MBINNASDAQ
Merchants Bancorp (NASDAQ:MBIN) Stock, Analyst Ratings, Price Targets, Predictions
Merchants Bancorp has a consensus price target of $43.25, established from looking at the 16 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, Raymond James, and Piper Sandler on May 17, 2024, May 15, 2024, and May 3, 2024. With an average price target of $56.5 between Piper Sandler, Raymond James, and Piper Sandler, there's an implied 40.49% upside for Merchants Bancorp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Piper Sandler
Raymond James
Raymond James
Piper Sandler
1calculated from analyst ratings
Analyst Ratings for Merchants Bancorp
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/17/2024 | Buy Now | 39.25% | Piper Sandler | Nathan Rice | $58.5 → $56 | Reiterates | Overweight → Overweight | Get Alert |
| 05/15/2024 | Buy Now | 36.76% | Raymond James | Daniel Tamayo | $55 → $55 | Reiterates | Strong Buy → Strong Buy | Get Alert |
| 05/03/2024 | Buy Now | 45.47% | Piper Sandler | Nathan Rice | $53 → $58.5 | Reiterates | Overweight → Overweight | Get Alert |
| 01/30/2024 | Buy Now | 36.76% | Raymond James | Daniel Tamayo | $44 → $55 | Maintains | Strong Buy | Get Alert |
| 10/30/2023 | Buy Now | 9.41% | Raymond James | Daniel Tamayo | $41 → $44 | Maintains | Strong Buy | Get Alert |
| 07/31/2023 | Buy Now | -5.51% | Piper Sandler | Nathan Rice | $31 → $38 | Maintains | Overweight | Get Alert |
| 07/31/2023 | Buy Now | 1.95% | Raymond James | Daniel Tamayo | $38 → $41 | Maintains | Strong Buy | Get Alert |
| 05/01/2023 | Buy Now | -22.91% | Piper Sandler | Nathan Rice | $35 → $31 | Maintains | Overweight | Get Alert |
| 02/28/2023 | Buy Now | -5.51% | Raymond James | Daniel Tamayo | $35 → $38 | Maintains | Strong Buy | Get Alert |
| 01/31/2023 | Buy Now | -12.97% | Raymond James | Daniel Tamayo | $32 → $35 | Maintains | Strong Buy | Get Alert |
| 10/06/2022 | Buy Now | -20.43% | Raymond James | David Long | $37 → $32 | Maintains | Strong Buy | Get Alert |
| 09/28/2022 | Buy Now | -25.4% | Piper Sandler | Nathan Race | $31 → $30 | Maintains | Overweight | Get Alert |
| 08/01/2022 | Buy Now | -7.99% | Raymond James | Daniel Tamayo | $33 → $37 | Maintains | Strong Buy | Get Alert |
| 05/02/2022 | Buy Now | -17.94% | Raymond James | Daniel Tamayo | $37 → $33 | Maintains | Strong Buy | Get Alert |
| 11/02/2021 | Buy Now | 36.76% | Raymond James | Daniel Tamayo | — | Maintains | Strong Buy | Get Alert |
| 08/26/2021 | Buy Now | 21.85% | Raymond James | Daniel Tamayo | — | Maintains | Strong Buy | Get Alert |
FAQ
What is the target price for Merchants Bancorp (MBIN) stock?
The latest price target for Merchants Bancorp (NASDAQ:MBIN) was reported by Piper Sandler on May 17, 2024. The analyst firm set a price target for $56.00 expecting MBIN to rise to within 12 months (a possible 41.59% upside). 7 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Merchants Bancorp (MBIN)?
The latest analyst rating for Merchants Bancorp (NASDAQ:MBIN) was provided by Piper Sandler, and Merchants Bancorp reiterated their overweight rating.
When was the last upgrade for Merchants Bancorp (MBIN)?
There is no last upgrade for Merchants Bancorp
When was the last downgrade for Merchants Bancorp (MBIN)?
There is no last downgrade for Merchants Bancorp.
When is the next analyst rating going to be posted or updated for Merchants Bancorp (MBIN)?
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 May 17, 2024 so you should expect the next rating to be made available sometime around May 17, 2025.
Is the Analyst Rating Merchants Bancorp (MBIN) correct?
While ratings are subjective and will change, the latest Merchants Bancorp (MBIN) rating was a reiterated with a price target of $58.50 to $56.00. The current price Merchants Bancorp (MBIN) is trading at is $39.55, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.