The latest price target for Merchants Bancorp (NASDAQ:MBIN) was reported by Piper Sandler on October 30, 2024. The analyst firm set a price target for $48.00 expecting MBIN to rise to within 12 months (a possible 21.83% upside). 8 analyst firms have reported ratings in the last year.

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

There is no last upgrade for Merchants Bancorp

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.

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 October 30, 2024 so you should expect the next rating to be made available sometime around October 30, 2025.

While ratings are subjective and will change, the latest Merchants Bancorp (MBIN) rating was a reiterated with a price target of $56.00 to $48.00. The current price Merchants Bancorp (MBIN) is trading at is $39.40, which is out of the analyst’s predicted range.