Analyst stock forecast
Mercantile Bank Forecast: $63.17 Analyst Target
MBWM has a $63.17 target, Hold rating and 6 analysts. As of 2026-08-23.
Direct answer
Mercantile Bank's average price target is $63.17.
The target implies +6% from the recorded current price, and the consensus rating is Hold.
The low target implies +0.7%, the high target implies +9%, and the range spans 8.4% of the current price.
Forecast evidence checked August 23, 2026.
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Verified data
- Current price
- $59.61
- Average price target
- $63.17
- High price target
- $65.00
- Low price target
- $60.00
- Low target gap
- +0.7%
- Target upside
- +6%
- High target gap
- +9%
- Target range width
- 8.4%
- Consensus rating
- Hold
- Analysts
- 6
- Evidence date
- August 23, 2026
- Valid through
- August 30, 2026
Explore related company data
Read the frequently asked questions.
What is Mercantile Bank's average price target?
Mercantile Bank's verified average price target is $63.17. The target range is $60.00 to $65.00.
How far are Mercantile Bank's low and high targets from the recorded price?
The low target implies +0.7%, while the high target implies +9%.
How many analysts are included in Mercantile Bank's consensus?
The verified consensus includes 6 analysts.
How is Mercantile Bank's target upside or downside calculated?
The average target of $63.17 is divided by the recorded price of $59.61, then one is subtracted to produce +6%. This does not guarantee a future return.
When was Mercantile Bank's analyst forecast verified?
The data was verified on 2026-08-23. The dataset is valid through 2026-08-30.