Analyst consensus rating

Mercantile Bank Analyst Rating: Hold

Direct answer

Mercantile Bank's consensus rating is Hold.

6 analysts are included in the current consensus when a coverage count is available.
The same consensus reports an average price target of $63.17.
Forecast evidence checked September 12, 2026.

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Verified data

Current price
$61.74
Average price target
$63.17
High price target
$65.00
Low price target
$60.00
Low target gap
-2.8%
Target upside
+2.3%
High target gap
+5.3%
Target range width
8.1%
Consensus rating
Hold
Analysts
6
Evidence date
September 12, 2026
Valid through
September 19, 2026

Read the frequently asked questions.

What is the analyst consensus rating for Mercantile Bank?

Mercantile Bank has a verified Hold consensus. The same dataset has an average price target of $63.17.

How far are Mercantile Bank's low and high targets from the recorded price?

The low target implies -2.8%, while the high target implies +5.3%.

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 $61.74, then one is subtracted to produce +2.3%. This does not guarantee a future return.

When was Mercantile Bank's analyst forecast verified?

The data was verified on 2026-09-12. The dataset is valid through 2026-09-19.