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
Explore related company data
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.