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Independent Bank Analyst Ratings

IBCPNASDAQ
Logo brought to you by Benzinga Data
$35.22
0.361.03%
At close: Dec 15, 4:00 PM EST
$35.22
N/A
After Hours: 4:00 PM EST
Consensus Rating1
Neutral
Highest Price Target1
$37.00
Lowest Price Target1
$21.00
Consensus Price Target1
$32.25

Independent Bank Analyst Ratings and Price Targets | NASDAQ:IBCP | Benzinga

Independent Bank Corp (Ionia MI) has a consensus price target of $32.25 based on the ratings of 4 analysts. The high is $37 issued by DA Davidson on July 25, 2025. The low is $21 issued by Keefe, Bruyette & Woods on July 26, 2023. The 3 most-recent analyst ratings were released by DA Davidson, Piper Sandler, and Keefe, Bruyette & Woods on July 25, 2025, April 28, 2025, and April 25, 2025, respectively. With an average price target of $36 between DA Davidson, Piper Sandler, and Keefe, Bruyette & Woods, there's an implied 2.21% upside for Independent Bank Corp (Ionia MI) from these most-recent analyst ratings.

Analyst Trends and Forecast

1
Jul
Buy
Hold
Sell
Strong Sell

Analyst Rating and Forecast

12345
1.5
Strong Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

DA Davidson
Piper Sandler
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods

1calculated from analyst ratings

Analyst Ratings for Independent Bank

Get Alert
Jul 25, 2025
5.05%
35
37
Previous
Neutral
Current
Neutral
Get Alert
Apr 28, 2025
2.21%
36
38
Previous
Neutral
Current
Neutral
Get Alert
Apr 25, 2025
-0.62%
35
37
Previous
Market Perform
Current
Market Perform
Get Alert
Jan 28, 2025
10.73%
37
39
Previous
Neutral
Current
Neutral
Get Alert
Jan 24, 2025
16.41%
39
41
Previous
Market Perform
Current
Market Perform
Get Alert
Dec 4, 2024
10.73%
33
39
Previous
Market Perform
Current
Market Perform
Get Alert
Jul 29, 2024
-11.98%
26
31
Previous
Market Perform
Current
Market Perform
Get Alert
Jul 29, 2024
6.47%
27
37.5
Previous
Neutral
Current
Neutral
Get Alert
Apr 30, 2024
-20.5%
28
28
Previous
Neutral
Current
Neutral
Get Alert
Jul 26, 2023
-40.37%
20
21
Previous
Market Perform
Current
Market Perform
Get Alert

FAQ

Q

What is the target price for Independent Bank (IBCP) stock?

A

The latest price target for Independent Bank (NASDAQ:IBCP) was reported by DA Davidson on July 25, 2025. The analyst firm set a price target for $37.00 expecting IBCP to rise to within 12 months (a possible 5.05% upside). 5 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Independent Bank (IBCP)?

A

The latest analyst rating for Independent Bank (NASDAQ:IBCP) was provided by DA Davidson, and Independent Bank maintained their neutral rating.

Q

When was the last upgrade for Independent Bank (IBCP)?

A

There is no last upgrade for Independent Bank

Q

When was the last downgrade for Independent Bank (IBCP)?

A

There is no last downgrade for Independent Bank.

Q

When is the next analyst rating going to be posted or updated for Independent Bank (IBCP)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Independent Bank, 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 Independent Bank was filed on July 25, 2025 so you should expect the next rating to be made available sometime around July 25, 2026.

Q

Is the Analyst Rating Independent Bank (IBCP) correct?

A

While ratings are subjective and will change, the latest Independent Bank (IBCP) rating was a maintained with a price target of $35.00 to $37.00. The current price Independent Bank (IBCP) is trading at is $35.22, which is within the analyst’s predicted range.

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