Middlefield Banc Corp has a consensus price target of $31 based on the ratings of 3 analysts. The high is $32 issued by Keefe, Bruyette & Woods on December 4, 2024. The low is $30 issued by Janney Montgomery Scott on December 21, 2022. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Keefe, Bruyette & Woods, and Janney Montgomery Scott on December 4, 2024, May 2, 2024, and December 21, 2022, respectively. With an average price target of $29 between Keefe, Bruyette & Woods, Keefe, Bruyette & Woods, and Janney Montgomery Scott, there's an implied 0.66% upside for Middlefield Banc Corp from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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12/04/2024 | Buy Now | 11.07% | Keefe, Bruyette & Woods | Timothy Switzer65% | $30 → $32 | Maintains | Market Perform | Get Alert |
05/02/2024 | Buy Now | -13.22% | Keefe, Bruyette & Woods | Timothy Switzer65% | $30 → $25 | Reiterates | Market Perform → Market Perform | Get Alert |
08/31/2023 | Buy Now | — | Raymond James | Daniel Tamayo60% | — | Initiates | → Market Perform | Get Alert |
12/21/2022 | Buy Now | 4.13% | Janney Montgomery Scott | Daniel Cardenas53% | → $30 | Initiates | → Neutral | Get Alert |
The latest price target for Middlefield Banc (NASDAQ:MBCN) was reported by Keefe, Bruyette & Woods on December 4, 2024. The analyst firm set a price target for $32.00 expecting MBCN to rise to within 12 months (a possible 11.07% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Middlefield Banc (NASDAQ:MBCN) was provided by Keefe, Bruyette & Woods, and Middlefield Banc maintained their market perform rating.
There is no last upgrade for Middlefield Banc
There is no last downgrade for Middlefield Banc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Middlefield Banc, 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 Middlefield Banc was filed on December 4, 2024 so you should expect the next rating to be made available sometime around December 4, 2025.
While ratings are subjective and will change, the latest Middlefield Banc (MBCN) rating was a maintained with a price target of $30.00 to $32.00. The current price Middlefield Banc (MBCN) is trading at is $28.81, which is out of the analyst’s predicted range.
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