Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Independent Bank Corp has a consensus price target of $71.6 based on the ratings of 6 analysts. The high is $100 issued by Keefe, Bruyette & Woods on December 13, 2022. The low is $45 issued by Seaport Global on September 12, 2023. The 3 most-recent analyst ratings were released by Seaport Global, Keefe, Bruyette & Woods, and Keefe, Bruyette & Woods on July 22, 2024, April 22, 2024, and January 22, 2024, respectively. With an average price target of $63 between Seaport Global, Keefe, Bruyette & Woods, and Keefe, Bruyette & Woods, there's an implied 3.98% upside for Independent Bank Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Independent Bank (NASDAQ:INDB) was reported by Seaport Global on July 22, 2024. The analyst firm set a price target for $65.00 expecting INDB to rise to within 12 months (a possible 7.28% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Independent Bank (NASDAQ:INDB) was provided by Seaport Global, and Independent Bank upgraded their buy rating.
The last upgrade for Independent Bank Corp happened on July 22, 2024 when Seaport Global raised their price target to $65. Seaport Global previously had a neutral for Independent Bank Corp.
The last downgrade for Independent Bank Corp happened on December 13, 2022 when Keefe, Bruyette & Woods changed their price target from N/A to $100 for Independent Bank Corp.
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 22, 2024 so you should expect the next rating to be made available sometime around July 22, 2025.
While ratings are subjective and will change, the latest Independent Bank (INDB) rating was a upgraded with a price target of $0.00 to $65.00. The current price Independent Bank (INDB) is trading at is $60.59, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.