Meridian Corp has a consensus price target of $14.5 based on the ratings of 4 analysts. The high is $17 issued by Keefe, Bruyette & Woods on March 22, 2023. The low is $13 issued by Piper Sandler on July 30, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Piper Sandler, and Keefe, Bruyette & Woods on July 30, 2024, January 29, 2024, and May 4, 2023, respectively. With an average price target of $13 between Piper Sandler, Piper Sandler, and Keefe, Bruyette & Woods, there's an implied 4.33% upside for Meridian Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Meridian (NASDAQ:MRBK) was reported by Piper Sandler on July 30, 2024. The analyst firm set a price target for $13.00 expecting MRBK to rise to within 12 months (a possible 1.72% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Meridian (NASDAQ:MRBK) was provided by Piper Sandler, and Meridian maintained their neutral rating.
There is no last upgrade for Meridian
The last downgrade for Meridian Corp happened on January 29, 2024 when Piper Sandler changed their price target from $14 to $13 for Meridian Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Meridian, 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 Meridian was filed on July 30, 2024 so you should expect the next rating to be made available sometime around July 30, 2025.
While ratings are subjective and will change, the latest Meridian (MRBK) rating was a maintained with a price target of $11.00 to $13.00. The current price Meridian (MRBK) is trading at is $12.78, which is within the analyst’s predicted range.
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