BackMercantile Bank Overview
Mercantile Bank Corp.

Mercantile Bank Target Price

See Mercantile Bank's analyst price targets ($63) vs the current share price.

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Share Price

$59.12

Average Target Price

$63.006.6% upside

4 analysts in the last 4 months

High: $65 | Low: $60

Analyst Recommendations

No recommendations in the last 4 months.

Revenue & Income Forecast

Analysts' Target Prices

DateAnalystPrice TargetCurrent Upside/Downside
2026-09-01Raymond James$659.9% upsideOpen
2026-07-22Piper Sandler$659.9% upsideOpen
2026-07-22Hovde GroupBrendan Nosal$624.9% upsideOpen
2026-06-26Piper SandlerNathan Race$601.5% upsideOpen
2026-01-21Piper Sandler$573.6% downsideOpen
2026-01-21Raymond JamesDaniel Tamayo$573.6% downsideOpen
2026-01-08Piper Sandler$55.56.1% downsideOpen
2026-01-07Raymond JamesDaniel Tamayo$548.7% downsideOpen
2025-10-22Raymond James$5212% downsideOpen

Mercantile Bank (MBWM) FAQ

Mercantile Bank's target price stands at $63. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

The Street's average target of $63 for MBWM implies 6.6% upside versus today's price ($59.12). Positive implied upside usually reflects optimism on growth or margins, while a large downside can signal valuation or fundamental concerns. Check recommendation mix and recent target changes for more context.

The history chart shows how Mercantile Bank's target price evolved across reporting periods, while the comparison chart places MBWM next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.

Yes — within Finance, target price is commonly used to spot outliers. Mercantile Bank's reading of $63 is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.