Independent Bank Corporation (IBCP) is currently trading at $38.3 with a Wall Street consensus price target of $40.4, implying potential upside of 5.5% over the next 12 months. 5 analysts currently cover IBCP, with a consensus rating of Hold - 20% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $42.0, while the most cautious has a target of $38.0.
IBCP operates in the Financial Services sector with a market capitalisation of $789M. The stock is up 21.8% year-to-date and is currently trading near the upper end of its 52-week range of $29.83 – $39.24.
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