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Ranked #3399 by analyst upside · 2026-06-27
IBCP
Independent Bank Corporation
Financial Services · Market Cap $747M · P/E 10.8x
ANALYST PRICE TARGET
+3.0%
implied upside to consensus target
Current Price $36.23
Consensus Target $37.3
Bull Target $40.0
Bear Target $36.0
Analysts Covering 5
ANALYST CONSENSUS - HOLD
Strong Buy
0
Buy
0
Hold
5
Sell
0
52-Week Low $29.63
52-Week High $39.17
YTD Return +14.4%
FUNDAMENTALS
Market Cap $747M
P/E Ratio (TTM) 10.8x
Forward P/E 9.5x
EPS (TTM) $3.34
PEG Ratio 1.40
Dividend Yield 3.15%
Revenue (TTM) $225M
Profit Margin 31.1%
52-WEEK RANGE
52-Week Low $29.63
52-Week High $39.17
Current Price $36.23
Bear Target $36.0
Bull Target $40.0
● Now $36.23 ● Target $37.3
TRADING DATA
Avg Volume 164K
YTD Return +14.4%
Analyst Count 5
Consensus Hold
Upside to Target +3.0%
Last Updated 2026-06-27

ANALYST SUMMARY

Independent Bank Corporation (IBCP) is currently trading at $36.23 with a Wall Street consensus price target of $37.3, implying potential upside of 3.0% over the next 12 months. 5 analysts currently cover IBCP, with a consensus rating of Hold - 0% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $40.0, while the most cautious has a target of $36.0.

IBCP operates in the Financial Services sector with a market capitalisation of $747M. The stock is up 14.4% year-to-date and is currently trading near the upper end of its 52-week range of $29.63 – $39.17.

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RECENT ANALYST CALLS

Upgrade/downgrade history for IBCP, with each firm's 90-day track record across all stocks we track. See full firm rankings →

DA Davidson — Reiterated
Neutral → Neutral 2026-04-27 Building track record
Piper Sandler — Reiterated
Neutral → Neutral 2026-04-27 14% win rate (7 calls)
DA Davidson — Reiterated
Neutral → Neutral 2026-03-20 Building track record
Piper Sandler — Reiterated
Neutral → Neutral 2026-01-26 14% win rate (7 calls)
DA Davidson — Reiterated
Neutral → Neutral 2025-07-25 Building track record
Piper Sandler — Reiterated
Neutral → Neutral 2025-04-28 14% win rate (7 calls)
Keefe, Bruyette & Woods — Reiterated
Market Perform → Market Perform 2025-04-25 Building track record
DA Davidson — Reiterated
Neutral → Neutral 2025-01-28 Building track record
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
44
out of 100
Coverage depth
14/30
Consensus clarity
28/30
Vote unanimity
0/25
Rating stability
2/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call - not that the stock will go up.

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