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Ranked #3152 by analyst upside · 2026-11-12
INDB
Independent Bank Corp.
Financial Services · Market Cap $4B · P/E 12.5x
ANALYST PRICE TARGET
+11.8%
implied upside to consensus target
Current Price $84.62
Consensus Target $94.57
Bull Target $103.0
Bear Target $86.0
Analysts Covering 7
ANALYST CONSENSUS - BUY
Strong Buy
1
Buy
4
Hold
1
Sell
1
52-Week Low $66.17
52-Week High $88.58
YTD Return +18.4%
FUNDAMENTALS
Market Cap $4B
P/E Ratio (TTM) 12.5x
Forward P/E 10.1x
EPS (TTM) $6.78
PEG Ratio 11.00
Dividend Yield 3.02%
Revenue (TTM) $999M
Profit Margin 32.7%
52-WEEK RANGE
52-Week Low $66.17
52-Week High $88.58
Current Price $84.62
Bear Target $86.0
Bull Target $103.0
● Now $84.62 ● Target $94.57
TRADING DATA
Avg Volume 380K
YTD Return +18.4%
Analyst Count 7
Consensus Buy
Upside to Target +11.8%
Last Updated 2026-11-12

ANALYST SUMMARY

Independent Bank Corp. (INDB) is currently trading at $84.62 with a Wall Street consensus price target of $94.57, implying potential upside of 11.8% over the next 12 months. 7 analysts currently cover INDB, with a consensus rating of Buy - 71% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $103.0, while the most cautious has a target of $86.0.

INDB operates in the Financial Services sector with a market capitalisation of $4B. The stock is up 18.4% year-to-date and is currently trading near the upper end of its 52-week range of $66.17 – $88.58.

SIMILAR STOCKS

Other Financial Services stocks with comparable size and valuation.

RECENT ANALYST CALLS

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

Barclays - Reiterated
Underweight → Underweight 2026-11-03 Building track record
Keefe, Bruyette & Woods - Reiterated
Outperform → Outperform 2026-07-20 Building track record
Piper Sandler - Reiterated
Neutral → Neutral 2026-06-26 14% win rate (7 calls)
Hovde Group ● Initiated
Outperform 2026-05-15 Building track record
Keefe, Bruyette & Woods - Reiterated
Outperform → Outperform 2026-04-20 Building track record
Stephens & Co. ● Initiated
Overweight 2026-04-16 Building track record
Barclays - Reiterated
Underweight → Underweight 2026-04-07 Building track record
Barclays ↓ Downgrade
Equal-Weight → Underweight 2026-02-02 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
56
out of 100
Coverage depth
16/30
Consensus clarity
26/30
Vote unanimity
12/25
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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