Mercantile Bank Corporation (MBWM) is currently trading at $57.09 with a Wall Street consensus price target of $59.33, implying potential upside of 3.9% over the next 12 months. 6 analysts currently cover MBWM, with a consensus rating of Buy — 50% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $62.0, while the most cautious has a target of $57.0.
MBWM operates in the Financial Services sector with a market capitalisation of $986M. The stock is up 21.7% year-to-date and is currently trading near the upper end of its 52-week range of $42.75 – $57.41.
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