Mercantile Bank Corporation (MBWM) is currently trading at $60.85 with a Wall Street consensus price target of $63.17, implying potential upside of 3.8% over the next 12 months. 6 analysts currently cover MBWM, with a consensus rating of Buy - 33% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $65.0, while the most cautious has a target of $60.0.
MBWM operates in the Financial Services sector with a market capitalisation of $1B. The stock is up 29.7% year-to-date and is currently trading near the upper end of its 52-week range of $42.75 – $62.39.
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