Evolution of the Average Target: Independent Bank Corp.

Evolution of the Target Price: Independent Bank Corp.

Changes in Analyst Recommendations: Independent Bank Corp.

9fc4fe6df61120d492824dcf8b.2etVYjFew2C96z9mgbfWM0-cu_aC-R8mri2Lb6BQd1M.6KAcL2dvohH0hkw2w_y4WhvW8YfnlGxKmVXuCpYCHT2spQ0EUDyQIcSHdg~53d92c07c58d347b17f4b9fd76369e9d
05-15 Hovde Group Initiates Coverage on Independent Bank With Outperform Rating MT
04-20 Raymond James Lifts Price Target on Independent Bank to $97 From $94, Keeps Strong Buy Rating MT
04-16 Stephens Initiates Independent Bank at Overweight MT
02-02 Barclays Downgrades Independent Bank to Underweight From Equalweight, Price Target is $80 MT
01-26 Raymond James Raises Price Target on Independent Bank to $94 From $84, Keeps Strong Buy Rating MT
12-17 Barclays Initiates Independent Bank at Equalweight With $80 Price Target MT
21/10/25 KBW Upgrades Independent Bank to Outperform From Market Perform, Adjusts Price Target to $83 From $80 MT
17/10/25 Independent Bank's Q3 profit beats estimates on Enterprise Bancorp acquisition boost RE
21/07/25 Raymond James Raises Price Target on Independent Bank to $84 From $78, Keeps Strong Buy Rating MT
21/10/24 Raymond James Upgrades Independent Bank to Strong Buy From Market Perform, Price Target is $74 MT
22/07/24 Seaport Global Upgrades Independent Bank to Buy From Neutral MT
22/04/24 Keefe, Bruyette & Woods Adjusts Price Target on Independent Bank to $60 From $64, Maintains Market Perform Rating MT
22/01/24 Keefe Bruyette & Woods Adjusts Price Target on Independent Bank to $64 From $66, Maintains Market Perform Rating MT
23/10/23 Seaport Upgrades Independent Bank to Neutral From Sell MT
12/09/23 Seaport Initiates Independent Bank at Sell Rating With $45 Price Target MT
25/04/23 Keefe, Bruyette & Woods Adjusts Price Target on Independent Bank to $68 From $80, Maintains Market Perform Rating MT
06/04/23 Keefe, Bruyette & Woods Lowers Price Target on Independent Bank to $80 From $90, Maintains Market Perform Rating MT
21/12/22 Raymond James Starts Independent Bank at Market Perform MT
13/12/22 Keefe Bruyette & Woods Downgrades Massachusetts-based Independent Bank to Market Perform From Outperform, PT is 100 MT
13/12/22 Keefe Bruyette & Woods Downgrades Independent Bank to Market Perform From Outperform, Price Target is $26 MT
25/10/21 Independent Bank : Piper Sandler Downgrades Independent Bank to Neutral From Overweight, Adjusts Price Target to $88 From $82 MT
26/04/21 Independent Bank : Seaport Global Upgrades Independent Bank to Buy From Neutral; Price Target is $94 MT
17/12/20 Independent Bank : Seaport Global Initiates Coverage on Independent Bank With Neutral Rating MT

Consensus Analysts' recommendations evolution (4 months) Financial estimates divergence Analysts' Target price divergence Objective/dr gap
+8.71%
+13.61%
-6.31%
+2.2%
+28.44%
+8.34%
+29.05%
+25.07%
+9.85%
Average +13.22%
Weighted average by Cap. +12.36%
See all sector consensus

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
85.94USD
Average target price
93.43USD
Spread / Average Target
+8.71%
High Price Target
100.00USD
Spread / Highest target
+16.36%
Low Price Target
82.00USD
Spread / Lowest Target
-4.58%

Analyst Consensus Detail

Consensus revision (last 18 months)

Analysts covering the company

Hovde Group
Raymond James
Stephens Inc.
Barclays
Keefe Bruyette & Woods
Keefe, Bruyette & Woods
Seaport Global Securities
Piper Sandler
Trader
Investor
-
Global
-
Quality
ESG MSCI
BB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
85.94USD
Average target price
93.43USD
Spread / Average Target
+8.71%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. INDB Stock
  4. Consensus Independent Bank Corp.