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Independent Bank Corp (Michigan)
NASDAQ:IBCP

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Independent Bank Corp (Michigan)
NASDAQ:IBCP
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Price: 36.58 USD -0.41% Market Closed
Market Cap: $756.8m

Wall Street
Price Targets

IBCP Price Targets Summary
Independent Bank Corp (Michigan)

Wall Street analysts forecast IBCP stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for IBCP is 38.25 USD with a low forecast of 36.36 USD and a high forecast of 40.95 USD.

Lowest
Price Target
36.36 USD
1% Downside
Average
Price Target
38.25 USD
5% Upside
Highest
Price Target
40.95 USD
12% Upside
Independent Bank Corp (Michigan) Competitors:
Price Targets
JTLIND
JTL Industries Ltd
57% Upside
BILI
Bilibili Inc
-2% Downside
MVIS
MicroVision Inc
270% Upside
6098
Country Garden Services Holdings Co Ltd
10% Upside
LPCN
Lipocine Inc
44% Upside
GO
Grocery Outlet Holding Corp
44% Upside

Revenue
Forecast

3% / Year
Past Growth
-1% / Year
Estimated Growth
Estimates Accuracy
37%
Average Beat
3% / Year
Past Growth
-1% / Year
Estimated Growth
Estimates Accuracy
37%
Average Beat

For the last 14 years the compound annual growth rate for Independent Bank Corp (Michigan)'s revenue is 3%. The projected CAGR for the next 2 years is -1%.

Net Income
Forecast

N/A
Past Growth
6% / Year
Estimated Growth
Estimates Accuracy
7%
Average Beat
N/A
Past Growth
6% / Year
Estimated Growth
Estimates Accuracy
7%
Average Beat

The compound annual growth rate of Independent Bank Corp (Michigan)'s net income for the next 2 years is 6%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is IBCP's stock price target?
Price Target
38.25 USD

According to Wall Street analysts, the average 1-year price target for IBCP is 38.25 USD with a low forecast of 36.36 USD and a high forecast of 40.95 USD.

What is Independent Bank Corp (Michigan)'s Revenue forecast?
Projected CAGR
-1%

For the last 14 years the compound annual growth rate for Independent Bank Corp (Michigan)'s revenue is 3%. The projected CAGR for the next 2 years is -1%.

What is Independent Bank Corp (Michigan)'s Net Income forecast?
Projected CAGR
6%

The compound annual growth rate of Independent Bank Corp (Michigan)'s net income for the next 2 years is 6%.

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