Independent Bank Corp (Massachusetts)
NASDAQ:INDB

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Independent Bank Corp (Massachusetts)
NASDAQ:INDB
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Price: 80.36 USD 1.02%
Market Cap: $4B

Wall Street
Price Targets

INDB Price Targets Summary
Independent Bank Corp (Massachusetts)

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

According to Wall Street analysts, the average 1-year price target for INDB is 85.07 USD with a low forecast of 80.8 USD and a high forecast of 94.5 USD.

Lowest
Price Target
80.8 USD
1% Upside
Average
Price Target
85.07 USD
6% Upside
Highest
Price Target
94.5 USD
18% Upside
Independent Bank Corp (Massachusetts) Competitors:
Price Targets
RNST
Renasant Corp
12% Upside
CNMD
Conmed Corp
35% Upside
MBOT
Microbot Medical Inc
311% Upside
CDW
CDW Corp
51% Upside
MFIN
Medallion Financial Corp
23% Upside

Revenue
Forecast

10% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
10% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

For the last 14 years the compound annual growth rate for Independent Bank Corp (Massachusetts)'s revenue is 10%. The projected CAGR for the next 2 years is 13%.

Net Income
Forecast

11% / Year
Past Growth
42% / Year
Estimated Growth
Estimates Accuracy
-47%
Average Miss
11% / Year
Past Growth
42% / Year
Estimated Growth
Estimates Accuracy
-47%
Average Miss

For the last 14 years the compound annual growth rate for Independent Bank Corp (Massachusetts)'s net income is 11%. The projected CAGR for the next 2 years is 42%.

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 INDB's stock price target?
Price Target
85.07 USD

According to Wall Street analysts, the average 1-year price target for INDB is 85.07 USD with a low forecast of 80.8 USD and a high forecast of 94.5 USD.

What is Independent Bank Corp (Massachusetts)'s Revenue forecast?
Projected CAGR
13%

For the last 14 years the compound annual growth rate for Independent Bank Corp (Massachusetts)'s revenue is 10%. The projected CAGR for the next 2 years is 13%.

What is Independent Bank Corp (Massachusetts)'s Net Income forecast?
Projected CAGR
42%

For the last 14 years the compound annual growth rate for Independent Bank Corp (Massachusetts)'s net income is 11%. The projected CAGR for the next 2 years is 42%.

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