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Independent Bank Corp (Michigan)
XBER:IB6A

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Independent Bank Corp (Michigan)
XBER:IB6A
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Price: 27.6 EUR
Market Cap: €374.4m

Wall St Price Targets

IB6A Price Targets Summary
Independent Bank Corp (Michigan)

Wall Street analysts forecast IB6A stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for IB6A is 29.68 EUR with a low forecast of 26.85 EUR and a high forecast of 32.57 EUR.

Lowest Forecast
Price Target
26.85 EUR
3% Downside
Average Forecast
Price Target
29.68 EUR
8% Upside
Highest Forecast
Price Target
32.57 EUR
18% Upside
Independent Bank Corp (Michigan) Competitors:
Price Targets
TGYM
Technogym SpA
47% Upside
FORM
FormFactor Inc
26% Upside

Revenue
Forecast

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

Over the last 13 years, the compound annual growth rate for Revenue has been 3%. The projected CAGR for the next 2 years is 3%.

Net Income
Forecast

9% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss
9% / Year
Past Growth
13% / Year
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Over the last 13 years, the compound annual growth rate for Net Income has been 9%. The projected CAGR for the next 2 years is 13%.

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 you see on other sites is mostly sourced from sell-side analysts.

What is IB6A's stock price target?
Price Target
29.68 EUR

According to Wall Street analysts, the average 1-year price target for IB6A is 29.68 EUR with a low forecast of 26.85 EUR and a high forecast of 32.57 EUR.

What is the Revenue forecast for Independent Bank Corp (Michigan)?
Projected CAGR
3%

Over the last 13 years, the compound annual growth rate for Revenue has been 3%. The projected CAGR for the next 2 years is 3%.

What is the Net Income forecast for Independent Bank Corp (Michigan)?
Projected CAGR
13%

Over the last 13 years, the compound annual growth rate for Net Income has been 9%. The projected CAGR for the next 2 years is 13%.

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