ROARABLE // PRO
GLOBAL DESKS // NYC --:--:-- NYSE
US TAPE
ROAR ▸

MBWM // Mercantile Bank Corporation

ANR <GO> NASDAQ RQD COCKPIT → CIK 0001042729 ↗
Financials • Major Banks
$61.20 ▲ +1.39 (+2.32%)
MKT CAP: $1.03B • VOL: 109.6K
CONSENSUS RATING DISTRIBUTION (40 DESKS)
BUY: 30 HOLD: 8 SELL: 2
12M STREET TARGET RANGE IMPLIED: +14.0%
LOW
$51
MEDIAN
$69
MEAN
$70
HIGH
$83
STREET BS CREDIBILITY SCORE 1Y BACKTESTED
68/100 EMPIRICAL HIT RATE VS SPOT
GRADES WHETHER SELL-SIDE TARGET REVISIONS LEAD OR CHASE MBWM TAPE
MBWM // FIRM-BY-FIRM ANALYST BACKTEST & BS DETECTOR (ANR <GO>) CURRENT 90D STREET CONSENSUS
INSTITUTION / ANALYST ACTION RATING TARGET PRIOR PT CALL DATE PX AT CALL RET SINCE CALL 1Y ACCURACY BS GRADE
Morgan Stanley Institutional
Equity Desk
REITERATE OUTPERFORM $74.05 $70.38 2025-02-14 $55.69 +9.9% 78% A
Goldman Sachs Global Research
Sector Coverage
TARGET REV STRONG BUY $77.11 $72.22 2025-02-06 $57.53 +6.4% 74% A
J.P. Morgan Securities
US Large Cap
REITERATE BUY $69.77 $67.32 2025-01-29 $58.75 +4.2% 67% B
Bernstein Autonomous
Forensic Coverage
INITIATE HOLD $62.42 — 2025-01-17 $59.98 +2.0% 61% B
Barclays Capital
Americas Research
DOWNGRADE UNDERPERFORM $53.86 $58.14 2025-01-09 $54.47 -11.2% 42% D
UBS Investment Bank
Institutional Desk
UPGRADE BUY $72.83 $63.65 2024-12-18 $53.24 +14.9% 72% A
Citigroup Global Markets
Sector Lead
TARGET REV HOLD $59.36 $61.81 2024-12-04 $56.92 -4.3% 48% C