Assessing Merchants Bancorp: Insights From 4 Financial Analysts
Portfolio Pulse from Benzinga Insights
Merchants Bancorp (NASDAQ:MBIN) has been analyzed by 4 analysts over the past three months, showing a range of perspectives from bullish to somewhat bullish. The average 12-month price target has increased by 2.71% to $56.88. Key analysts have adjusted their ratings and price targets, reflecting their evolving views on the company's performance.
July 30, 2024 | 12:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Merchants Bancorp has received mixed analyst ratings, ranging from bullish to somewhat bullish. The average 12-month price target has increased by 2.71% to $56.88, indicating positive sentiment. Key analysts have adjusted their ratings and price targets, reflecting their evolving views on the company's performance.
The increase in the average 12-month price target and the predominantly positive analyst ratings suggest a favorable short-term outlook for Merchants Bancorp. The adjustments in ratings and price targets by key analysts indicate a positive shift in sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100