Forecast & Rating5 analysts currently cover Independent Bank-Mich, with about 20.0% giving a positive rating — meaning they expect the stock to rise. The average price target is $40.40, about 9.9% upside from the current price of $36.77. Price targets are fairly clustered, pointing to relatively aligned views. Historically, about 70.2% of past price targets were eventually met, which adds credibility. For you, this means most institutions are cautious on Independent Bank-Mich's outlook. Data as of Jul 27, 2026; for reference only and not investment advice.
Jul 27, 2026
Price forecast
$40.409.87%
Forecast & RatingHold
5analysts
Strong buy20.00%
Buy0.00%
Hold80.00%
Sell0.00%
Strong sell0.00%
Strong buy
1
Buy
0
Hold
4
Sell
0
Strong sell
0
Target price forecast
Forecast dateAug 31, 2026
Forecast met74.7%
Stock price$36.77
Avg. target$40.4
High target$42
Low target$38
Avg. target
$40.4
High target
$42
Low target
$38
Analyst ratings
Strong buy
Buy
Hold
Sell
Strong sell
Source: S&P Global
This information is for reference only and is not investment advice.