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Analysts have set a target price of $38.83 for Mercantile Bank Corp (MBWM), based on forecasts from 6 analysts. The predicted price range extends from a high of $44 to a low of $35. This represents a potential increase of up to 17.55% and a decrease of -6.49% from the current price of $37.43. These forecasts are as of 2012 Jun 25.
The analyst ratings for Mercantile Bank Corp (MBWM) are distributed as follows: 0 analysts recommend buying, 6 have a neutral stance, and 0 suggest selling. There is a split consensus, with equal support for two of the rating categories. These ratings indicate the general sentiment among the analysts covering Mercantile Bank Corp.
At present, there is no AI or machine-learning-based price prediction available for Mercantile Bank Corp (MBWM) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.
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