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Mid Penn Bancorp

MPBNASDAQ
Logo brought to you by Benzinga Data
$29.01
-0.25-0.85%
At Close: -
$29.01
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Overweight
Highest Price Target1
$31.00
Lowest Price Target1
$26.00
Consensus Price Target1
$28.50

Mid Penn Bancorp (NASDAQ:MPB) Stock, Analyst Ratings, Price Targets, Forecasts

Mid Penn Bancorp Inc has a consensus price target of $28.5 based on the ratings of 2 analysts. The high is $31 issued by Piper Sandler on July 29, 2024. The low is $26 issued by Keefe, Bruyette & Woods on December 5, 2023. The 3 most-recent analyst ratings were released by Piper Sandler, Piper Sandler, and Keefe, Bruyette & Woods on July 29, 2024, February 1, 2024, and December 5, 2023, respectively. With an average price target of $27.67 between Piper Sandler, Piper Sandler, and Keefe, Bruyette & Woods, there's an implied -4.63% downside for Mid Penn Bancorp Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.6
Strong Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Keefe, Bruyette & Woods

1calculated from analyst ratings

Analyst Ratings for Mid Penn Bancorp

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Mid Penn Bancorp (MPB) stock?

A

The latest price target for Mid Penn Bancorp (NASDAQ:MPB) was reported by Piper Sandler on July 29, 2024. The analyst firm set a price target for $31.00 expecting MPB to rise to within 12 months (a possible 6.86% upside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Mid Penn Bancorp (MPB)?

A

The latest analyst rating for Mid Penn Bancorp (NASDAQ:MPB) was provided by Piper Sandler, and Mid Penn Bancorp maintained their overweight rating.

Q

When was the last upgrade for Mid Penn Bancorp (MPB)?

A

There is no last upgrade for Mid Penn Bancorp

Q

When was the last downgrade for Mid Penn Bancorp (MPB)?

A

There is no last downgrade for Mid Penn Bancorp.

Q

When is the next analyst rating going to be posted or updated for Mid Penn Bancorp (MPB)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Mid Penn Bancorp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Mid Penn Bancorp was filed on July 29, 2024 so you should expect the next rating to be made available sometime around July 29, 2025.

Q

Is the Analyst Rating Mid Penn Bancorp (MPB) correct?

A

While ratings are subjective and will change, the latest Mid Penn Bancorp (MPB) rating was a maintained with a price target of $25.00 to $31.00. The current price Mid Penn Bancorp (MPB) is trading at is $29.01, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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