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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.
1calculated from analyst ratings
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.
The latest analyst rating for Mid Penn Bancorp (NASDAQ:MPB) was provided by Piper Sandler, and Mid Penn Bancorp maintained their overweight rating.
There is no last upgrade for Mid Penn Bancorp
There is no last downgrade for Mid Penn Bancorp.
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.
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.
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