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Meridian

MRBKNASDAQ
Logo brought to you by Benzinga Data
$11.68
0.262.28%
Last update: 2:40 PM
15 minutes delayed
Consensus Rating1
Market Perform
Highest Price Target1
$17.00
Lowest Price Target1
$13.00
Consensus Price Target1
$14.50

Meridian (NASDAQ:MRBK) Stock, Analyst Ratings, Price Targets, Forecasts

Meridian Corp has a consensus price target of $14.5 based on the ratings of 4 analysts. The high is $17 issued by Keefe, Bruyette & Woods on March 22, 2023. The low is $13 issued by Piper Sandler on July 30, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Piper Sandler, and Keefe, Bruyette & Woods on July 30, 2024, January 29, 2024, and May 4, 2023, respectively. With an average price target of $13 between Piper Sandler, Piper Sandler, and Keefe, Bruyette & Woods, there's an implied 11.30% upside for Meridian Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
0.8
Strong Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods

1calculated from analyst ratings

Analyst Ratings for Meridian

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Meridian (MRBK) stock?

A

The latest price target for Meridian (NASDAQ:MRBK) was reported by Piper Sandler on July 30, 2024. The analyst firm set a price target for $13.00 expecting MRBK to rise to within 12 months (a possible 11.30% upside). 2 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Meridian (MRBK)?

A

The latest analyst rating for Meridian (NASDAQ:MRBK) was provided by Piper Sandler, and Meridian maintained their neutral rating.

Q

When was the last upgrade for Meridian (MRBK)?

A

There is no last upgrade for Meridian

Q

When was the last downgrade for Meridian (MRBK)?

A

The last downgrade for Meridian Corp happened on January 29, 2024 when Piper Sandler changed their price target from $14 to $13 for Meridian Corp.

Q

When is the next analyst rating going to be posted or updated for Meridian (MRBK)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Meridian, 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 Meridian was filed on July 30, 2024 so you should expect the next rating to be made available sometime around July 30, 2025.

Q

Is the Analyst Rating Meridian (MRBK) correct?

A

While ratings are subjective and will change, the latest Meridian (MRBK) rating was a maintained with a price target of $11.00 to $13.00. The current price Meridian (MRBK) is trading at is $11.68, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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