Independent Bank Corp (Massachusetts)
NASDAQ:INDB

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Independent Bank Corp (Massachusetts)
NASDAQ:INDB
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Price: 66.11 USD -0.23% Market Closed
Market Cap: 2.8B USD
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Wall Street
Price Targets

INDB Price Targets Summary
Independent Bank Corp (Massachusetts)

Wall Street analysts forecast INDB stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for INDB is 79.31 USD with a low forecast of 74.74 USD and a high forecast of 86.1 USD.

Lowest
Price Target
74.74 USD
13% Upside
Average
Price Target
79.31 USD
20% Upside
Highest
Price Target
86.1 USD
30% Upside

INDB Last Price Targets
Independent Bank Corp (Massachusetts)

The latest public price target was made on Oct 21, 2024 by Steve Moss from Raymond James , who expects INDB stock to rise by 12% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Steve Moss
Raymond James
74 USD
Upside 12%
2 months ago
Oct 21, 2024
Raymond James Upgrades Independent Bank Corp (INDB) to Strong Buy
StreetInsider
Laurie Havenar Husicker
Seaport Global
65 USD
Downside 2%
5 months ago
Jul 22, 2024
Seaport Global Securities Upgrades Independent Bank Corp (INDB) to Buy
StreetInsider
Steve Moss
Raymond James
Price Target 74 USD
Upside/Downside 12%
View Source
Laurie Havenar Husicker
Seaport Global
Price Target 65 USD
Upside/Downside 2%
View Source
Independent Bank Corp (Massachusetts) Competitors:
Price Targets
SBSI
Southside Bancshares Inc
20% Upside
EGBN
Eagle Bancorp Inc
11% Upside
BY
Byline Bancorp Inc
20% Upside
FFIN
First Financial Bankshares Inc
14% Upside
MPB
Mid Penn Bancorp Inc
26% Upside
PRK
Park National Corp
5% Upside
CBAN
Colony Bankcorp Inc
19% Upside
NONG
Sparebank 1 Nord-Norge
0% Downside

Revenue
Forecast

Revenue Estimate
Independent Bank Corp (Massachusetts)

For the last 8 years the compound annual growth rate for Independent Bank Corp (Massachusetts)'s revenue is 12%. The projected CAGR for the next 3 years is 8%.

12%
Past Growth
8%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Net Income
Forecast

Net Income Estimate
Independent Bank Corp (Massachusetts)

For the last 8 years the compound annual growth rate for Independent Bank Corp (Massachusetts)'s net income is 18%. The projected CAGR for the next 3 years is 7%.

18%
Past Growth
7%
Estimated Growth
Estimates Accuracy
-38%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is INDB's stock price target?
Price Target
79.31 USD

According to Wall Street analysts, the average 1-year price target for INDB is 79.31 USD with a low forecast of 74.74 USD and a high forecast of 86.1 USD.

What is Independent Bank Corp (Massachusetts)'s Revenue forecast?
Projected CAGR
8%

For the last 8 years the compound annual growth rate for Independent Bank Corp (Massachusetts)'s revenue is 12%. The projected CAGR for the next 3 years is 8%.

What is Independent Bank Corp (Massachusetts)'s Net Income forecast?
Projected CAGR
7%

For the last 8 years the compound annual growth rate for Independent Bank Corp (Massachusetts)'s net income is 18%. The projected CAGR for the next 3 years is 7%.

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