Independent Bank Corp (Massachusetts)
NASDAQ:INDB

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Independent Bank Corp (Massachusetts)
NASDAQ:INDB
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Price: 73.98 USD 2.55% Market Closed
Market Cap: 3.1B 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 drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for INDB is 70.13 USD with a low forecast of 64.64 USD and a high forecast of 77.7 USD.

Lowest
Price Target
64.64 USD
13% Downside
Average
Price Target
70.13 USD
5% Downside
Highest
Price Target
77.7 USD
5% 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 0% 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 0%
1 month ago
Oct 21, 2024
Raymond James Upgrades Independent Bank Corp (INDB) to Strong Buy
StreetInsider
Laurie Havenar Husicker
Seaport Global
65 USD
Downside 12%
4 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 0%
View Source
Laurie Havenar Husicker
Seaport Global
Price Target 65 USD
Upside/Downside 12%
View Source
Independent Bank Corp (Massachusetts) Competitors:
Price Targets
FMNB
Farmers National Banc Corp
7% Upside
FIBK
First Interstate BancSystem Inc
5% Downside
BEN
Bendigo and Adelaide Bank Ltd
16% Downside
RF
Regions Financial Corp
2% Downside
TRMK
Trustmark Corp
2% Downside
FRST
Primis Financial Corp
22% Upside
BOH
Bank of Hawaii Corp
17% Downside
CHCO
City Holding Co
6% 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 3%.

12%
Past Growth
3%
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 4%.

18%
Past Growth
4%
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
70.13 USD

According to Wall Street analysts, the average 1-year price target for INDB is 70.13 USD with a low forecast of 64.64 USD and a high forecast of 77.7 USD.

What is Independent Bank Corp (Massachusetts)'s Revenue forecast?
Projected CAGR
3%

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 3%.

What is Independent Bank Corp (Massachusetts)'s Net Income forecast?
Projected CAGR
4%

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 4%.

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