Analyst Price Target is $76.00
▲ +27.15% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Independent Bank in the last 3 months. The average price target is $76.00, with a high forecast of $80.00 and a low forecast of $72.00. The average price target represents a 27.15% upside from the last price of $59.77.
Current Consensus is
The current consensus among 3 investment analysts is to hold stock in Independent Bank. This Hold consensus rating has held steady for over two years.
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses primarily in Massachusetts. It accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial and industrial, commercial real estate and construction, small business, and consumer real estate. In addition, it provides investment management and trust services to individuals, institutions, small businesses, and charitable institutions; Internet and mobile banking services, as well as estate settlement, financial planning, tax services, and other services; automated teller machine and debit cards; and mutual fund and unit investment trust shares, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.