Independent Bank - INDB Stock Price Target and Predictions

  • Consensus Rating: N/A
  • Consensus Price Target: $91.50
  • Forecasted Upside: 3.75 %
  • Number of Analysts: 0
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$88.19
▼ -0.72 (-0.81%)

This chart shows the closing price for INDB by one month, three months, or twelve months.

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Analyst Price Target for INDB

Analyst Price Target is $91.50
▲ +3.75% Upside Potential
This price target is based on 0 analysts offering 12 month price targets for Independent Bank in the last 3 months. The average price target is $91.50, with a high forecast of $100.00 and a low forecast of $83.00. The average price target represents a 3.75% upside from the last price of $88.19.

This chart shows the closing price for INDB for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is N/A

The current consensus among 0 contributing investment analysts is to n/a stock in Independent Bank. This rating has held steady since September 2022, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/5/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/3/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/2/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/2/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/31/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/29/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/28/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/27/2022

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/27/2022Compass PointLower Target$100.00Low
10/5/2022Piper SandlerLower Target$83.00Low
7/25/2022Compass PointBoost Target$107.00Low
10/25/2021Piper SandlerDowngradeOverweight ➝ Neutral$82.00 ➝ $88.00High
4/23/2021Piper SandlerUpgradeNeutral ➝ Overweight$86.00 ➝ $90.00Low
10/26/2020Compass PointUpgradeNeutral ➝ Buy$70.00Low
9/28/2020Piper SandlerLower TargetNeutral$68.00 ➝ $58.00Medium
9/14/2020DA DavidsonReiterated RatingNeutralLow
6/24/2020Piper SandlerDowngradeOverweight ➝ Neutral$74.00 ➝ $67.00High
6/8/2020DA DavidsonDowngradeBuy ➝ Neutral$75.00 ➝ $82.00Medium
3/16/2020DA DavidsonUpgradeNeutral ➝ Buy$83.00 ➝ $68.00High
3/4/2020Compass PointDowngradeBuy ➝ Neutral$91.00 ➝ $76.00Low
12/9/2019G.ResearchReiterated RatingHoldLow
12/9/2019GabelliInitiated CoverageHold$98.00Low
7/22/2019DA DavidsonReiterated RatingNeutralMedium
7/19/2019Compass PointUpgradeNeutral ➝ Buy$77.00 ➝ $83.00High
7/11/2019DA DavidsonInitiated CoverageNeutral ➝ Neutral$81.00High
4/3/2019Sandler O'NeillUpgradeHold ➝ BuyMedium
1/8/2019Compass PointDowngradeBuy ➝ NeutralHigh
7/22/2018Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ OutperformHigh
7/20/2018Sandler O'NeillReiterated RatingHold$88.00Low
5/31/2018Piper Jaffray CompaniesBoost TargetNeutral ➝ Neutral$79.00 ➝ $80.00Low
1/21/2018Keefe, Bruyette & WoodsReiterated RatingHoldLow
12/18/2017Compass PointUpgradeNeutral ➝ BuyHigh
(Data available from 11/28/2017 forward)

News Sentiment Rating

1.42 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/2/2022
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/1/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/1/2022
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/31/2022
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/30/2022
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/29/2022
  • 4 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/29/2022
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/28/2022

Current Sentiment

  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
Independent Bank logo
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. The company accepts interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It also offers commercial and industrial, commercial real estate and construction, small business, consumer real estate, and personal loans. In addition, the company 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 of December 31, 2021, it operates one hundred nineteen retail branches, two limited-service retail branches, and one mobile branch located within Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties in Eastern Massachusetts. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.
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Today's Range

Now: $88.19
Low: $87.86
High: $88.78

50 Day Range

MA: $82.68
Low: $74.53
High: $88.91

52 Week Range

Now: $88.19
Low: $74.28
High: $89.46

Volume

2,073 shs

Average Volume

189,633 shs

Market Capitalization

$4.03 billion

P/E Ratio

21.78

Dividend Yield

2.29%

Beta

0.85

Frequently Asked Questions

What sell-side analysts currently cover shares of Independent Bank?

The following Wall Street research analysts have issued stock ratings on Independent Bank in the last year: Compass Point, Piper Sandler, and StockNews.com.
View the latest analyst ratings for INDB.

What is the current price target for Independent Bank?

2 Wall Street analysts have set twelve-month price targets for Independent Bank in the last year. Their average twelve-month price target is $91.50, suggesting a possible upside of 2.9%. Compass Point has the highest price target set, predicting INDB will reach $100.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $83.00 for Independent Bank in the next year.
View the latest price targets for INDB.

What is the current consensus analyst rating for Independent Bank?

Independent Bank currently has from Wall Street analysts. The stock has a consensus analyst rating of "N/A."
View the latest ratings for INDB.

What other companies compete with Independent Bank?

How do I contact Independent Bank's investor relations team?

Independent Bank's physical mailing address is 2036 WASHINGTON STREET, HANOVER MA, 02370. The bank's listed phone number is (781) 878-6100 and its investor relations email address is [email protected] The official website for Independent Bank is www.rocklandtrust.com. Learn More about contacing Independent Bank investor relations.