Meridian (MRBK) Stock Forecast & Price Target

$14.04

-0.06 (-0.43%)

(As of 10/31/2024 ET)

Meridian - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 2 Analyst Ratings

Sell
0

Hold
1

Buy
1

Based on 2 Wall Street analysts who have issued ratings for Meridian in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 2 analysts, 1 has given a hold rating, and 1 has given a buy rating for MRBK.

Consensus Price Target

$16.00
13.96% Upside

According to the 2 analysts' twelve-month price targets for Meridian, the average price target is $16.00. The highest price target for MRBK is $17.00, while the lowest price target for MRBK is $15.00. The average price target represents a forecasted upside of 13.96% from the current price of $14.04.

MRBK Analyst Ratings Over Time

Type	Current Forecast 11/2/23 to 11/1/24	1 Month Ago 10/3/23 to 10/2/24	3 Months Ago 8/4/23 to 8/3/24	1 Year Ago 11/2/22 to 11/2/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$16.00	$13.00	$13.00	$17.25
Forecasted Upside	13.96% Upside	1.80% Upside	12.17% Upside	68.79% Upside
Consensus Rating	Moderate Buy	Hold	Hold	Hold

Banking failure dead ahead (Ad)

If you missed it, my emergency election broadcast is now available - but will be removed soon

Click here to watch it now.

MRBK Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

MRBK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Meridian Stock vs. The Competition

Type	Meridian	Finance Companies	S&P 500
Consensus Rating Score	2.50	2.48	2.50
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	13.48% Upside	14.53% Upside	10.09% Upside
News Sentiment Rating	Positive News See Recent MRBK News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
10/29/2024	DA Davidson 3 of 5 stars	Boost Target	Buy ➝ Buy	$15.00 ➝ $17.00	+22.92%
10/29/2024	Piper Sandler 2 of 5 stars	Boost Target	Neutral ➝ Neutral	$14.00 ➝ $15.00	+10.13%
4/6/2023	Keefe, Bruyette & Woods 4 of 5 stars	Lower Target	Market Perform	$17.00 ➝ $15.00	+22.25%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 01:38 AM ET.

MRBK Forecast - Frequently Asked Questions

: According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Meridian is $16.00, with a high forecast of $17.00 and a low forecast of $15.00.
: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meridian in the last year. There is currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MRBK shares.
: According to analysts, Meridian's stock has a predicted upside of 13.96% based on their 12-month stock forecasts.
: Meridian has been rated by research analysts at DA Davidson, and Piper Sandler in the past 90 days.
: Analysts like Meridian more than other "finance" companies. The consensus rating for Meridian is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how MRBK compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

Banking failure dead ahead (Ad)

If you missed it, my emergency election broadcast is now available - but will be removed soon

Click here to watch it now.

This page (NASDAQ:MRBK) was last updated on 11/1/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Meridian (MRBK) Stock Forecast & Price Target