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Independent Bank (INDB): analyst forecast and price target
Analyst consensus
Hold2 Buy1 Hold1 Sell
Ratings of 4 analysts in the last 3 months12-month forecast
Based on 4 price targets given in the last 3 months, the average target is $91.50, the highest $97.00, the lowest $82.00. The average is +14.5% from the last price of $79.88.
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| AI xAi Banks - RegionalxAI Grok-3 | TipRanks - xAI | $94.00 → $85.00−9.6% | Buy | +6.4% | Reiterated | 16.10.26on TipRanks 15:05 | — | |
| AI DeepSeek Banks - RegionalDeepSeek R1-0528 | TipRanks - DeepSeek | $91.00 → $84.00−7.7% | Hold | +5.2% | Reiterated | 16.10.26on TipRanks 15:05 | — | |
| AI OpenAI Banks - RegionalOpenAI 4o | TipRanks - OpenAI | $92.00 → $84.00−8.7% | Hold | +5.2% | Reiterated | 16.10.26on TipRanks 15:05 | — | |
| AI Anthropic Banks - RegionalAnthropic Opus-4.1 | TipRanks - Anthropic | $87.00 → $81.00−6.9% | Hold | +1.4% | Reiterated | 16.10.26on TipRanks 15:05 | — | |
| AI Google Banks - RegionalGemini 2.5Pro | TipRanks - Google | $95.00 → $87.00−8.4% | Buy | +8.9% | Reiterated | 16.10.26on TipRanks 15:05 | — | |
| Justin Crowley★★★★★★★★★★#508 · hits 88% · avg +20.1% | Piper Sandler | $90.00 → $91.00+1.1% | Hold | +13.9% | Reiterated | 16.10.26on TipRanks 08:08 | +4.7% | ↗ |
| AI PerPlexity Banks - RegionalPerPlexity SonarPro | TipRanks - PerPlexity | $92.00 → $85.00−7.6% | Buy | +6.4% | Reiterated | 16.10.26on TipRanks Oct 15 22:05 | — | |
| Jared Shaw★★★★★★★★★★#1961 · hits 61% · avg +4.3% | Barclays | $82.00 | Sell | +2.7% | Reiterated | 05.10.26on TipRanks 04:55 | −1.1%next day −1.0% · 5 days −3.6% | ↗ |
| Steve Moss★★★★★★★★★★#607 · hits 57% · avg +11.7% | Raymond James | $97.00 | Buy | +21.4% | Reiterated | 02.10.26on TipRanks Oct 6 07:35 | +0.7%next day −1.1% · 5 days −5.0% | ↗ |
| David Konrad★★★★★★★★★★#120 · hits 83% · avg +26.7% | KBW | $99.00 → $96.00−3.0% | Buy | +20.2% | Reiterated | 20.07.26on TipRanks 05:55 | +0.5%next day −0.4% · 5 days +0.3% | ↗ |
| Feddie Strickland★★★★★★★★★★#4213 · hits 67% · avg +10.7% | Hovde Group | $95.00 | Buy | +18.9% | Initiated | 15.05.26on TipRanks 06:10 | +0.1%next day +2.1% · 5 days +2.8% | ↗ |
| Matthew Breese★★★★★★★★★★#1860 · hits 60% · avg +8.3% | Stephens | $88.00 | Buy | +10.2% | Initiated | 16.04.26on TipRanks Apr 15 20:25 | −1.5%next day −1.8% · 5 days −1.2% | ↗ |
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The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included
Best analysts covering Independent Bank
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $89.33 at a price of $77.65 (+15.0%); now: $91.50 at $79.88 (+14.5%).
PriceAverage targetTop analysts’ target
Recommendation trend
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 5 | 5 | 3 | 2 | 2 | 1 |
| Hold | 2 | 2 | 2 | 2 | 1 | 1 |
| Sell | 2 | 2 | 2 | 2 | 2 | 1 |
Earnings and sales forecast
Next report: 21.01.27 (Q4 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $1.95 (from $1.87 to $2.00). Last quarter: $1.90.
Sales
Next quarter’s sales estimate — $265M (from $265M to $267M). Last quarter: $345M.
Best top-analyst consensus in the sector · Financial
About Independent Bank
- CEO: Jeffrey J. Tengel
- Employees: 2,294
- 288 Union Street, Rockland, MA, 02370, US
- www.rocklandtrust.com
Independent Bank Corp. functions as the parent company for Rockland Trust Company, delivering a wide array of commercial banking products and services. Its clientele primarily consists of private individuals and small to mid-sized businesses, largely within Massachusetts. The institution offers diverse deposit options, including interest-bearing checking, money market, and savings accounts, in addition to demand deposits and time certificates of deposit. Its extensive lending portfolio covers commercial and industrial loans, commercial real estate and construction financing, small business loans, consumer real estate loans, and personal loans. Beyond core banking, the company provides wealth management and fiduciary services for a broad spectrum of clients, from private individuals and institutions to small businesses and charitable organizations. It also offers digital banking solutions (online and mobile), estate planning, financial advisory, and tax assistance. Customers have access to ATM and debit card services, alongside various investment products such as mutual funds, unit investment trusts, general securities, fixed and variable annuities, and life insurance. As of December 31, 2021, Independent Bank Corp. maintained a substantial physical presence, operating 119 retail branches, two limited-service retail branches, and one mobile branch. These facilities are strategically located across Eastern Massachusetts, encompassing Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties. Established in 1907, the company is headquartered in Rockland, Massachusetts.
Data from the stock’s TipRanks forecast page, read 193 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗