Analyst Ratings for Merchants Bancorp (MBIN)

MBIN Rating Summary

MBIN Price Target Summary

* Over Last 12-Mos
  |   Expand Research on MBIN
Overall Rating: BUY   Rating Trend: =   Avg. $ Target: $48.00 (+5.4%) * Over Last 12-Mos
Rating Score: 7.5 / 10   Percentile Rank: 79%
Date Firm Analyst Type Rating
(Past)
PT
(Past)
Start $
(End $)
% Chg. Details
9/9/2024 Morgan Stanley
» Updated 3/31/2026
Manan Gosalia New Coverage Equalweight
(N/A)
46.00
(51.00)
44.42
(45.56)
2.57% Details
7/30/2024 Raymond James
» Updated 7/29/2025
Daniel Cardenas Downgrade Outperform
(Strong Buy)
40.00
(41.00)
52.10
(45.56)
-12.55% Details