# Independent (IBCP) — Analyst Forecast

IBCP · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/ibcp/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Hold | 2 | 3 | 0 | 5 |

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 2, 2026 | Piper Sandler | Upgraded | Neutral → Overweight | $42.00 |
| Jul 27, 2026 | Piper Sandler | Maintained | Neutral | $42.00 |
| Jul 24, 2026 | Keefe, Bruyette & Woods | Maintained | Market Perform | $38.00 |
| Jul 10, 2026 | Hovde Group | Upgraded | Market Perform → Outperform | $41.00 |
| Apr 27, 2026 | Piper Sandler | Maintained | Neutral | $37.00 |
| Apr 27, 2026 | DA Davidson | Maintained | Neutral | $37.00 |
| Mar 20, 2026 | DA Davidson | Maintained | Neutral | $36.00 |
| Jan 26, 2026 | Piper Sandler | Maintained | Neutral | $39.00 |
| Jul 25, 2025 | DA Davidson | Maintained | Neutral | $37.00 |
| Apr 28, 2025 | Piper Sandler | Maintained | Neutral | $36.00 |
| Apr 25, 2025 | Keefe, Bruyette & Woods | Maintained | Market Perform | $35.00 |
| Jan 28, 2025 | DA Davidson | Maintained | Neutral | $39.00 |
| Jan 24, 2025 | Keefe, Bruyette & Woods | Maintained | Market Perform | $41.00 |
| Dec 4, 2024 | Keefe, Bruyette & Woods | Maintained | Market Perform | $39.00 |
| Jul 29, 2024 | Keefe, Bruyette & Woods | Maintained | Market Perform | $31.00 |
| Jul 29, 2024 | Piper Sandler | Maintained | Neutral | $37.50 |
| Apr 30, 2024 | DA Davidson | Maintained | Neutral | $28.00 |
| Jul 26, 2023 | Keefe, Bruyette & Woods | Maintained | Market Perform | $21.00 |

## Frequently Asked Questions

### Is IBCP a buy, sell, or hold?

Analysts covering Independent currently average a Hold rating: 2 buy, 3 hold and 0 sell, from 5 analysts. Ratings reflect analyst opinion, not investment advice.

### What is the latest analyst rating on IBCP?

On Oct 2, 2026, Piper Sandler upgraded Independent to Overweight with a price target of $42.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).