Merchants Bancorp Boosts Preferred Stock Price Target by 14.86% to $31.84

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Merchants Bancorp – Preferred Stock (NASDAQCM:MBINM) has seen its one-year price target revised to $31.84 per share as of September 16, 2026, marking a 14.86% increase from the previous target of $27.72 set on August 27, 2026. The average price target is notably 26.06% higher than the closing price of $25.26 recorded on September 15, 2026. Analyst targets now range between $31.29 and $33.03 per share.

Over the last three months, the mean target has increased consecutively from $26.79 on June 30, 2026, to the current target. The target range has narrowed to $1.75, down from $8.52, indicating a significant change of -79.49%. The analyst recommendation profile remains stable, with 66.7% of recommendations being positive and 33.3% holds as of September 1, 2026.

Merchants Bancorp operates within the financial services industry, particularly focusing on multi-family mortgage banking and community banking. Among other companies in its sub-industry, 5 have seen their targets raised while 28 remained unchanged.

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