MPB Stock Forecast: Stock prices are up 2.9% in the past 30 days while the Nasdaq is down 11%. A good buy?

MPB Stock Forecast: The stock is expected to trade between $27.2 and $27.5. The overall recommendation is Sell.

MPB Stock Forecast: Latest Price

MPB Stock Forecast: Performance Chart

Action name 5 days 1 month 6 months 1 year
BPM -4.6% 3.0% -10.9% -6.4%

MPB Stock Forecast: Latest Tweet

MPB Stock Forecast: Today’s Outlook

Indicator Orientation
Global outlook
Market data
Market capitalization Lower
Technical strong sale
Trading volume Constant
wisdom of the crowd
Google search volume Constant
Social Media Sentiment

Also Read: TTD Stock Forecast 2022

MPB stock forecast: target price

Mid Penn Bancorp Inc has a median target of 34.75, with a high estimate of 35.00 and a low estimate of 34.50. The middle estimate represents an increase of +30.39% from the last price of 26.65. Earnings per share for the current quarter was $0.67 and sales were $38.8 as reported on July 28, 2022. This quarterly report showed a surprise of 2.90% and the prior quarter was 14 .52%. Over the past four quarters, the company has exceeded EPS 3 times. Further price movement will not be largely determined by the announcement this time around of the company’s earnings call.

MPB Stock Forecast: Latest Video

Youtube video

MPB Stock Forecast: Price History

Date Price Open High Down Volume To change %
June 13, 2022 26.7 26.0 27.0 25.9 52.83K 0.95%
June 10, 2022 26.4 26.9 26.9 26.4 25.85K -3.18%
June 09, 2022 27.3 27.3 27.5 27.2 25.71K -0.51%
June 08, 2022 27.4 27.7 27.7 27.3 20.28K -1.89%
June 07, 2022 27.9 27.7 28.1 27.7 30.24K 0.32%
The highest: 28.18 The lowest: 25.99 Difference: 2.19 Medium: 27.18 To change %: -4.30

MPB reported revenue of $40.16 million for the quarter ended March 2022. So far, this stock has underperformed the market, but, in the near future, it is expected to follow the market . Additionally, the company has been working on its corporate structure – a new CFO and a Corporate Development Manager have been appointed. First-quarter earnings and revenue beat estimates and it was ranked among the top 50 community banks.

MPB Action: Google Trends

MPB Stock Forecast: Technical Analysis

MPB Stock Forecast

Nandini Panchal

Note: Crowdwisdom360 gathers forecasts and data from all over the net and has no internal views on likely stock or cryptocurrency trends. Please consult a registered investment advisor to guide you in your financial decisions.

Karen J. Nelson