MPB Stock Forecast: Stock price increase 2.9% in last 30 days while nasdaq is down 11%. A good buy?

MPB Stock Forecast: Stock price increase 2.9% in last 30 days while nasdaq is down 11%. A good buy?

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

MPB Stock Forecast: Latest Price

MPB Stock Forecast: Performance Chart

Stock Name 5 Days 1 Month 6 Months 1 Year
MPB -4.6% 3.0% -10.9% -6.4%

MPB Stock Forecast: Latest Tweet

MPB Stock Forecast: Today’s Outlook

Indicator Trend
Overall Outlook
Market Data
Market Cap Lower
Technical Strong Sell
Trading Volume Steady
Crowd’s Wisdom
Google Search Volume Steady
Social Media Sentiment

Also Read: TTD Stock Forecast 2022

MPB Stock Forecast: Price Target

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 median estimate represents a +30.39% increase from the last price of 26.65. The earnings per share for the current quarter were $0.67 and sales were $38.8 as reported on July 28, 2022. This quarter report presented a surprise of 2.90% and the previous quarter was 14.52%. Over the last four quarters, the company surpassed EPS 3 times. The further movement in price will not be largely determined by this time’s announcement of the company’s earnings call.

MPB Stock Forecast: Latest Video

MPB Stock Forecast: Price History

Date Price Open High Low Volume Change %
Jun 13, 2022 26.7 26.0 27.0 25.9 52.83K 0.95%
Jun 10, 2022 26.4 26.9 26.9 26.4 25.85K -3.18%
Jun 09, 2022 27.3 27.3 27.5 27.2 25.71K -0.51%
Jun 08, 2022 27.4 27.7 27.7 27.3 20.28K -1.89%
Jun 07, 2022 27.9 27.7 28.1 27.7 30.24K 0.32%
Highest: 28.18 Lowest: 25.99 Difference: 2.19 Average: 27.18 Change %: -4.30

MPB reported revenue of $40.16 million for the quarter ended March 2022. This stock has underperformed in the market so far but, in the near future, they are expected to move along with the market. Moreover, the company has been working on its corporate structure – a new Chief Financial Officer and a Chief Corporate Development Office have been appointed. Q1 Earnings and Revenue surpassed the estimates and it has been listed as one of the top 50 best-performing community banks.

MPB Stock: Google Trends

MPB Stock Forecast: Technical Analysis

MPB stock forecast

Nandini Panchal

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

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