Equites Radar

INDB · Independent Bank Corp.

Banks - RegionalUnited StatesAnalyst view: Buy

$85.12

+1.68% last session

End-of-day data · updated 2026-07-28

Bullish4 bullish · 1 bearish technical signals
Consensus: Buy (1.86 from 7 analysts)
To mean target: +7.9%

Market cap

$4B

Enterprise value

$4B

Trailing P/E

15.3

Forward P/E

10.2

Dividend yield

3.0%

Beta

0.79

Avg volume

0M

Employees

2K

2D change

5D change

-0.06%

10D change

0.25%

30D change

0.20%

60D change

7.94%

MTD change

-0.33%

YTD change

17.83%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.86
Covering analysts7
Mean price target$91.86
Low price target$82.00
Upside to mean target+7.9%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)60.8
50-day MA$81.53
200-day MA$76.06
Price vs 50-day MA+5.7%
Price vs 200-day MA+13.3%
MACD histogram-0.08
Volume vs 3-month avg0.9×
52w low $60.0852w high $87.17

Analyst sentiment over time — INDB

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-07-20

Latest call per bank · past 12 months

Barclays

Underweight

$82.00

-3.7% vs price
▲ raised from $80.00Maintains · 2026-04-07

Recent rating actions

DateFirmActionRatingPrice target
2026-07-20Keefe, Bruyette & WoodsMaintainsOutperform$99.00 $96.00
2026-06-26Piper SandlerMaintainsNeutral$84.00 $90.00
2026-05-15Hovde GroupInitiatesOutperform$0.00 $95.00
2026-04-20Keefe, Bruyette & WoodsMaintainsOutperform$96.00 $94.00
2026-04-16Stephens & Co.InitiatesOverweight$0.00 $88.00
2026-04-07BarclaysMaintainsUnderweight$80.00 $82.00
2026-02-02BarclaysDowngradeEqual-WeightUnderweight$0.00 $80.00
2025-12-17BarclaysInitiatesEqual-Weight$0.00 $80.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-28

  • RSI (14): RSI is 61 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 5.7% above the 50-day MA ($81.53).
  • Price vs 200-day MA: Trading 13.2% above the 200-day MA ($76.06).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is negative (-0.08) — short-term momentum is fading.
  • 52-week range: Price is within 5% of the 52-week high ($87.17).

INDB Price Chart

Loading chart for INDB

Fundamentals

Revenue (TTM)$1.0B
EBITDA
Free cash flow
Operating cash flow
Book value / share$73.76
Net debt / EBITDA
WACC9.0%
Revenue growth42.00%
Earnings growth42.00%

About Independent Bank Corp.

Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States. It provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, it provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; interchange fees; ATM fees; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, the company invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. The company was founded in 1907 and is headquartered in Rockland, Massachusetts.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.