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Enter Symbol:
 
Independent Bank Corp. (INDB) [hlAlert]

Rating:
Underperform
INDB
up 7.14 %

Independent Bank Corp. (INDB) downgraded to Underperform with price target $40 by Robert W. Baird

Posted on: Wednesday,  Jun 24, 2015  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Underperform Independent Bank Corp. (NASDAQ: INDB) on 06/24/2015, when the stock price was $47.51.
Since then, Independent Bank Corp. has lost 6.67% as of 01/22/2016's recent price of $44.34.
If you would have followed this Robert W. Baird's recommendation on INDB, you would have gained 7.14% of your investment in 212 days.

Independent Bank Corp. is a bank holding company for Rockland Trust Company. They are a community-oriented commercial bank. The community banking business consists of commercial banking, retail banking and trust services and is managed as a single strategic unit. The community banking business derives its revenues from a wide range of banking services, including lending activities, acceptance of demand, savings and time deposits, trust and investment management, and mortgage servicing income from investors.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/24/2015 8:25 AM Sell
None
47.51 40.00
as of 8/27/2015
1 Week up  7.85 %
1 Month up  9.39 %
3 Months up  6.67 %
1 YTD up  6.67 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/6/2012 8:25 AM Hold
None
26.23 25.00
10/10/2011 8:25 AM Hold
None
22.66 23.00
3/8/2010 8:25 AM Hold
None
26.21 27.00
10/16/2008 8:25 AM Buy
None
27.31 30.00

(*) Stock Price at the time of the recommendation.
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