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Independent Bank Corp. (INDB) [hlAlert]

Rating:
Sector Perform
INDB

Independent Bank Corp. (INDB) rated Sector Perform with price target $21 by RBC Capital Mkts

Posted on: Monday,  Jul 21, 2008  10:25 AM ET by RBC Capital Mkts

Independent Bank (INDB) rated Sector
Perform with price target $21 by RBC Capital Mkts.

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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/23/2010 12:25 PM Hold
None
23.34 21.00
as of 12/24/2008
1 Week down  -5.08 %
1 Month up  29.84 %
3 Months down  -9.06 %
1 YTD down  -23.66 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/19/2010 9:25 AM Hold
None
25.75 25.00
7/21/2008 10:25 AM Hold
None
25.00 21.00
1/22/2008 3:26 PM Hold
None
24.61 23.00

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