MPB trades 8.8% below Wall Street's consensus target of $38.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes MPB achieves its forward estimates and maintains a stable P/E multiple of 11.0x. This scenario reflects the blended consensus of 2 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of July 8, 2026, Mid Penn Bancorp, Inc. (MPB) has a Wall Street consensus price target of $38.00, based on estimates from 2 covering analysts. With the stock currently trading at $34.92, this represents a potential upside of +8.8%. The company has a market capitalization of $885M.
Analyst price targets range from a low of $38.00 to a high of $38.00, representing a 0% spread in expectations. The median target of $38.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 2 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, MPB trades at a trailing P/E of 13.9x and forward P/E of 11.0x. Analysts expect EPS to grow +45.0% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $33.28, with bear and bull scenarios of $20.97 and $43.85 respectively. Model confidence stands at 43/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
NBTBNBT Bancorp Inc. | $2.6B | $49.63 | $56.00 | +12.8% | Hold | 11.9x | 10 |
CZWICitizens Community Bancorp, Inc. | $225M | $23.29 | — | — | Buy | 12.8x | 2 |
FXNCFirst National Corporation | $265M | $29.30 | $21.00 | -28.3% | Buy | 12.4x | 1 |
PFISPeoples Financial Services Corp. | $671M | $67.05 | $56.00 | -16.5% | Hold | 10.4x | 1 |
FUNCFirst United Corporation | $283M | $43.96 | $50.00 | +13.7% | Buy | 10.1x | 1 |
FRAFFranklin Financial Services Corporation | $277M | $61.72 | — | — | — | 10.6x | — |
CCNECNB Financial Corporation | $989M | $33.38 | $34.50 | +3.4% | Buy | 9.5x | 3 |
NFBKNorthfield Bancorp, Inc. | $620M | $14.84 | $14.50 | -2.3% | Hold | 11.0x | 9 |
CZNCCitizens & Northern Corporation | $416M | $23.24 | $23.50 | +1.1% | Hold | 11.8x | 1 |
FHNFirst Horizon Corporation | $12.2B | $25.76 | $28.05 | +8.9% | Hold | 12.0x | 35 |
Quick answers to the most common questions about buying MPB stock.
The consensus price target for MPB is $38, close to the current price of $34.92 (8.8% implied move). Based on 2 analyst estimates, the stock appears fairly valued near current levels.
MPB has a consensus rating of "Buy" based on 2 Wall Street analysts. The rating breakdown is predominantly bullish, with 2 Buy/Strong Buy ratings. The consensus 12-month price target of $38 implies 8.8% upside from current levels.
With a forward P/E of 11.0158x, MPB trades at a relatively low valuation. The consensus target of $38 implies 8.8% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $38 for MPB, while the most conservative target is $38. The consensus of $38 represents the median expectation. Our quantitative valuation model projects a bull case target of $44 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
MPB is lightly followed, with 2 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 0 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month MPB stock forecast based on 2 Wall Street analysts shows a consensus price target of $38, with estimates ranging from $38 (bear case) to $38 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $33, with bear/bull scenarios of $21/$44.
Our quantitative valuation model calculates MPB's fair value at $33 (base case), with a bear case of $21 and bull case of $44. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 43/100.
MPB trades at a forward P/E ratio of 11.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 13.9x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
MPB appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $38 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
MPB analyst price targets range from $38 to $38, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $38 consensus represents the middle ground. Our model's $21-$44 range provides an independent fundamental perspective.
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