Rating Change
Piper Sandler analysts initiated coverage on Mid Penn Bancorp, Inc. (NASDAQ:MPB) with a rating of Overweight on October 09, 2026.
new coverageNASDAQ:MPB
Piper Sandler Initiates Coverage on Mid Penn Bancorp, Inc. (MPB) with Overweight
Piper Sandler analysts initiated coverage on Mid Penn Bancorp, Inc. (NASDAQ:MPB) with a rating of Overweight on October 09, 2026.
At publication ·
What changed
Mid Penn Bancorp, Inc. (NASDAQ:MPB) · new coverage
- Firm
- Piper Sandler
- Rating
- Overweight
- Price at event
- $36.17
- Market capitalization
- $737.1M
At a glance
Key takeaways
- Piper Sandler initiated Overweight coverage on Mid Penn Bancorp (MPB) on October 9, 2026, joining 10 buy ratings with zero sell ratings among recent analyst opinions.
- Mid Penn Bancorp trades at $36.17 with a market capitalization of $737.1 million and has gained 21.2% over the past 52 weeks.
- All 10 most recent analyst ratings are either Buy or Outperform, with no Hold or Sell ratings present.
- Analyst ratings are one input among many investment factors; studies show consensus recommendations have mixed predictive power on their own.
Market Context
Mid Penn Bancorp, Inc. operates in the Financial Services sector. The stock currently trades at $36.17 with a market capitalization of $737.1M. The stock has gained 21.2% over the past 52 weeks.
Analyst coverage from Piper Sandler provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Mid Penn Bancorp, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Mid Penn Bancorp, Inc.
Among the 10 most recent ratings: 10 Buy, 0 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 09, 2026 | Piper Sandler | Overweight | N/A |
| Jul 27, 2026 | Keefe, Bruyette & Woods | Outperform | N/A |
| Jun 30, 2026 | Raymond James | Outperform | N/A |
| Oct 27, 2025 | Keefe, Bruyette & Woods | Outperform | N/A |
| Aug 04, 2025 | Keefe, Bruyette & Woods | Outperform | N/A |
Related Tools: Analyst Ratings Dashboard | View MPB Stock Page
Frequently Asked Questions
What does the Overweight rating mean for MPB?
A rating of Overweight from Piper Sandler reflects the analyst's outlook on Mid Penn Bancorp, Inc. (NASDAQ:MPB). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the MPB forecast page.
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