Macatawa Bank Corporation (MCBC) Social Stream
Macatawa Bank Corp (MCBC) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering MCBC.
| Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|
| 2 | $9.5 | $8.5 | $9 | $8.83 | 1.93% |
The Trend in the Analyst Price Target
MCBC's average price target has moved up $0.25 over the prior 170 days.
Over the past 17 months, MCBC's average upside potential has been 5.54%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-09-20 | 2 | 9.5 | 8.50 | 9.00 | 7.600 | 18.42% |
| 2021-09-19 | 2 | 9.5 | 8.50 | 9.00 | 7.500 | 20% |
| 2021-09-18 | 2 | 9.5 | 8.50 | 9.00 | 7.500 | 20% |
| 2021-09-11 | 2 | 9.5 | 8.50 | 9.00 | 7.850 | 14.65% |
| 2021-09-04 | 2 | 9.5 | 8.50 | 9.00 | 8.130 | 10.7% |
| 2021-08-28 | 2 | 9.5 | 8.50 | 9.00 | 8.370 | 7.53% |
| 2021-08-14 | 2 | 9.5 | 8.50 | 9.00 | 8.400 | 7.14% |
| 2021-08-07 | 2 | 9.5 | 8.50 | 9.00 | 8.420 | 6.89% |
| 2021-08-05 | 2 | 9.5 | 8.50 | 9.00 | 8.290 | 8.56% |
| 2021-08-01 | 2 | 9.5 | 8.50 | 9.00 | 8.320 | 8.17% |
| 2021-07-24 | 2 | 10.0 | 9.50 | 9.75 | 8.170 | 19.34% |
| 2021-07-17 | 2 | 10.0 | 10.00 | 10.00 | 8.550 | 16.96% |
| 2021-07-10 | 2 | 10.0 | 10.00 | 10.00 | 8.530 | 17.23% |
| 2021-07-03 | 2 | 10.0 | 10.00 | 10.00 | 8.620 | 16.01% |
| 2021-06-26 | 2 | 10.0 | 10.00 | 10.00 | 9.020 | 10.86% |
| 2021-06-13 | 2 | 10.0 | 10.00 | 10.00 | 9.180 | 8.93% |
| 2021-06-05 | 2 | 10.0 | 10.00 | 10.00 | 9.430 | 6.04% |
| 2021-05-22 | 2 | 10.0 | 10.00 | 10.00 | 9.750 | 2.56% |
| 2021-05-15 | 2 | 10.0 | 10.00 | 10.00 | 9.760 | 2.46% |
| 2021-05-08 | 2 | 10.0 | 10.00 | 10.00 | 9.700 | 3.09% |
| 2021-04-25 | 2 | 10.0 | 10.00 | 10.00 | 9.960 | 0.4% |
| 2021-04-17 | 2 | 10.0 | 10.00 | 10.00 | 9.930 | 0.7% |
| 2021-04-10 | 2 | 10.0 | 9.00 | 9.50 | 9.940 | -4.43% |
| 2021-04-03 | 2 | 9.0 | 8.50 | 8.75 | 10.030 | -12.76% |
| 2021-03-20 | 2 | 9.0 | 8.50 | 8.75 | 10.400 | -15.87% |
| 2021-03-13 | 2 | 9.0 | 8.50 | 8.75 | 10.580 | -17.3% |
| 2021-03-06 | 2 | 9.0 | 8.50 | 8.75 | 9.800 | -10.71% |
| 2021-02-27 | 2 | 9.0 | 8.50 | 8.75 | 8.830 | -0.91% |
| 2021-02-20 | 2 | 9.0 | 8.50 | 8.75 | 8.720 | 0.34% |
| 2021-02-13 | 2 | 9.0 | 8.50 | 8.75 | 8.600 | 1.74% |
| 2021-02-06 | 2 | 9.0 | 8.50 | 8.75 | 8.570 | 2.1% |
| 2021-01-30 | 2 | 9.0 | 9.00 | 9.00 | 8.300 | 8.43% |
| 2021-01-23 | 2 | 9.0 | 9.00 | 9.00 | 8.970 | 0.33% |
| 2021-01-16 | 2 | 9.0 | 9.00 | 9.00 | 9.045 | -0.5% |
| 2021-01-09 | 2 | 9.0 | 9.00 | 9.00 | 8.880 | 1.35% |
| 2021-01-02 | 2 | 9.0 | 9.00 | 9.00 | 8.370 | 7.53% |
| 2020-12-26 | 2 | 9.0 | 9.00 | 9.00 | 8.300 | 8.43% |
| 2020-12-19 | 2 | 9.0 | 9.00 | 9.00 | 8.310 | 8.3% |
| 2020-12-09 | 2 | 9.0 | 9.00 | 9.00 | 8.070 | 11.52% |
| 2020-12-07 | 2 | 9.0 | 9.00 | 9.00 | 8.210 | 9.62% |
| 2020-11-28 | 2 | 9.0 | 7.75 | 8.38 | 8.110 | 3.33% |
| 2020-10-23 | 2 | 9.0 | 7.75 | 8.38 | NA | NA% |
| 2020-08-13 | 1 | 9.0 | 9.00 | 9.00 | NA | NA% |
| 2020-07-19 | 2 | 9.0 | 8.00 | 8.50 | NA | NA% |
| 2020-06-13 | 2 | 9.0 | 8.00 | 8.50 | NA | NA% |
| 2020-05-05 | 2 | 9.0 | 8.00 | 8.50 | NA | NA% |
MCBC Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2 | 0 | 0 | 2 | 0 | 0 | 2 |
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for MCBC as an investment opportunity.
- Macatawa Bank Corp's average analyst price target is greater than 16.31% of all US stocks.
- Macatawa Bank Corp's number of analysts covering the stock is higher than 16.91% of all US stocks.
- The upside potential (average analyst target price relative to current price) of MCBC is higher than 25.28% of stocks in the small market cap category.
- MCBC has a lower variance in analysts' estimates than 74.29% of all US stocks.
Stocks similar to Macatawa Bank Corp in the Banking industry regarding analyst recommendations and price targets are CFFN, FRBK and ICMB.
What is the outlook for MCBC? Use POWR Ratings for clearer insight into price direction.