The latest price target for Macatawa Bank (NASDAQ:MCBC) was reported by Keefe, Bruyette & Woods on April 29, 2024. The analyst firm set a price target for $15.00 expecting MCBC to rise to within 12 months (a possible 1.15% upside). 2 analyst firms have reported ratings in the last year.

The latest analyst rating for Macatawa Bank (NASDAQ:MCBC) was provided by Keefe, Bruyette & Woods, and Macatawa Bank upgraded their outperform rating.

The last upgrade for Macatawa Bank Corp happened on April 29, 2024 when Keefe, Bruyette & Woods raised their price target to $15. Keefe, Bruyette & Woods previously had a market perform for Macatawa Bank Corp.

There is no last downgrade for Macatawa Bank.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Macatawa Bank, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Macatawa Bank was filed on April 29, 2024 so you should expect the next rating to be made available sometime around April 29, 2025.

While ratings are subjective and will change, the latest Macatawa Bank (MCBC) rating was a upgraded with a price target of $12.00 to $15.00. The current price Macatawa Bank (MCBC) is trading at is $14.83, which is within the analyst’s predicted range.