Polar Capital Holdings PLC (LON:POLR) Stock Rating Maintained at Shore Capital; The GBX 500.00 Target Indicates -5.12% Potential; Macatawa Bank (MCBC) Shorts Up By 6.26%

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Shore Capital have a GBX 500.00 target price on the stock. The target price would suggest a potential downside of -5.12% from Polar Capital Holdings PLC (LON:POLR)‘s previous close. This rating was shown in analysts note on 12 April.

Macatawa Bank Corporation (NASDAQ:MCBC) had an increase of 6.26% in short interest. MCBC’s SI was 307,100 shares in April as released by FINRA. Its up 6.26% from 289,000 shares previously. With 34,500 avg volume, 9 days are for Macatawa Bank Corporation (NASDAQ:MCBC)’s short sellers to cover MCBC’s short positions. The SI to Macatawa Bank Corporation’s float is 1.18%. The stock decreased 0.76% or $0.08 during the last trading session, reaching $10.5. About 11,251 shares traded. Macatawa Bank Corporation (NASDAQ:MCBC) has risen 5.28% since April 12, 2017 and is uptrending. It has underperformed by 6.27% the S&P500.

Polar Capital Holdings plc is a publicly owned investment manager. The company has market cap of 471.74 million GBP. The firm provides its services to professional and institutional investors. It has a 25.7 P/E ratio. It launches and manages equity and balanced mutual funds.

The stock increased 3.84% or GBX 19.2 during the last trading session, reaching GBX 519.2. About 49,057 shares traded. Polar Capital Holdings plc (LON:POLR) has 0.00% since April 12, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 8 analysts covering Polar Capital Holdings PLC (LON:POLR), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Polar Capital Holdings PLC has GBX 590 highest and GBX 289 lowest target. GBX 527.50’s average target is 1.60% above currents GBX 519.2 stock price. Polar Capital Holdings PLC had 91 analyst reports since August 4, 2015 according to SRatingsIntel. Cantor Fitzgerald upgraded the shares of POLR in report on Thursday, June 16 to “Hold” rating. The rating was maintained by Canaccord Genuity on Thursday, September 21 with “Buy”. The rating was upgraded by Peel Hunt on Thursday, October 12 to “Buy”. Numis Securities maintained the shares of POLR in report on Thursday, April 14 with “Hold” rating. Peel Hunt maintained Polar Capital Holdings plc (LON:POLR) on Thursday, January 11 with “Buy” rating. Shore Capital maintained the shares of POLR in report on Thursday, January 11 with “Hold” rating. Shore Capital maintained the stock with “Hold” rating in Monday, December 11 report. The firm has “Buy” rating given on Friday, December 11 by Peel Hunt. The stock has “Buy” rating by Peel Hunt on Monday, December 7. The firm has “Buy” rating by Shore Capital given on Thursday, July 14.

Macatawa Bank Corporation operates as the bank holding firm for Macatawa Bank that provides commercial and personal banking services primarily in Western Michigan. The company has market cap of $357.19 million. The companyÂ’s deposit products include checking accounts, savings accounts and time deposits, transaction accounts, regular and money market savings accounts, and certificates of deposit. It has a 21.88 P/E ratio. The Company’s loan products portfolio comprises commercial and industrial loans offered to finance activities and equipment; commercial real estate loans primarily comprising construction and development loans, and multi-family and other non-residential real estate loans; retail loans that primarily consist of residential mortgage loans; and consumer loans, including automobile loans, home equity lines of credit and installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes.

Macatawa Bank Corporation (NASDAQ:MCBC) Institutional Positions Chart