Several analysts have recently updated their ratings and price targets for Macro Bank (NYSE: BMA):

  • 9/5/2017 – Macro Bank was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $119.00 price target on the stock. According to Zacks, “Banco Macro Bansud is a leading bank in Argentina. With the most extensive private-sector branch network in the country, Banco Marco provides standard banking products and services to a nationwide customer base. “
  • 9/1/2017 – Macro Bank was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 8/26/2017 – Macro Bank was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/18/2017 – Macro Bank was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Banco Macro Bansud is a leading bank in Argentina. With the most extensive private-sector branch network in the country, Banco Marco provides standard banking products and services to a nationwide customer base. “
  • 8/9/2017 – Macro Bank was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Banco Macro Bansud is a leading bank in Argentina. With the most extensive private-sector branch network in the country, Banco Marco provides standard banking products and services to a nationwide customer base. “
  • 8/2/2017 – Macro Bank was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Banco Macro Bansud is a leading bank in Argentina. With the most extensive private-sector branch network in the country, Banco Marco provides standard banking products and services to a nationwide customer base. “
  • 7/28/2017 – Macro Bank was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.

Macro Bank Inc. (NYSE BMA) traded down 1.30% during mid-day trading on Wednesday, hitting $106.07. The company had a trading volume of 166,611 shares. The firm’s 50 day moving average is $93.70 and its 200 day moving average is $88.50. Macro Bank Inc. has a 52 week low of $61.12 and a 52 week high of $108.99. The company has a market capitalization of $6.99 billion, a price-to-earnings ratio of 17.05 and a beta of 1.37.

Banco Macro SA is an Argnetina-based financial institution (the Bank) that offers traditional bank products and services to companies, including those operating in regional economies, as well as to individuals. In addition, the Bank performs certain transactions through its subsidiaries, including mainly Banco del Tucuman, Macro Bank Ltd, Macro Securities SA, Macro Fiducia SA and Macro Fondos SGFCI SA.

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