Macro Bank (BMA) Getting Somewhat Positive Media Coverage, Report Finds
News headlines about Macro Bank (NYSE:BMA) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Macro Bank earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 46.5705835513699 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- Here’s why Poloz is fixated on Canada’s youth labour force (gulf-times.com)
- Macro Bank (BMA) versus Its Peers Head-To-Head Survey (americanbankingnews.com)
- ETFs with exposure to Banco Macro SA : November 9, 2017 (finance.yahoo.com)
- Banco Macro Announces Results for the Third Quarter of 2017 (finance.yahoo.com)
Several brokerages have recently commented on BMA. Zacks Investment Research lowered shares of Macro Bank from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Goldman Sachs Group, Inc. (The) lowered shares of Macro Bank from a “buy” rating to a “neutral” rating and set a $113.70 price objective on the stock. in a report on Monday, September 11th. BidaskClub upgraded shares of Macro Bank from a “hold” rating to a “buy” rating in a report on Saturday, August 26th. ValuEngine upgraded shares of Macro Bank from a “buy” rating to a “strong-buy” rating in a report on Friday, July 28th. Finally, Santander lowered shares of Macro Bank from a “hold” rating to an “underperform” rating in a report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. Macro Bank presently has a consensus rating of “Hold” and an average price target of $116.35.
Macro Bank (NYSE BMA) traded down $2.11 during trading on Monday, reaching $115.07. 125,443 shares of the company’s stock were exchanged, compared to its average volume of 182,970. The firm has a market cap of $7,717.01, a price-to-earnings ratio of 14.98, a PEG ratio of 2.86 and a beta of 1.33. Macro Bank has a 12 month low of $61.12 and a 12 month high of $136.10. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.24 and a current ratio of 1.24.
About Macro Bank
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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