Home » USA Broker Ratings » Banco Macro S.A. – Consensus Indicates Potential 56.6% Upside

Banco Macro S.A. – Consensus Indicates Potential 56.6% Upside

Banco Macro S.A. found using ticker (BMA) now have 9 analysts in total covering the stock. The consensus rating is ‘Underperform’. The target price ranges between 63 and 19 calculating the mean target price we have 32.27. With the stocks previous close at 20.61 this would imply there is a potential upside of 56.6%. The 50 day MA is 17.55 and the 200 moving average now moves to 25.34. The company has a market cap of $1,246m. You can visit the company’s website by visiting: http://www.macro.com.ar

Banco Macro S.A. provides various banking products and services to individuals and corporate customers in Argentina. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines (ATMs), and money transfers. The company also provides personal loans, document discounts, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services. Further, the company provides trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; transaction services, such as collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; and information services comprising Datanet and Interpymes services to corporate customers. As of December 31, 2018, it operated through a network of 471 branches, 1,485 ATMs, 934 self-service terminals, and service points. The company also offers Internet banking services. Banco Macro S.A. was incorporated in 1988 and is headquartered in Buenos Aires, Argentina.

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