Home » USA Broker Ratings » Banco Macro S.A. – Consensus Indicates Potential 66.1% Upside

Banco Macro S.A. – Consensus Indicates Potential 66.1% Upside

Banco Macro S.A. found using ticker (BMA) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Underperform’. The range between the high target price and low target price is between 63 and 15 calculating the average target price we see 30.82. Now with the previous closing price of 18.55 this indicates there is a potential upside of 66.1%. There is a 50 day moving average of 20.12 while the 200 day moving average is 24.43. The company has a market cap of $1,199m. Company Website: http://www.macro.com.ar

Banco Macro S.A. provides various banking products and services to retail 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; trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; and working capital facilities, credit for investment projects, and leasing and foreign trade transactions. Further, the company provides transaction services, such as collection services, payments to suppliers, payroll services, and foreign exchange transactions; information services comprising Datanet and Interpymes services to corporate customers; and Internet and mobile banking services. As of December 31, 2019, it operated through a network of 463 branches, 1,542 ATMs, 955 self-service terminals, and service points. Banco Macro S.A. was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.

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