Lazard Capital Starts Stock Coverage on Banco Macro SA (BMA)
Banco Macro SA traded down 1.04% on Tuesday, hitting $14.28. Banco Macro SA has a 52-week low of $14.27 and a 52-week high of $40.34. The company has a market cap of $848.9 million and a price-to-earnings ratio of 3.24.
A number of other firms have also recently commented on BMA. Analysts at Goldman Sachs (NYSE: GS) upgraded shares of Banco Macro SA from a “sell” rating to a “neutral” rating in a research note to investors on Tuesday, May 8th. Analysts at JPMorgan Chase (NYSE: JPM) upgraded shares of Banco Macro SA from a “neutral” rating to an “overweight” rating in a research note to investors on Thursday, February 16th.
Banco Macro S.A. (the Bank) is an Argentina-based bank. The Bank provides standard banking products and services to a nationwide customer base.