Goldman Sachs Upgrades Banco Macro SA to Neutral (BMA)

By admin | 7 years ago

Banco Macro SA (NYSE: BMA) was upgraded by research analysts at Goldman Sachs (NYSE: GS) from a “sell” rating to a “neutral” rating in a report released on Tuesday.

Banco Macro SA traded down 0.73% on Tuesday, hitting $16.24. Banco Macro SA has a 1-year low of $14.42 and a 1-year high of $40.34. The company has a market cap of $965.4 million and a price-to-earnings ratio of 3.67.

Separately, 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.

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