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Banco Macro

BMANYSE
Logo brought to you by Benzinga Data
$80.01
-1.79-2.19%
At close: -
$82.13
2.122.65%
After Hours: 9:05 AM EDT
Consensus Rating1
Neutral
Highest Price Target1
$78.00
Lowest Price Target1
$62.00
Consensus Price Target1
$70.00

Banco Macro (NYSE:BMA) Stock, Analyst Ratings, Price Targets, Forecasts

Banco Macro SA has a consensus price target of $70 based on the ratings of 2 analysts. The high is $78 issued by JP Morgan on August 30, 2024. The low is $62 issued by B of A Securities on August 8, 2024. The 3 most-recent analyst ratings were released by JP Morgan, B of A Securities, and JP Morgan on August 30, 2024, August 8, 2024, and January 31, 2022, respectively. With an average price target of $50.67 between JP Morgan, B of A Securities, and JP Morgan, there's an implied -38.31% downside for Banco Macro SA from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
B of A Securities

1calculated from analyst ratings

Analyst Ratings for Banco Macro

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FAQ

Q

What is the target price for Banco Macro (BMA) stock?

A

The latest price target for Banco Macro (NYSE:BMA) was reported by JP Morgan on August 30, 2024. The analyst firm set a price target for $78.00 expecting BMA to fall to within 12 months (a possible -2.51% downside). 2 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Banco Macro (BMA)?

A

The latest analyst rating for Banco Macro (NYSE:BMA) was provided by JP Morgan, and Banco Macro upgraded their neutral rating.

Q

When was the last upgrade for Banco Macro (BMA)?

A

The last upgrade for Banco Macro SA happened on August 30, 2024 when JP Morgan raised their price target to $78. JP Morgan previously had an underweight for Banco Macro SA.

Q

When was the last downgrade for Banco Macro (BMA)?

A

The last downgrade for Banco Macro SA happened on January 31, 2022 when JP Morgan changed their price target from $15 to $12 for Banco Macro SA.

Q

When is the next analyst rating going to be posted or updated for Banco Macro (BMA)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Banco Macro, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Banco Macro was filed on August 30, 2024 so you should expect the next rating to be made available sometime around August 30, 2025.

Q

Is the Analyst Rating Banco Macro (BMA) correct?

A

While ratings are subjective and will change, the latest Banco Macro (BMA) rating was a upgraded with a price target of $14.00 to $78.00. The current price Banco Macro (BMA) is trading at is $80.01, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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