Bank of America Securities Sticks to Its Buy Rating for Banco Macro SA (BMA)
Bank of America Securities analyst Ernesto Gabilondo maintained a Buy rating on Banco Macro SA yesterday and set a price target of $117.00.
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According to TipRanks, Gabilondo is an analyst with an average return of -0.7% and a 47.83% success rate. Gabilondo covers the Financial sector, focusing on stocks such as Banco Macro SA, Grupo Supervielle SA, and Grupo Financiero Galicia SA.
Banco Macro SA has an analyst consensus of Strong Buy, with a price target consensus of $99.95.
Based on Banco Macro SA’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1410138606 thousand and a net profit of $149.14 billion. In comparison, last year the company earned a revenue of $1219774802 thousand and had a GAAP net loss of $316.58 billion
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