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Banco Macro SA (BMA) Receives a Buy from Goldman Sachs

Tipranks - Sat Feb 28, 7:00AM CST

In a report released today, Tito Labarta from Goldman Sachs maintained a Buy rating on Banco Macro SA, with a price target of $98.00.

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According to TipRanks, Labarta is an analyst with an average return of -0.1% and a 47.32% success rate. Labarta covers the Financial sector, focusing on stocks such as Grupo Cibest, Nu Holdings, and Credicorp.

In a report released on February 18, UBS also maintained a Buy rating on the stock with a $130.00 price target.

Based on Banco Macro SA’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1442863000 thousand and a GAAP net loss of $33.1 billion. In comparison, last year the company earned a revenue of $1112229041 thousand and had a net profit of $90.87 billion

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