Bank of America Securities Remains a Buy on Banco Macro SA (BMA)
In a report released on February 26, Ernesto Gabilondo from Bank of America Securities reiterated a Buy rating on Banco Macro SA, with a price target of $118.00. The company’s shares closed last Friday at $81.97.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Gabilondo covers the Financial sector, focusing on stocks such as Banco Macro SA, Credicorp, and Grupo Financiero Galicia SA. According to TipRanks, Gabilondo has an average return of 2.2% and a 54.93% success rate on recommended stocks.
Banco Macro SA has an analyst consensus of Strong Buy, with a price target consensus of $106.50, a 29.93% upside from current levels. In a report released on February 27, Goldman Sachs also maintained a Buy rating on the stock with a $98.00 price target.
Based on Banco Macro SA’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $802.92 billion and a net profit of $69.19 billion. In comparison, last year the company earned a revenue of $1499702897 thousand and had a net profit of $130.52 billion
Read More on BMA:
Disclaimer & DisclosureReport an Issue
- Banco Macro Calls April 8, 2026 Shareholders’ Meeting to Approve Earnings Allocation and Dividend Plan
- Banco Macro Posts 4Q25 Recovery With Strong Capital and Deposit Growth
- Banco Macro Proposes ARS 300 Billion Dividend After Strong 2025 Results
- Banco Macro Board Proposes Massive Dividend Funded by Optional Reserves
- Banco Macro Calls Hybrid General Shareholders’ Meeting for April 8, 2026
