Banco Macro SA has a consensus price target of $12, established from looking at the 1 latest analyst ratings. The last 1 analyst ratings were released from JP Morgan on January 31, 2022. With an average price target of $12 between JP Morgan, there's an implied -76.82% downside for Banco Macro SA from these 1 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
01/31/2022 | BMA | Buy Now | Banco Macro | $51.76 | -76.82% | JP Morgan | Domingos Falavina | $15 → $12 | Downgrade | Neutral → Underweight | Get Alert |
The latest price target for Banco Macro (NYSE: BMA) was reported by JP Morgan on January 31, 2022. The analyst firm set a price target for $12.00 expecting BMA to fall to within 12 months (a possible -76.82% downside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for Banco Macro (NYSE: BMA) was provided by JP Morgan, and Banco Macro downgraded their underweight rating.
There is no last upgrade for Banco Macro.
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.
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 January 31, 2022 so you should expect the next rating to be made available sometime around January 31, 2023.
While ratings are subjective and will change, the latest Banco Macro (BMA) rating was a downgraded with a price target of $15.00 to $12.00. The current price Banco Macro (BMA) is trading at is $51.76, which is out of the analyst’s predicted range.
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