On 11/20/23, Banco Macro SA (NYSE: BMA) stock enjoyed a major increase of 20.2%, closing at $24.32. The stock has been exceptionally strong relative to the market over the last nine months and has risen 24.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, BMA is expected to continue to be Value Creation neutral.
Banco Macro has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Banco Macro has a good Appreciation Score of 80 and a very high Power Rating of 86, with the Highest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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