Stock Rating Upgrade
The Value Trend Rating for Banco Macro SA (NYSE: BMA) improved in the last week from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Banco Macro SA (NYSE: BMA) stock increased 1.5% on 12/20/24. The shares closed at $96.70. Trading volume in this advance was normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 7.9% during the last week.
Current PriceTarget Research Rating
Banco Macro has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR's two proprietary measures of a stock's attractiveness. Banco Macro has a neutral Appreciation Score of 53 but a very high Power Rating of 87, with the Positive Value Trend Rating the result.