Banco Macro SA (ADR) (BMA) is Upgraded by Citigroup to Neutral

Banco Macro SA (ADR) (BMA) was Upgraded by Citigroup to ” Neutral”. Earlier the firm had a rating of “Sell ” on the company shares. Citigroup advised their investors in a research report released on May 23, 2016.

Many Wall Street Analysts have commented on Banco Macro SA (ADR). Banco Macro SA (ADR) was Initiated by Goldman to “Neutral” on Apr 27, 2016. Banco Macro SA (ADR) was Initiated by Credit Suisse to “Neutral” on Mar 29, 2016.

Banco Macro SA (ADR) opened for trading at $61.15 and hit $62.12 on the upside on Friday, eventually ending the session at $60.56, with a gain of 0.93% or 0.56 points. The heightened volatility saw the trading volume jump to 72,210 shares. Company has a market cap of $3,540 M.

Banco Macro S.A. (the Bank) is a bank. The Bank offers traditional bank products and services to companies including those operating in regional economies as well as to individuals. The Bank offers savings and checking accounts credit and debit cards consumer finance loans (including personal loans) mortgage loans automobile loans overdrafts credit-related services home and car insurance coverage tax collection utility payments automatic teller machines (ATMs) and money transfers. The Bank offers Plan Sueldo payroll services lending corporate credit cards mortgage finance transaction processing and foreign exchange. The Bank offers transaction services to its corporate customers such as cash management customer collections payments to suppliers payroll administration foreign exchange transactions foreign trade services corporate credit cards and information services such as its Datanet and Interpymes services.

Banco Macro SA (ADR)

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Banco Macro SA (ADR) - Is it time to Sell?

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