JP Morgan Cazenove restated their neutral rating on shares of Grupo Financiero Galicia S.A. (NASDAQ: GGAL) in a research note issued to investors on Friday, Analyst Ratings.Net reports.

JP Morgan Cazenove has also updated their ratings on a number of other financial stocks in the last week. The firm reiterated its overweight rating on shares of Barclays Capital. Also, JP Morgan Cazenove downgraded shares of Deutsche Bank from an outperform rating to a market perform rating.

Shares of Grupo Financiero Galicia S.A. (NASDAQ: GGAL) opened at 5.62 on Friday. Grupo Financiero Galicia S.A. has a 52 week low of $4.14 and a 52 week high of $7.26. The stock’s 50-day moving average is currently $5.63. The company has a market cap of $697.7 million and a P/E ratio of 2.46.

Grupo Financiero Galicia SA (NASDAQ: GGAL) is a financial services holding company.

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