Grupo Financiero Galicia S.A. (NASDAQ: GGAL) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report released on Tuesday, Analyst Ratings Network reports. The firm currently has a $6.20 target price on the stock. Zacks‘ price objective would suggest a potential upside of 14.81% from the stock’s previous close.

Shares of Grupo Financiero Galicia S.A. (NASDAQ: GGAL) traded down 1.11% during mid-day trading on Tuesday, hitting $5.34. Grupo Financiero Galicia S.A. has a one year low of $4.20 and a one year high of $7.26. The stock’s 50-day moving average is currently $5.45. The company has a market cap of $662.9 million and a P/E ratio of 2.33.

Separately, analysts at JP Morgan Cazenove reiterated a “neutral” rating on shares of Grupo Financiero Galicia S.A. in a research note to investors on Friday, May 24th.

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

To view Zacks’ full report, visit www.zacks.com

Get Analysts’ Upgrades and Downgrades via Email – Stay on top of analysts’ coverage with Analyst Ratings Network’s FREE daily email newsletter that provides a concise list of analysts’ upgrades and downgrades. Click here to register now.

Open all references in tabs: [1 – 5]

Comments

Leave a Reply

You must be logged in to post a comment.