Zacks upgraded shares of Grupo Financiero Galicia S.A. (NASDAQ: GGAL) from a neutral rating to an outperform rating in a research note issued to investors on Tuesday, Analyst Ratings.Net reports. The firm currently has $6.20 price target on the stock.

Zacks has also taken action a number of other financials stocks recently. The firm upgraded shares of Grupo Simec S.A. De from an underperform rating to a neutral rating. The firm now has a $14.00 price target on that stock. Also, Zacks downgraded shares of Dr. Reddy’s Laboratories Limited from a neutral rating to an underperform rating. Their analysts now have a $35.60 price target on that stock. Finally, Zacks upgraded shares of Energy Transfer Equity from a neutral rating to an outperform rating. Zacks now has a $64.40 price target on that stock.

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 S.A. (NASDAQ: GGAL) traded down 0.74% on Tuesday, hitting $5.34. Grupo Financiero Galicia S.A. has a 1-year low of $4.20 and a 1-year high of $7.26. The stock’s 50-day moving average is currently $5.44. The company has a market cap of $662.9 million and a price-to-earnings ratio of 2.32.

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

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

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