Aug
6
RBC Capital lowered shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) from a sector perform rating to an underperform rating in a research report released on Thursday morning, AnalystRatings.Net reports.
RBC Capital has also modified their ratings on a number of other financials stocks in the few days. The firm raised its price target on shares of Hercules Technology Growth Capital Inc. from $14.00 to $15.00. Also, RBC Capital raised its price target on shares of Genesis Energy, L.P. from $55.00 to $57.00. They have an outperform rating on that stock. Finally, RBC Capital raised its price target on shares of Enbridge Energy Management, L.L.C. from $29.00 to $32.00.
Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) opened at 5.64 on Thursday. Grupo Financiero Galicia S.A. has a one year low of $4.54 and a one year high of $7.26. The stock’s 50-day moving average is currently $5.3. The company has a market cap of $700.1 million and a P/E ratio of 2.44.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks upgraded shares of Grupo Financiero Galicia S.A. from a neutral rating to an outperform rating in a research note to investors on Tuesday, July 9th. They now have a $6.20 price target on the stock. Analysts at JPMorgan 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.
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