Grupo Financiero Galicia S.A. (NASDAQ:GGAL) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report released on Thursday, StockRatingsNetwork reports. The firm currently has a $7.40 target price on the stock. Zacks‘ target price points to a potential upside of 3.35% from the stock’s previous close.

Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) traded down 1.26% on Thursday, hitting $7.07. 45,254 shares of the company’s stock traded hands. Grupo Financiero Galicia S.A. has a 1-year low of $4.54 and a 1-year high of $7.50. The stock’s 50-day moving average is $6.20 and its 200-day moving average is $5.71. The company has a market cap of $877.7 million and a P/E ratio of 3.04.

Separately, analysts at RBC Capital downgraded shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) from a “sector perform” rating to an “underperform” rating in a research note to investors on Thursday, August 1st.

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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