Grupo Financiero Galicia S.A. (NASDAQ:GGAL) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued on Tuesday, StockRatingsNetwork reports. They currently have a $11.40 price target on the stock. Zacks‘ price target would indicate a potential upside of 2.06% from the company’s current price.

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

Grupo Financiero Galicia S.A. (NASDAQ:GGAL) traded down 3.76% during mid-day trading on Tuesday, hitting $10.75. 712,059 shares of the company’s stock traded hands. Grupo Financiero Galicia S.A. has a one year low of $4.54 and a one year high of $11.25. The stock has a 50-day moving average of $8.66 and a 200-day moving average of $6.40. The company has a market cap of $1.335 billion and a price-to-earnings ratio of 4.75.

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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