Oct
17
Zacks downgraded shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) from an outperform rating to a neutral rating in a report issued on Tuesday, Analyst Ratings.Net reports. They currently have $11.40 target price on the stock.
Zacks has also updated their ratings on a number of other financials stocks in the last week. The firm upgraded shares of Penn Virginia GP Holdings, L.P. from a neutral rating to an outperform rating. The firm now has a $5.10 price target on that stock. Also, Zacks downgraded shares of Grupo Aeroportuario del Pacifico from a neutral rating to an underperform rating. Their analysts now have a $51.60 price target on that stock. Finally, Zacks downgraded shares of BHP Billiton plc from a neutral rating to an underperform rating. Their analysts now have a $57.20 price target on that stock.
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) opened at 10.69 on Tuesday. Grupo Financiero Galicia S.A. has a 52-week low of $4.54 and a 52-week high of $11.49. The stock’s 50-day moving average is $8.8 and its 200-day moving average is $6.46. The company has a market cap of $1.327 billion and a price-to-earnings ratio of 4.54.
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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