Oct
24
Stock analysts at Scotiabank cut their price target on shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) from $45.00 to $41.00 in a report issued on Wednesday, AnalystRatings.NET reports. Scotiabank’s price target indicates a potential upside of 280.69% from the stock’s previous close.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) traded down 3.58% during mid-day trading on Wednesday, hitting $10.77. 1,217,457 shares of the company’s stock traded hands. Grupo Financiero Galicia S.A. has a 52-week low of $4.54 and a 52-week high of $8.79. The stock has a 50-day moving average of $6.65 and a 200-day moving average of $5.82. The company has a market cap of $1.337 billion and a P/E ratio of 4.75.
Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of Grupo Financiero Galicia S.A. from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 15th. They now have a $11.40 price target on the stock. Finally, 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. One analyst has rated the stock with a sell rating and three have given a hold rating to the company. Grupo Financiero Galicia S.A. has an average rating of “Hold” and an average price target of $26.20.
Grupo Financiero Galicia SA (NASDAQ:GGAL) is a financial services holding company.
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