Oct
25
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) had its target price reduced by Scotiabank from $45.00 to $41.00 in a research note released on Wednesday morning, StockRatingsNetwork.com reports.
Scotiabank has also taken action a number of other financials stocks recently. The firm raised its price target on shares of Fibria Celulose S.A. from $12.75 to $13.00. Also, Scotiabank reiterated its sector outperform rating on shares of Canadian National Railway. They have a $120.00 price target on that stock, up previously from $113.00. Finally, Scotiabank raised its price target on shares of Precision Drilling from $12.00 to $13.00.
A number of other analysts have also recently weighed in on GGAL. 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 investment analyst has rated the stock with a sell rating and three have given a hold rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of $26.20.
Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) opened at 11.37 on Wednesday. Grupo Financiero Galicia S.A. has a one year low of $4.54 and a one year high of $8.79. The stock’s 50-day moving average is $6.65 and its 200-day moving average is $5.82. The company has a market cap of $1.411 billion and a price-to-earnings ratio of 4.83.
Grupo Financiero Galicia SA (NASDAQ:GGAL) is a financial services holding company.
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