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Grupo Financiero Galicia S.A. (NASDAQ:GGAL) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Thursday, American Banking Market News reports. They currently have a $13.90 price target on the stock. Zacks‘ price objective indicates a potential upside of 33.01% from the company’s current price.

Separately, analysts at Scotiabank cut their price target on shares of Grupo Financiero Galicia S.A. from $45.00 to $41.00 in a research note to investors on Wednesday, October 23rd.

Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) traded down 4.88% on Thursday, hitting $9.94. The stock had a trading volume of 407,879 shares. Grupo Financiero Galicia S.A. has a 1-year low of $4.96 and a 1-year high of $13.05. The stock has a 50-day moving average of $11.15 and a 200-day moving average of $8.45. The company has a market cap of $1.234 billion and a P/E ratio of 3.91.

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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