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Zacks upgraded shares of Grupo Financiero Galicia (NASDAQ:GGAL) from a neutral rating to an outperform rating in a research report released on Friday morning, AmericanBankingNews.com reports. Zacks currently has $11.70 price objective on the stock.

Zacks has also taken action a number of other financials stocks recently. The firm reiterated its neutral rating on shares of Natural Resource. They have a $17.00 price target on that stock. Also, Zacks upgraded shares of Nippon Telegraph Telephone from a neutral rating to an outperform rating. Zacks now has a $29.50 price target on that stock. Finally, Zacks upgraded shares of Inovio Pharmaceuticals Inc from a neutral rating to an outperform rating. Zacks now has a $4.00 price target on that stock.

Grupo Financiero Galicia (NASDAQ:GGAL) opened at 11.15 on Friday. Grupo Financiero Galicia 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 $9.49 and a 200-day moving average of $9.85. The company has a market cap of $1.450 billion and a price-to-earnings ratio of 3.63.

Grupo Financiero Galicia SA (NASDAQ:GGAL) is a financial services holding company.

To view Zacks’ full report, visit Zacks’ official website.

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