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Grupo Financiero Galicia (NASDAQ:GGAL) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued on Tuesday. They currently have a $14.90 price target on the stock. Zacks‘s price objective points to a potential upside of 18.82% from the stock’s previous close.
Grupo Financiero Galicia (NASDAQ:GGAL) traded up 0.48% during mid-day trading on Tuesday, hitting $12.60. 153,351 shares of the company’s stock traded hands. Grupo Financiero Galicia has a 1-year low of $4.96 and a 1-year high of $14.35. The stock’s 50-day moving average is $13.25 and its 200-day moving average is $10.91. The company has a market cap of $1.638 billion and a price-to-earnings ratio of 5.48.
Grupo Financiero Galicia (NASDAQ:GGAL) last released its earnings data on Tuesday, May 20th. The company reported $0.79 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.58 by $0.21. Analysts expect that Grupo Financiero Galicia will post $2.15 EPS for the current fiscal year.
Separately, analysts at RBC Capital upgraded shares of Grupo Financiero Galicia to a “sector perform” rating in a research note on Thursday, May 1st.
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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