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Zacks lowered shares of Grupo Financiero Galicia (NASDAQ:GGAL) from an outperform rating to a neutral rating in a report released on Tuesday. Zacks currently has $14.90 price objective on the stock.

Zacks has also taken action a number of other financials stocks recently. The firm downgraded shares of Nippon Telegraph Telephone from an outperform rating to a neutral rating. Their analysts now have a $30.90 price target on that stock. Also, Zacks downgraded shares of Cellcom Israel Ltd. from a neutral rating to an underperform rating. Their analysts now have a $12.50 price target on that stock. Finally, Zacks downgraded shares of Compania de Minas Buenaventura SAA (ADR) from a neutral rating to an underperform rating. Their analysts now have a $10.40 price target on that stock.

Shares of Grupo Financiero Galicia (NASDAQ:GGAL) traded up 0.79% during mid-day trading on Tuesday, hitting $12.70. 115,804 shares of the company’s stock traded hands. Grupo Financiero Galicia has a one year low of $4.96 and a one year high of $14.35. The stock’s 50-day moving average is $13.26 and its 200-day moving average is $10.94. The company has a market cap of $1.651 billion and a price-to-earnings ratio of 5.54.

Grupo Financiero Galicia (NASDAQ:GGAL) last announced its earnings results on Tuesday, May 20th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.21. On average, analysts predict that Grupo Financiero Galicia will post $2.15 earnings per share 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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