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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 to investors on Tuesday. They currently have a $14.90 price objective on the stock. Zacks‘s target price points to a potential upside of 17.79% from the stock’s previous close.
Grupo Financiero Galicia (NASDAQ:GGAL) opened at 12.65 on Tuesday. Grupo Financiero Galicia has a one year low of $4.96 and a one year high of $14.35. The stock has a 50-day moving average of $13.26 and a 200-day moving average of $10.95. The company has a market cap of $1.645 billion and a P/E ratio of 5.56.
Grupo Financiero Galicia (NASDAQ:GGAL) last released its earnings data on Tuesday, May 20th. The company reported $0.79 earnings per share for the quarter, beating the analysts’ 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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