Jul
9
Zacks upgraded shares of Grupo Financiero Galicia (NASDAQ:GGAL) from a neutral rating to an outperform rating in a report issued on Tuesday. They currently have $16.90 target price on the stock.
Zacks has also modified their ratings on a number of other financials stocks in the few days. The firm upgraded shares of TransGlobe Energy Co. from an underperform rating to a neutral rating. The firm now has a $7.60 price target on that stock. Also, Zacks upgraded shares of Petroleo Brasileiro Petrobras SA (ADR) from a neutral rating to an outperform rating. Zacks now has a $17.60 price target on that stock. Finally, Zacks downgraded shares of Dynegy Inc. from an outperform rating to a neutral rating. Their analysts now have a $39.30 price target on that stock.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase Co. downgraded shares of Grupo Financiero Galicia to an underweight rating in a research note on Wednesday, June 11th. Analysts at RBC Capital upgraded shares of Grupo Financiero Galicia to a sector perform rating in a research note on Thursday, May 1st.
Shares of Grupo Financiero Galicia (NASDAQ:GGAL) traded up 1.91% on Tuesday, hitting $16.01. 107,862 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 $15.90. The stock has a 50-day moving average of $13.93 and a 200-day moving average of $11.68. The company has a market cap of $2.082 billion and a price-to-earnings ratio of 6.93.
Grupo Financiero Galicia (NASDAQ:GGAL) last posted its quarterly earnings results 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 $2.21 EPS for the current fiscal year.
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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