Grupo Financiero Galicia (NASDAQ:GGAL) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report issued on Monday. They currently have a $16.70 price target on the stock. Zacks‘s price target would suggest a potential upside of 29.26% from the company’s current price.

Separately, analysts at JPMorgan Chase Co. downgraded shares of Grupo Financiero Galicia to an “underweight” rating in a research note on Wednesday, June 11th.

Shares of Grupo Financiero Galicia (NASDAQ:GGAL) traded up 2.83% on Monday, hitting $13.285. The stock had a trading volume of 341,790 shares. Grupo Financiero Galicia has a 52 week low of $6.43 and a 52 week high of $18.50. The stock’s 50-day moving average is $15.25 and its 200-day moving average is $12.73. The company has a market cap of $1.727 billion and a price-to-earnings ratio of 5.14.

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. Analysts expect that Grupo Financiero Galicia will post $2.36 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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