Grupo Financiero Galicia (NASDAQ:GGAL) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Monday. They currently have a $16.70 target price on the stock. Zacks‘s target price would indicate a potential upside of 27.77% from the stock’s previous close.

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

Grupo Financiero Galicia (NASDAQ:GGAL) opened at 13.14 on Monday. Grupo Financiero Galicia has a 52 week low of $6.43 and a 52 week high of $18.50. The stock has a 50-day moving average of $15. and a 200-day moving average of $12.79. The company has a market cap of $1.709 billion and a price-to-earnings ratio of 5.20.

Grupo Financiero Galicia (NASDAQ:GGAL) last released its earnings data on Tuesday, August 19th. The company reported $0.66 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.52 by $0.14. On average, analysts predict that Grupo Financiero Galicia will post $2.36 earnings per share 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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