Wall Street analysts expect Grupo Financiero Galicia S.A. (NASDAQ:GGAL) to report earnings per share of $0.78 for the current fiscal quarter. This number is based on the average estimate of the sell-side research firms that cover the stock. Grupo Financiero Galicia S.A. (NASDAQ:GGAL) most recently reported earnings per share of $0.84 on 2015–0-3-03 for the quarter ended 2014-12-31. This number was 0.18 away from what analysts had expected, a difference of 27.27%.

As a whole, brokerage analysts have a consensus price target of $26.5 on the stock. This is the mean one year estimate based on the 2 polled research firms covering the equity. The most recent price target update that went into the average was added on 2015-03-25.

The average broker recommendation is an arithmetical average of the individual ratings contributed by sell-side analysts to produce a Consensus Analyst Rating for each stock. Ratings are scaled on a 1 to 5 scale where 5 represents a Strong Sell and 1 represents a Strong Buy. Grupo Financiero Galicia S.A. (NASDAQ:GGAL) currently has a rating of 2.33 based on 2 research broker recommendations. Of this group, the analyst that sees the biggest upside to the current stock price sees it reaching $40 within the year. The most conservative analyst has the price target set at $13 for the one year target.

Looking further ahead at the long term growth estimates for the firm, analysts are anticipating earnings per share of $N/A for the current year. The most bullish analyst estimates earnings per share of $N/A, while the most bearish is estimating EPS of $N/A for the year.

About Grupo Financiero Galicia S.A. (NASDAQ:GGAL)

Grupo Financiero Galicia S.A. (Grupo Financiero Galicia) is a financial services holding company. Banco de Galicia y Buenos Aires S.A. (Banco Galicia) is the Company’s largest subsidiary. Banco Galicia is a bank that provides, directly or through its subsidiaries, a range of financial products and services to large corporations, small and medium sized companies (SMEs), and individuals. Through the operating subsidiaries of Tarjetas Regionales S.A., a holding company wholly owned by the Bank, the Company provides brand credit cards and consumer finance services throughout Argentina. Through Sudamericana Holding S.A. and its subsidiaries (Sudamericana) it provides insurance products in Argentina. It provides financial services through a distribution platform amongst private-sector financial institutions in Argentina. In November 2013, the Company announced the merger by incorporation of Lagarcue SA and Theseus SA into the Company with all their assets and liabilities.

Comments

Leave a Reply

You must be logged in to post a comment.