Jun
3
Research firm Zacks has rated Grupo Financiero Galicia S.A. (NASDAQ:GGAL) and has ranked it at 3, indicating that for the short term the shares are a hold. 3 Wall Street analysts have given the company an average rating of 2.33. 1 brokerage houses have given a strong sell on the shares. Strong buy was given by 2 Wall Street Analysts.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL): 2 Analyst have given the stock of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) a near short term price target of $26.5. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $19.09. The higher price target estimate is at $40 while the lower price estimates are fixed at $13.
The company shares have rallied 47.93% from its one year high price. On March 20, 2015 The shares registered one year high of $26.13 and one year low was seen on October 15, 2014 at $10.33 The 50-day moving average is $22.03 and the 200 day moving avarge is recorded at $19.41. SP 500 has rallied 9.48% during the last 52-weeks.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) : On Tuesday heightened volatility was witnessed in Grupo Financiero Galicia S.A. (NASDAQ:GGAL) which led to swings in the share price. The shares opened for trading at $20.36 and hit $22.14 on the upside , eventually ending the session at $22.06, with a gain of 8.4% or 1.71 points. The heightened volatility saw the trading volume jump to 566,038 shares. The 52-week high of the share price is $26.13 and the company has a market cap of $2,248 million. The 52-week low of the share price is at $10.33 .
Posted by Erik Bernstein
For any feedback, suggestions and tips, contact author at Erik.Bernstein@thedailyrover.com
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