Jun
7
Grupo Financiero Galicia (NASDAQ:GGAL) has earned a consensus broker rating score of 2.33 (Buy) from the three analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong sell rating and two have issued a strong buy rating on the company. Grupo Financiero Galicia’s rating score has declined by 39.5% in the last 90 days as a result of various analysts’ upgrades and downgrades.
Analysts have set a 1-year consensus target price of $26.50 for the company and are forecasting that the company will post $0.69 earnings per share for the current quarter, according to Zacks. Zacks has also given Grupo Financiero Galicia an industry rank of 74 out of 265 based on the ratings given to related companies.
Grupo Financiero Galicia (NASDAQ:GGAL) opened at 22.08 on Thursday. Grupo Financiero Galicia has a 52 week low of $10.33 and a 52 week high of $26.13. The stock’s 50-day moving average is $21. and its 200-day moving average is $19.. The company has a market cap of $2.87 billion and a P/E ratio of 7.46.
Grupo Financiero Galicia (NASDAQ:GGAL) last announced its earnings results on Tuesday, March 10th. The company reported $0.84 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.66 by $0.18. On average, analysts predict that Grupo Financiero Galicia will post $2.90 earnings per share for the current fiscal year.
Separately, analysts at Zacks downgraded shares of Grupo Financiero Galicia from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th.
Grupo Financiero Galicia SA (NASDAQ:GGAL) is a financial services holding company. Banco de Galicia y Buenos Aires SA (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.
To get a free copy of the research report on Grupo Financiero Galicia (GGAL), click here. For more information about research offerings from Zacks Investment Research, visit Zacks.com
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