Jun
18
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) stock has received a short term price target of $ 26.5 from 2 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $19.09. The higher estimate of target price is $40 , while the lower price target estimate is $13
Company has received rating and price target from many analysts . The shares has been rated as hold from 1 Wall Street Analysts. 2 analysts have suggested buy for the company. Underperform rating was given by 1 analyst.
Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) ended Wednesday session in red amid volatile trading. The shares closed down 1.29 points or 6.4% at $18.88 with 1,945,218 shares getting traded. Post opening the session at $20.04, the shares hit an intraday low of $18.34 and an intraday high of $20.04 and the price vacillated in this range throughout the day. The company has a market cap of $1,924 million and the number of outstanding shares has been calculated to be 101,904,000 shares. The 52-week high of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) is $26.13 and the 52-week low is $10.33.
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 Companys 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. On April 15, 2014, Banco de Galicia y Buenos Aires SA sold a 95% stake in Galicia Administradora de Fondos to Grupo Financiero Galicia.
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