Jul
2
Grupo Financiero Galicia (NASDAQ:GGAL) has received an average broker rating score of 2.33 (Buy) from the three analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell recommendation and two have issued a strong buy recommendation on the company.
Analysts have set a twelve-month consensus target price of $40.00 for the company and are expecting that the company will post $0.69 EPS for the current quarter, according to Zacks. Zacks has also given Grupo Financiero Galicia an industry rank of 114 out of 265 based on the ratings given to related companies.
Shares of Grupo Financiero Galicia (NASDAQ:GGAL) opened at 18.28 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 $20.72 and its 200-day moving average is $20.19. The company has a market cap of $2.38 billion and a P/E ratio of 6.24.
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 S.A. (NASDAQ:GGAL) 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. On April 15, 2014, Banco de Galicia y Buenos Aires SA sold a 95% stake in Galicia Administradora de Fondos to Grupo Financiero Galicia.
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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