Jul
5
Grupo Financiero Galicia (NASDAQ:GGAL) has been given a consensus broker rating score of 2.33 (Buy) from the three analysts that cover 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.
Brokers have set a 12-month consensus target price of $40.00 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 assigned Grupo Financiero Galicia an industry rank of 89 out of 265 based on the ratings given to related companies.
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 (NASDAQ:GGAL) opened at 18.70 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 $20.62 and its 200-day moving average is $20.18. The company has a market cap of $2.43 billion and a P/E ratio of 6.38.
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.
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