Jul
8
Shares of Grupo Financiero Galicia (NASDAQ:GGAL) have 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 research analyst has rated the stock with a strong sell recommendation and two have issued a strong buy recommendation on the company.
Brokerages have set a 12-month consensus price target of $40.00 for the company and are forecasting that the company will post $0.69 EPS for the current quarter, according to Zacks. Zacks has also assigned Grupo Financiero Galicia an industry rank of 149 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 19.45 on Thursday. Grupo Financiero Galicia has a 52-week low of $10.33 and a 52-week high of $26.13. The stock has a 50-day moving average of $20.40 and a 200-day moving average of $20.38. The company has a market cap of $2.53 billion and a P/E ratio of 6.64.
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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