Jul
20
Grupo Financiero Galicia (NASDAQ:GGAL) Change of Rating
Raymond James has upgraded Grupo Financiero Galicia (NASDAQ:GGAL) stock to Outperform in analysts note revealed to investors and clients on Monday morning. GGAL’s old rating was Mkt Perform.
In spite of the rating upgrade NASDAQ:GGAL is right now trading -5.03% lower at $20.21 as of 11:40 New York time. Grupo Financiero Galicia shares have increased 50.35% over the last 200 days, while the SP 500 Index has risen 7.83% for the same time period.
Out of 3 brokers covering Grupo Financiero Galicia, 0 rate it a Buy, 0 indicate a Hold while 0 suggest a Sell. The highest target is $40 and the lowest is $20 according to Thomson/First Call. The 12-month mean target is $28.67, which means upside potential of 41.86% over the current price.
NASDAQ:GGAL Price Chart Trend
The stock price of Grupo Financiero Galicia has gained 50.35% over the last 200 days, and is in reinforcing up trend. In the last 50 and 100 days, Grupo Financiero Galicia is up 1.79% and down 1.77%, respectively. Our stocks momentum model is shown on the price chart below.
Source: RightEdge Systems, Yahoo Split Dividend Adjusted Data and OctaFinance Trading Models
Grupo Financiero Galicia (NASDAQ:GGAL) Profile
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 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.
Grupo Financiero Galicia (NASDAQ:GGAL) traded down -5.03% on 20 July, hitting $20.21. A total of 88,400 shares of the company’s stock traded hands. This is down from average of 411,221 shares. Grupo Financiero Galicia has a 52 week low of $10.33 and a 52 week high of $26.13. The company has a market cap of $3.00B and a P/E ratio of 6.92.
Get the latest Grupo Financiero Galicia (NASDAQ:GGAL) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.
Open all references in tabs: [1 – 5]
Comments
Leave a Reply
You must be logged in to post a comment.