Aug
2
Grupo Financiero Galicia (NASDAQ:GGAL) has been given a consensus broker rating score of 2.25 (Buy) from the four analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong sell rating, one has given a buy rating and two have given a strong buy rating to the company. Grupo Financiero Galicia’s rating score has improved by 3.4% from 90 days ago as a result of various analysts’ upgrades and downgrades.
Analysts have set a 1-year consensus price target of $40.00 for the company and are expecting that the company will post $0.70 EPS for the current quarter, according to Zacks. Zacks has also assigned Grupo Financiero Galicia an industry rank of 194 out of 265 based on the ratings given to related companies.
Shares of Grupo Financiero Galicia (NASDAQ:GGAL) opened at 18.79 on Thursday. The company has a market cap of $2.44 billion and a P/E ratio of 6.47. The stock’s 50 day moving average is $19.50 and its 200-day moving average is $20.75. Grupo Financiero Galicia has a one year low of $10.33 and a one year high of $26.13.
A number of analysts recently issued reports on the stock. Zacks upgraded shares of Grupo Financiero Galicia from a “hold” rating to a “strong-buy” rating and set a $23.00 target price for the company in a research note on Tuesday, July 14th. Raymond James raised shares of Grupo Financiero Galicia from a “market perform” rating to an “outperform” rating and set a $30.00 price objective for the company in a research note on Monday, July 20th. Finally, Piper Jaffray upgraded shares of Grupo Financiero Galicia from a “market perform” rating to an “outperform” rating and set a $30.00 target price for the company in a research report on Monday, July 20th.
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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