Aug
11
As many as 4 brokerage firms have rated Grupo Financiero Galicia S.A. (NASDAQ:GGAL) at 2.25. Research Analysts at Zacks have ranked the company at 3, suggesting the traders with a rating of hold for the short term. 1 analysts have rated it as strong sell. 1 analysts suggested buying the shares. 2 analysts rated the company as a strong buy.
Many analysts have commented on the company rating. Piper Jaffray upgrades its view on Grupo Financiero Galicia S.A. (NASDAQ:GGAL) according to the research report released by the firm to its investors. The shares have now been rated Outperform by the stock experts at the ratings house. Earlier, the shares had a rating of Market Perform. Piper Jaffray announces the current price target of $30 per share on Grupo Financiero Galicia S.A.. The rating by the firm was issued on July 20, 2015.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) rose 4.56% or 0.96 points on Monday and made its way into the gainers of the day. After trading began at $21.58 the stock was seen hitting $22.22 as a peak level and $20.56 as the lowest level. The stock ended up at $22.03. The daily volume was measured at 1,013,810 shares. The 52-week high of the share price is $26.13 and the 52-week low is $10.33. The company has a market cap of $2,245 million.
Institutional Investors own 22.4% of Company shares. During last 3 month period, 0.02% of total institutional ownership has changed in the company shares.
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 Companys 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.
Comments
Leave a Reply
You must be logged in to post a comment.