Aug
25
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has received a hold rating for the short term, according to the latest rank of 3 from research firm, Zacks. The shares could manage an average rating of 2.25 from 4 analysts. 1 analysts rated it as strong sell. 2 market experts have marked it as a strong buy. 1 analysts recommended buying the shares.
Grupo Financiero Galicia S.A. has lost 17.73% in the last five trading days and dropped 6.57% in the last 4 weeks. Grupo Financiero Galicia S.A. has dropped 17.88% during the last 3-month period . Year-to-Date the stock performance stands at 9.69%.
Many analysts have commented on the company rating. Piper Jaffray upgrades their rating on the shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL). The current rating of the shares is Outperform. Earlier, the shares were rated a Market Perform by the brokerage firm. Equity Analysts at the Firm announces the price target to $30 per share. The rating by the firm was issued on July 20, 2015.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) witnessed a decline in the market cap on Monday as its shares dropped 4.88% or 0.89 points. After the session commenced at $17.17, the stock reached the higher end at $18.28 while it hit a low of $15.3. With the volume soaring to 626,458 shares, the last trade was called at $17.36. The company has a 52-week high of $26.13. The company has a market cap of $1,769 million and there are 101,904,000 shares in outstanding. The 52-week low of the share price is $10.33.
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.
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