• Resources

  • All Wikis

• News

  • CH (2,604)
  • CZ (99)
  • DE (557)
  • EN (4,235)
  • ES (65)
  • FR (106)
  • HU (7)
  • IL (687)
  • IT (1,810)
  • NO (101)
  • PL (289)
  • PT (9)
  • RU (5,118)
  • SE (6)
  • TR (20)
  • UA (2,615)

Shares of Grupo Financiero Galicia (NASDAQ:GGAL) were up 2.5% during trading on Friday , AnalystRatings.NET reports. The company traded as high as $18.30 and last traded at $17.98, with a volume of 301,337 shares traded. The stock had previously closed at $17.55.

A number of analysts have recently commented on GGAL shares. Zacks raised shares of Grupo Financiero Galicia from a “hold” rating to a “strong-buy” rating and set a $23.00 price target on the stock in a research report on Tuesday, July 14th. Raymond James upgraded shares of Grupo Financiero Galicia from a “market perform” rating to an “outperform” rating and set a $30.00 price objective on the stock in a report 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 price target on the stock in a research note on Monday, July 20th.

The firm has a market cap of $2.34 billion and a price-to-earnings ratio of 5.91. The company’s 50-day moving average is $19.52 and its 200-day moving average is $20.99.

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.

Receive News Ratings for Grupo Financiero Galicia Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Grupo Financiero Galicia and related companies with MarketBeat.com’s FREE daily email newsletter.

Comments