Oct
8
Analysts covering shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) are anticipating that the stock will trade in the range of $40 to $40 within the next 12 months. The average, or consensus price target of the brokerages polled by Zacks Research, stands at $40.
Shares of Grupo Financiero Galicia S.A. opened the most recent trading session at $17.88, traded in the range of $17.88-$18.98 before closing at $18.93.
Wall Street analysts have a consensus EPS number of $0.73 for the current quarter. This is the Zacks estimate which might slightly differ from the First Call consensus, which is often used as the benchmark. Wall Street is anticipating that the firm will next report their quarterly results on or around 2015-11-04. For the last fiscal period, the firm posted earnings of $0.82 per share for the quarter which ended on 2015-06-30.
Unlike First Call data, Zacks caters to the retail investor and offers a simplified ratings scale in order to simplify brokerage firm recommendations. Research firms use various terminology for their Buy/Sell ratings and Zacks breaks those down into a simple consensus analyst rating based on a 1 to 5 scale. 1 represents a Strong Buy and 5 a Strong Sell. Grupo Financiero Galicia S.A. (NASDAQ:GGAL) currently has a consensus rating of 2.25 according to the analysts polled by Zacks. This is based on the 1 recommendations taken into consideration.
Looking a bit further ahead to full year projected estimates, sell-side analysts are predicting earnings of $N/A for the 12-month period ahead. The lowest estimate stands at $N/A while the most aggressive anticipates $N/A for the year.
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. 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. In November 2013, the Company announced the merger by incorporation of Lagarcue SA and Theseus SA into the Company with all their assets and liabilities.
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