Oct
8
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has received a buy rating for the short term, according to the latest rank of 2 from research firm, Zacks. The company received an average rating of 2.25 from 4 analysts. 1 analyst have rated it as strong sell. 2 have rated it as a strong buy. 1 analysts recommended buying the shares.
Grupo Financiero Galicia S.A. has dropped 2.27% during the last 3-month period . Year-to-Date the stock performance stands at 19.61%. Shares of Grupo Financiero Galicia S.A. appreciated by 6.23% during the last five trading days but lost 6.56% on a 4-week basis.
Several financial 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) : On Wednesday heightened volatility was witnessed in Grupo Financiero Galicia S.A. (NASDAQ:GGAL) which led to swings in the share price. The shares opened for trading at $17.88 and hit $18.98 on the upside , eventually ending the session at $18.93, with a gain of 6.23% or 1.11 points. The heightened volatility saw the trading volume jump to 317,123 shares. The 52-week high of the share price is $26.13 and the company has a market cap of $1,929 million. The 52-week low of the share price is at $10.33 .
The company shares have rallied 53.72% from its 1 Year high price. On Mar 20, 2015, the shares registered one year high at $26.13 and the one year low was seen on Oct 15, 2014. The 50-Day Moving Average price is $18.91 and the 200 Day Moving Average price is recorded at $20.65.
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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