Oct
30
Grupo Financiero Galicia (NASDAQ:GGAL) has earned a consensus broker rating score of 2.25 (Buy) from the four brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong sell recommendation, one has given a buy recommendation and two have given a strong buy recommendation to the company.
Analysts have set a 12-month consensus price target of $40.00 for the company and are predicting that the company will post $0.73 EPS for the current quarter, according to Zacks. Zacks has also assigned Grupo Financiero Galicia an industry rank of 106 out of 265 based on the ratings given to its competitors.
A number of brokerages recently weighed in on GGAL. Zacks raised shares of Grupo Financiero Galicia from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Wednesday, October 7th. Raymond James raised 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. Finally, Piper Jaffray upgraded shares of Grupo Financiero Galicia from a “market perform” rating to an “outperform” rating and set a $30.00 target price on the stock in a report on Monday, July 20th.
Shares of Grupo Financiero Galicia (NASDAQ:GGAL) opened at 26.58 on Tuesday. The stock’s 50 day moving average is $20.02 and its 200 day moving average is $20.40. The stock has a market cap of $3.46 billion and a PE ratio of 8.83. Grupo Financiero Galicia has a 52-week low of $13.81 and a 52-week high of $27.98.
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 Firm’s largest subsidiary. Banco Galicia is a bank that provides, directly or through its subsidiary companies, a selection of services and financial products to big corporations, small and medium sized companies (SMEs), and people. 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 supplies insurance products in Argentina. It supplies financial services by way of a distribution platform amongst private-sector financial institutions.document.write(‘‘);
To get a free copy of the research report on Grupo Financiero Galicia (GGAL), click here. For more information about research offerings from Zacks Investment Research, visit Zacks.com
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