Nov
1
Shares of Grupo Financiero Galicia (NASDAQ:GGAL) have been given a consensus broker rating score of 2.25 (Buy) from the four brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong sell recommendation, one has assigned a buy recommendation and two have issued a strong buy recommendation on the company.
Analysts have set a twelve-month consensus price objective of $40.00 for the company and are expecting 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 103 out of 265 based on the ratings given to related companies.
Several research analysts recently commented on GGAL shares. Zacks upgraded Grupo Financiero Galicia from a “hold” rating to a “strong-buy” rating and set a $23.00 target price for the company in a research report on Tuesday, July 14th. Raymond James raised shares of Grupo Financiero Galicia from a “market perform” rating to an “outperform” rating and set a $30.00 price target for the company in a research note on Monday, July 20th. Finally, Piper Jaffray raised shares of Grupo Financiero Galicia from a “market perform” rating to an “outperform” rating and set a $30.00 price objective for the company in a research note on Monday, July 20th.
Grupo Financiero Galicia (NASDAQ:GGAL) traded up 0.64% during midday trading on Tuesday, hitting $26.75. The stock had a trading volume of 845,659 shares. The stock’s 50-day moving average is $20.19 and its 200-day moving average is $20.43. Grupo Financiero Galicia has a 1-year low of $13.81 and a 1-year high of $27.98. The company has a market capitalization of $3.48 billion and a PE ratio of 8.90.
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 company. Banco Galicia is a bank that supplies, directly or through its subsidiaries, a range of services and fiscal products to large corporations, medium and small sized firms (SMEs), and people. Through the operating subsidiaries of Tarjetas Regionales S.A., a holding company wholly owned by the Bank, the Firm provides brand credit cards and consumer finance services throughout Argentina. Through Sudamericana Holding S.A. and its subsidiary companies (Sudamericana) it provides insurance products in Argentina. It provides financial services amongst private sector financial institutions in Argentina by way of a distribution program.document.write(‘‘);
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