Nov
3
Grupo Financiero Galicia (NASDAQ:GGAL) shares were down 3.4% during trading on Monday , Analyst Ratings Network.com reports. The company traded as low as $25.69 and last traded at $25.84, with a volume of 407,096 shares trading hands. The stock had previously closed at $26.75.
A number of research analysts recently commented on GGAL shares. Zacks cut Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a report on Friday, August 7th. Piper Jaffray upgraded 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. Finally, Raymond James raised 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 $3.37 billion and a PE ratio of 8.62. The stock’s 50-day moving average is $20.34 and its 200 day moving average is $20.42.
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 variety of financial products and services to large corporations, small and medium sized businesses (SMEs), and people. Through the operating subsidiaries of Tarjetas Regionales S.A., a holding company fully owned by the Bank, the Company supplies 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 provides financial services by way of a distribution program amongst private-sector financial institutions in Argentina.
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.
Open all references in tabs: [1 – 3]
Comments
Leave a Reply
You must be logged in to post a comment.