Nov
4
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 115 out of 265 based on the ratings given to related companies.
Grupo Financiero Galicia (NASDAQ:GGAL) traded down 0.35% during mid-day trading on Tuesday, reaching $25.84. 983,674 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $20.34 and a 200-day moving average price of $20.42. The stock has a market cap of $3.36 billion and a P/E ratio of 8.59. Grupo Financiero Galicia has a 52 week low of $13.81 and a 52 week high of $27.98.
A number of analysts recently commented on the company. Raymond James upgraded Grupo Financiero Galicia from a “market perform” rating to an “outperform” rating and set a $30.00 target price for the company in a research report on Monday, July 20th. Piper Jaffray upgraded Grupo Financiero Galicia from a “market perform” rating to an “outperform” rating and set a $30.00 price objective on the stock in a report on Monday, July 20th. Finally, Zacks cut Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a research note on Friday, August 7th.
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 Company’s largest subsidiary. Banco Galicia is a bank that supplies, directly or through its subsidiary companies, a selection of services and fiscal products to big corporations, small and medium sized firms (SMEs), and people. Through the operating subsidiaries of Tarjetas Regionales S.A., a holding company wholly owned by the Bank, the Business supplies brand credit cards and consumer finance services throughout Argentina. Through Sudamericana Holding S.A. and its subsidiary companies (Sudamericana) it supplies insurance products in Argentina. It provides financial services through a distribution program amongst private sector financial institutions.
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