Nov
19
Analysts on Wall Street have placed a short term price target of $40 on shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL). This is according to 1 analysts polled by Zacks Research. The brokerage firm with the most lofty expectation has a $40 target. One the other end, the analyst with the most conservative objective sees the stock heading to $40.
Taking a look at earnings, Wall Street sell-side analysts covering the firm are predicting that Grupo Financiero Galicia S.A. will report earnings of $0.64 per share for the current quarter. This is the Zack’s Research consensus number (which may slightly differ from Thomson Reuters First Call estimates). According to the most recent information available, it’s expected that the company will issue their next earnings report on or around 2016-03-01. Last quarter the firm posted earnings of $0.98 per share for the quarter which ended on 2015-09-30.
Zacks, which offers products catering to retail investors, offers an average broker rating (ABR) which simplifies often complicated brokerage recommendations. Reseach analysts on the sell-side, depending on the firm, use different terminology in their research reports. Zacks breaks this down into a simplified one to five scale where 1 represents a Strong Buy and 5 a Strong Sell. Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) currently have an ABR of 2.25, based on the analysts polled by Zacks.
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