Nov
20
Shares of Grupo Financiero Galicia (NASDAQ:GGAL) have earned a consensus broker rating score of 2.25 (Buy) from the four analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell rating, one has assigned a buy rating and two have assigned a strong buy rating to the company.
Brokers have set a one year consensus price objective of $40.00 for the company and are anticipating that the company will post $0.64 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Grupo Financiero Galicia an industry rank of 95 out of 265 based on the ratings given to related companies.
Grupo Financiero Galicia (NASDAQ:GGAL) opened at 27.26 on Tuesday. The stock has a 50 day moving average price of $23.11 and a 200-day moving average price of $20.80. Grupo Financiero Galicia has a 12-month low of $13.81 and a 12-month high of $27.98. The company has a market capitalization of $3.54 billion and a price-to-earnings ratio of 8.60.
Separately, Zacks Investment Research upgraded shares of Grupo Financiero Galicia from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Wednesday, October 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 company. Banco Galicia is a bank that supplies, directly or through its subsidiary companies, a variety of financial services and products to big corporations, small and medium sized companies (SMEs), and individuals. Through the operating subsidiaries of Tarjetas Regionales S.A., a holding company entirely 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 supplies insurance products in Argentina. It provides financial services by way of a distribution program amongst private-sector financial institutions in Argentina.
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