Nov
22
There are 1 sell-side research firms that have issued a stock rating on Grupo Financiero Galicia S.A. (NASDAQ:GGAL) within the past year. The consensus, or mean target price of the Wall Street analysts covering the firm is $40.
Analysts are predicting that Grupo Financiero Galicia S.A. (NASDAQ:GGAL) will report $0.67 earnings per share when they next issue their quarterly earnings release on or around 2016-03-01. The consensus mean estimate is the calculated mean of all brokerage sell-side analysts that issue earnings estimates for the company. In the most recent quarter the company reported earnings of $0.98 that ended on 2015-09-30.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has a 2.25 consensus analyst rating on the stock based on an arithmetical average of the 1 ratings given by the brokerage analysts covering the company. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. The highest estimate of the 1 covering analysts sees the stock climbing to $40 within the next year while the lowest estimate places the 12-month target price at $40.
Looking ahead to full year estimates, analysts have placed the consensus earnings per share estimate for the current year at $N/A. The most bullish analyst sees the company reporting earnings per share of $N/A while the most bearish analyst is predicting a current year EPS number of $N/A.
Grupo Financiero Galicia S.A. (Grupo Financiero Galicia) 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 provides, directly or through its subsidiaries, a range of financial products and services to large corporations, small and medium sized companies (SMEs), and individuals. Through the operating subsidiaries of Tarjetas Regionales S.A., a holding company wholly owned by the Bank, the Company provides brand credit cards and consumer finance services throughout Argentina. Through Sudamericana Holding S.A. and its subsidiaries (Sudamericana) it provides insurance products in Argentina. It provides financial services through a distribution platform amongst private-sector financial institutions in Argentina. In November 2013, the Company announced the merger by incorporation of Lagarcue SA and Theseus SA into the Company with all their assets and liabilities.
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