Dec
9
Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) have earned a consensus broker rating score of 2.25 (Buy) from the four analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong sell recommendation, one has given a buy recommendation and two have given a strong buy recommendation to the company.
Analysts have set a 1-year consensus price target of $40.00 for the company and are forecasting that the company will post $0.67 EPS for the current quarter, according to Zacks. Zacks has also given Grupo Financiero Galicia an industry rank of 145 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded shares of Grupo Financiero Galicia from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Wednesday, October 7th.
Shares of Grupo Financiero Galicia (NASDAQ:GGAL) traded up 3.62% during trading on Wednesday, hitting $25.22. 237,973 shares of the stock were exchanged. Grupo Financiero Galicia has a one year low of $13.81 and a one year high of $29.25. The company has a market cap of $3.28 billion and a price-to-earnings ratio of 8.05. The stock’s 50 day moving average price is $25.12 and its 200-day moving average price is $21.06.
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 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.
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