Dec
12
Shares of Grupo Financiero Galicia S.A. (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 issued a buy recommendation and two have issued a strong buy recommendation on the company.
Analysts have set a 1 year consensus price target of $40.00 for the company and are anticipating 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 136 out of 265 based on the ratings given to its competitors.
Grupo Financiero Galicia (NASDAQ:GGAL) opened at 24.81 on Wednesday. The company’s 50-day moving average is $25.48 and its 200-day moving average is $21.14. The firm has a market capitalization of $3.23 billion and a P/E ratio of 7.87. Grupo Financiero Galicia has a 52-week low of $13.81 and a 52-week high of $29.25.
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 on the stock in a report 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. 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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