Dec
29
Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL) have been assigned an average broker rating score of 2.25 (Buy) from the four brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong sell rating, one has issued a buy rating and two have issued a strong buy rating on the company.
Brokerages have set a 1-year consensus price objective of $37.00 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 166 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research raised Grupo Financiero Galicia from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research note on Wednesday, October 7th.
Grupo Financiero Galicia (NASDAQ:GGAL) traded up 0.73% during mid-day trading on Tuesday, hitting $26.32. 119,597 shares of the stock traded hands. Grupo Financiero Galicia has a 52-week low of $14.99 and a 52-week high of $29.25. The firm has a market cap of $3.42 billion and a P/E ratio of 11.20. The firm’s 50-day moving average is $25.46 and its 200 day moving average is $21.41.
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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