Dec
30
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has been assigned an average broker rating score of 2.25 (Buy) from the four brokers 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 assigned a strong buy recommendation to the company.
Brokers have set a 1-year consensus price target of $37.00 for the company and are predicting that the company will post $0.67 EPS for the current quarter, according to Zacks. Zacks has also assigned Grupo Financiero Galicia an industry rank of 169 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 for the company in a report on Wednesday, October 7th.
Shares of Grupo Financiero Galicia (NASDAQ:GGAL) opened at 27.08 on Tuesday. The firm has a 50-day moving average of $25.54 and a 200 day moving average of $21.53. The firm has a market capitalization of $3.52 billion and a price-to-earnings ratio of 11.47. Grupo Financiero Galicia has a 52-week low of $14.99 and a 52-week high of $29.25.
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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