BidaskClub upgraded shares of Grupo Financiero Galicia (NASDAQ:GGAL) from a strong sell rating to a sell rating in a research report released on Monday morning.
A number of other brokerages have also recently commented on GGAL. ValuEngine raised Grupo Financiero Galicia from a strong sell rating to a sell rating in a research note on Thursday, November 1st. Bank of America cut Grupo Financiero Galicia from a buy rating to a neutral rating in a research note on Thursday, October 25th. Zacks Investment Research cut Grupo Financiero Galicia from a hold rating to a strong sell rating in a research note on Wednesday, September 5th. Citigroup cut Grupo Financiero Galicia from a buy rating to a neutral rating in a research note on Thursday, August 30th. Finally, TheStreet cut Grupo Financiero Galicia from a b- rating to a c+ rating in a research note on Friday, August 24th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $87.00.
Shares of NASDAQ:GGAL opened at $26.04 on Monday. Grupo Financiero Galicia has a 1-year low of $18.30 and a 1-year high of $73.45. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.46.
Grupo Financiero Galicia Company Profile
Grupo Financiero Galicia SA, a financial services holding company, provides various financial products and services in Argentina. The company operates through Banking, Regional Credit Cards, Insurance, and Other Grupo Galicia Businesses segments. It offers corporate banking services to companies; credit and debit cards, loans, and financing advice to various agricultural-sector clients; foreign trade transaction services; and e-banking services.
Further Reading: Reverse Stock Split
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