Several other analysts have also recently issued reports on the company. BidaskClub cut Grupo Financiero Galicia from a hold rating to a sell rating in a report on Wednesday, March 18th. Itau BBA Securities reaffirmed an underperform rating on shares of Grupo Financiero Galicia in a report on Monday, December 9th. Finally, Zacks Investment Research raised Grupo Financiero Galicia from a hold rating to a buy rating and set a $7.50 price objective on the stock in a report on Monday, March 30th. Five analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. The company presently has an average rating of Hold and an average target price of $19.13.
GGAL stock traded down $0.33 during midday trading on Thursday, hitting $7.01. The company’s stock had a trading volume of 1,113,776 shares, compared to its average volume of 1,106,852. Grupo Financiero Galicia has a 12 month low of $5.85 and a 12 month high of $39.22. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 1.17 and a beta of 1.72. The company has a 50 day moving average of $10.71 and a two-hundred day moving average of $12.95.
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.
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