Somewhat Favorable Media Coverage Extremely Likely to Impact Grupo Financiero Galicia (GGAL) Stock Price

News stories about Grupo Financiero Galicia (NASDAQ:GGAL) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Grupo Financiero Galicia earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 100 out of 100, meaning that recent press coverage is extremely likely to have an effect on the company’s share price in the next few days.

GGAL has been the topic of a number of recent research reports. BidaskClub lowered Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a research note on Friday, June 16th. Zacks Investment Research raised Grupo Financiero Galicia from a “hold” rating to a “strong-buy” rating and set a $54.00 price target on the stock in a research note on Tuesday, June 6th. Finally, Citigroup Inc. lowered Grupo Financiero Galicia from a “neutral” rating to a “sell” rating in a research note on Wednesday, June 7th.

Grupo Financiero Galicia (NASDAQ:GGAL) opened at 41.57 on Monday. The firm has a market cap of $5.41 billion, a price-to-earnings ratio of 14.22 and a beta of 1.35. Grupo Financiero Galicia has a 52 week low of $23.23 and a 52 week high of $47.34. The stock has a 50 day moving average price of $43.02 and a 200 day moving average price of $36.36.

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About Grupo Financiero Galicia

Grupo Financiero Galicia SA (Grupo Financiero Galicia) is a financial services holding company. The Company’s segments include Banking, Regional Credit Cards, CFA, Insurance and Other Grupo Galicia Businesses. Banco de Galicia y Buenos Aires SA (Banco Galicia) is a subsidiary of the Company. Its banking business segment represents Banco Galicia consolidated line by line with Banco Galicia Uruguay SA (Galicia Uruguay).

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