Grupo Financiero Galicia (GGAL) Trading 5% Higher
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) shares traded up 5% during mid-day trading on Monday . The company traded as high as $67.60 and last traded at $66.81. 594,127 shares were traded during trading, an increase of 42% from the average session volume of 418,796 shares. The stock had previously closed at $63.62.
A number of research analysts have issued reports on the company. Zacks Investment Research lowered Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a research report on Saturday, January 20th. BidaskClub upgraded Grupo Financiero Galicia from a “buy” rating to a “strong-buy” rating in a report on Tuesday, January 16th. Bank of America initiated coverage on Grupo Financiero Galicia in a report on Tuesday, January 23rd. They issued a “buy” rating and a $100.00 price objective for the company. ValuEngine upgraded Grupo Financiero Galicia from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Finally, HSBC lowered Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a report on Thursday, December 21st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the stock. Grupo Financiero Galicia presently has an average rating of “Buy” and an average target price of $87.00.
The company has a market capitalization of $8,687.10, a PE ratio of 21.35 and a beta of 1.29.
WARNING: This news story was posted by Daily Political and is the property of of Daily Political. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at https://www.dailypolitical.com/2018/03/14/grupo-financiero-galicia-ggal-trading-5-higher.html.
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).
Receive News & Ratings for Grupo Financiero Galicia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Financiero Galicia and related companies with MarketBeat.com's FREE daily email newsletter.