Grupo Financiero Galicia (NASDAQ:GGAL) was upgraded by research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Monday.

Several other research firms also recently weighed in on GGAL. Zacks Investment Research upgraded shares of Grupo Financiero Galicia from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 14th. ValuEngine downgraded shares of Grupo Financiero Galicia from a “sell” rating to a “strong sell” rating in a research note on Monday, August 20th. TheStreet downgraded shares of Grupo Financiero Galicia from a “b-” rating to a “c+” rating in a research note on Friday, August 24th. Citigroup downgraded shares of Grupo Financiero Galicia from a “buy” rating to a “neutral” rating in a research note on Thursday, August 30th. Finally, Bank of America downgraded shares of Grupo Financiero Galicia from a “buy” rating to a “neutral” rating in a research note on Thursday, October 25th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $87.00.

Shares of GGAL stock opened at $26.86 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.20 and a current ratio of 1.20. Grupo Financiero Galicia has a 52 week low of $18.30 and a 52 week high of $73.45.

Grupo Financiero Galicia (NASDAQ:GGAL) last announced its quarterly earnings data on Friday, August 17th. The bank reported $0.85 EPS for the quarter, topping the consensus estimate of $0.84 by $0.01. The company had revenue of $483.52 million during the quarter, compared to the consensus estimate of $392.51 million. Equities analysts anticipate that Grupo Financiero Galicia will post 3.16 earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the stock. Victory Capital Management Inc. purchased a new position in Grupo Financiero Galicia during the third quarter valued at approximately $112,000. Tower Research Capital LLC TRC purchased a new position in Grupo Financiero Galicia during the second quarter valued at approximately $122,000. Exane Derivatives grew its stake in Grupo Financiero Galicia by 163.7% during the third quarter. Exane Derivatives now owns 5,686 shares of the bank’s stock valued at $146,000 after acquiring an additional 3,530 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in Grupo Financiero Galicia by 71.1% during the third quarter. Tower Research Capital LLC TRC now owns 6,368 shares of the bank’s stock valued at $162,000 after acquiring an additional 2,646 shares in the last quarter. Finally, Pinebridge Investments L.P. purchased a new position in Grupo Financiero Galicia during the second quarter valued at approximately $234,000. 28.16% of the stock is owned by institutional investors.

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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