Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $70.30 and last traded at $68.50, with a volume of 146027 shares. The stock had previously closed at $67.76.
Wall Street Analyst Weigh In
GGAL has been the topic of a number of analyst reports. Citigroup upgraded shares of Grupo Financiero Galicia from a "neutral" rating to a "buy" rating and set a $54.00 price objective on the stock in a research note on Wednesday, September 4th. StockNews.com downgraded Grupo Financiero Galicia from a "buy" rating to a "hold" rating in a research note on Thursday, November 14th. Morgan Stanley upgraded Grupo Financiero Galicia from an "underweight" rating to an "overweight" rating and set a $92.00 price target on the stock in a research note on Monday. Finally, JPMorgan Chase & Co. upgraded Grupo Financiero Galicia from an "underweight" rating to an "overweight" rating and set a $54.00 price objective for the company in a research note on Friday, August 30th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $59.00.
View Our Latest Stock Report on GGAL
Grupo Financiero Galicia Trading Up 1.4 %
The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.10. The business's 50-day moving average is $54.52 and its two-hundred day moving average is $41.78. The firm has a market cap of $10.13 billion, a P/E ratio of 9.47 and a beta of 1.87.
Hedge Funds Weigh In On Grupo Financiero Galicia
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Blue Trust Inc. acquired a new position in shares of Grupo Financiero Galicia during the 2nd quarter valued at $40,000. Ashton Thomas Private Wealth LLC bought a new position in Grupo Financiero Galicia during the second quarter valued at about $51,000. Banco Santander S.A. acquired a new position in Grupo Financiero Galicia during the second quarter worth about $211,000. NorthRock Partners LLC acquired a new position in Grupo Financiero Galicia during the third quarter worth about $253,000. Finally, XTX Topco Ltd bought a new stake in Grupo Financiero Galicia in the third quarter worth about $266,000.
About Grupo Financiero Galicia
(
Get Free Report)
Grupo Financiero Galicia SA, a financial service holding company, provides various financial products and services to individuals and companies in Argentina. The company operates through Banks, NaranjaX, Insurance, and Other Businesses segments. It also offers personal loans; express and mortgage loans; pledge and credit card loans; credit and debit cards; and online banking services, as well as savings, deposits, and checking accounts related services.
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