Share on StockTwits

Shares of Grupo Financiero Galicia (NASDAQ:GGAL) reached a new 52-week high during trading on Thursday , American Banking & Market News reports. The company traded as high as $14.90 and last traded at $14.68, with a volume of 674,474 shares. The stock had previously closed at $14.18.

A number of analysts have recently weighed in on GGAL shares. Analysts at Zacks downgraded shares of Grupo Financiero Galicia from an “outperform” rating to a “neutral” rating in a research note on Tuesday, May 20th. They now have a $14.90 price target on the stock. Separately, analysts at RBC Capital upgraded shares of Grupo Financiero Galicia to a “sector perform” rating in a research note on Thursday, May 1st.

The stock’s 50-day moving average is $13.19 and its 200-day moving average is $11.17. The company has a market cap of $1.922 billion and a price-to-earnings ratio of 6.20.

Grupo Financiero Galicia (NASDAQ:GGAL) last released its earnings data on Tuesday, May 20th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.21. On average, analysts predict that Grupo Financiero Galicia will post $2.15 earnings per share for the current fiscal year.

Grupo Financiero Galicia SA (NASDAQ:GGAL) is a financial services holding company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.