Grupo Financiero Galicia (NASDAQ:GGAL) was downgraded by stock analysts at HSBC from a “buy” rating to a “hold” rating in a note issued to investors on Thursday, MarketBeat reports.
Other equities research analysts also recently issued research reports about the company. BidaskClub upgraded Grupo Financiero Galicia from a “hold” rating to a “buy” rating in a report on Thursday, December 7th. ValuEngine downgraded Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Santander downgraded Grupo Financiero Galicia from a “hold” rating to an “underperform” rating in a report on Friday, September 8th. Citigroup raised Grupo Financiero Galicia from a “sell” rating to a “neutral” rating in a research report on Friday, September 8th. Finally, UBS raised Grupo Financiero Galicia from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 4th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. Grupo Financiero Galicia presently has an average rating of “Hold”.
Grupo Financiero Galicia (NASDAQ GGAL) traded down $0.10 during midday trading on Thursday, hitting $65.98. The stock had a trading volume of 509,600 shares, compared to its average volume of 458,115. The company has a market capitalization of $8,592.18, a P/E ratio of 21.11 and a beta of 1.14. Grupo Financiero Galicia has a 52-week low of $23.50 and a 52-week high of $67.20.
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).