News stories about Grupo Financiero Galicia (NASDAQ:GGAL) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Grupo Financiero Galicia earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 45.2907359601409 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of equities research analysts recently issued reports on GGAL shares. HSBC downgraded Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a research report on Thursday, December 21st. ValuEngine downgraded Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th. Bank of America began coverage on Grupo Financiero Galicia in a research report on Tuesday, January 23rd. They set a “buy” rating and a $100.00 price target on the stock. Zacks Investment Research downgraded Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a research report on Saturday, January 20th. Finally, Citigroup upgraded Grupo Financiero Galicia from a “neutral” rating to a “buy” rating in a research report on Monday, November 27th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $87.00.
Grupo Financiero Galicia (NASDAQ GGAL) traded down $1.34 during midday trading on Friday, hitting $58.95. The company had a trading volume of 706,548 shares, compared to its average volume of 415,024. The company has a market capitalization of $7,665.09, a PE ratio of 18.83 and a beta of 1.19. Grupo Financiero Galicia has a 12 month low of $31.13 and a 12 month high of $73.45.
Grupo Financiero Galicia (NASDAQ:GGAL) last posted its earnings results on Wednesday, November 29th. The bank reported $0.99 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.91 by $0.08. The business had revenue of $654.76 million during the quarter. research analysts predict that Grupo Financiero Galicia will post 3.47 EPS for the current fiscal year.
ILLEGAL ACTIVITY NOTICE: “Grupo Financiero Galicia (GGAL) Given Daily Coverage Optimism Rating of 0.10” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://ledgergazette.com/2018/02/11/somewhat-favorable-press-coverage-somewhat-unlikely-to-affect-grupo-financiero-galicia-ggal-share-price.html.
Grupo Financiero Galicia Company Profile
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.