Shares of Grupo Financiero Galicia S.A. (NASDAQ:GGAL - Get Free Report) have been given an average recommendation of "Buy" by the five analysts that are covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have covered the stock in the last year is $61.20.
GGAL has been the topic of several recent research reports. Itau BBA Securities assumed coverage on Grupo Financiero Galicia in a report on Tuesday, May 20th. They set an "outperform" rating and a $70.00 target price on the stock. Wall Street Zen cut Grupo Financiero Galicia from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd.
Get Our Latest Analysis on Grupo Financiero Galicia
Grupo Financiero Galicia Price Performance
Shares of Grupo Financiero Galicia stock traded down $0.57 on Wednesday, hitting $49.42. 372,918 shares of the company were exchanged, compared to its average volume of 1,155,626. The stock has a market capitalization of $7.29 billion, a price-to-earnings ratio of 7.27 and a beta of 1.64. The company has a 50-day moving average price of $56.36 and a 200 day moving average price of $59.40. Grupo Financiero Galicia has a 1-year low of $23.53 and a 1-year high of $74.00. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.23.
Grupo Financiero Galicia Cuts Dividend
The firm also recently disclosed a -- dividend, which was paid on Tuesday, June 10th. Investors of record on Tuesday, June 3rd were issued a $0.2631 dividend. The ex-dividend date of this dividend was Tuesday, June 3rd. Grupo Financiero Galicia's dividend payout ratio is presently 3.98%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC purchased a new stake in shares of Grupo Financiero Galicia in the 4th quarter valued at $34,000. Blume Capital Management Inc. purchased a new stake in shares of Grupo Financiero Galicia in the 1st quarter valued at $55,000. Advisors Preferred LLC raised its holdings in shares of Grupo Financiero Galicia by 272.2% in the 1st quarter. Advisors Preferred LLC now owns 1,098 shares of the bank's stock valued at $61,000 after buying an additional 803 shares during the period. Compass Group LLC purchased a new stake in shares of Grupo Financiero Galicia in the 4th quarter valued at $67,000. Finally, GeoWealth Management LLC purchased a new stake in shares of Grupo Financiero Galicia in the 4th quarter valued at $71,000.
Grupo Financiero Galicia Company Profile
(
Get Free ReportGrupo 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.
Recommended Stories

Before you consider Grupo Financiero Galicia, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Grupo Financiero Galicia wasn't on the list.
While Grupo Financiero Galicia currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.