Analyst Revises Grupo Financiero Galicia S.A. (NASDAQ:GGAL) Stock Target


Grupo Financiero Galicia S.A. (NASDAQ:GGAL) mean price target has been set at $33.870 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.730 in the near-term quarter and $2.890 for the ongoing fiscal. The market cap of Grupo Financiero Galicia S.A. was recorded at $4.12B after the stock closed at $31.665 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Grupo Financiero Galicia S.A. (NASDAQ:GGAL) has a P/E ratio of 11.967. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Grupo Financiero Galicia S.A. (NASDAQ:GGAL) PEG ratio sits at 0.460. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Grupo Financiero Galicia S.A. visibly illustrates that the 50-day MA of Grupo Financiero Galicia S.A. is $28.562, and stock is trading 3.103 or +10.864% distant from $28.562. The 200-day MA is $27.615, and this price is $4.050 or +14.667% off from current level. Grupo Financiero Galicia S.A. (NASDAQ:GGAL) 52-week high is $31.700 and the 52-week low is $15.300. This represents that if the stock moves $-0.035 points up on the chart to make a 52-week high. But, if it declines $+106.961%, then the shares price can hit a new 52-week low.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 3 times, 1 visits today)