Grupo Financiero Galicia ADR (GGAL) shares projected to rise by -17.75%

Grupo Financiero Galicia ADR [GGAL] stock is trading at $54.71, down -0.58%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GGAL shares have lost -0.09% over the last week, with a monthly amount glided 12.02%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Grupo Financiero Galicia ADR [NASDAQ: GGAL] stock has seen the most recent analyst activity on August 30, 2024, when JP Morgan upgraded its rating to a Overweight but kept the price target unchanged to $54 for it. Previously, BofA Securities upgraded its rating to Buy on August 08, 2024, and elevated its price target to $36. On January 31, 2022, downgrade downgraded it’s rating to Underweight and revised its price target to $8 on the stock. HSBC Securities downgraded its rating to a Reduce. Citigroup downgraded its rating to a Sell. Scotiabank upgraded its rating to Sector Perform for this stock on January 17, 2020. In a note dated October 29, 2019, Credit Suisse downgraded an Underperform rating on this stock.

Grupo Financiero Galicia ADR [GGAL] stock has fluctuated between $10.84 and $57.24 over the past year. Currently, Wall Street analysts expect the stock to reach $45 within the next 12 months. Grupo Financiero Galicia ADR [NASDAQ: GGAL] shares were valued at $54.71 at the most recent close of the market. An investor can expect a potential drop of -17.75% based on the average GGAL price forecast.

Analyzing the GGAL fundamentals

Grupo Financiero Galicia ADR [NASDAQ:GGAL] reported sales of 15.84B for the trailing twelve months, which represents a drop of -41.45%. Gross Profit Margin for this corporation currently stands at 1.09% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.29 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 54.12 points at the first support level, and at 53.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.54, and for the 2nd resistance point, it is at 56.36.

Ratios To Look Out For

For context, Grupo Financiero Galicia ADR’s Current Ratio is 6.07. Considering the valuation of this stock, the price to sales ratio is 0.41, the price to book ratio is 1.76 and price to earnings (TTM) ratio is 6.01.

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