Grupo Financiero Galicia SA (GGAL) Downgraded to “Underperform” at Santander

Therefore 60% are positive. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. Canaccord Genuity maintained it with “Buy” rating and $80 target in Wednesday, May 11 report. The firm has “Buy” rating given on Tuesday, May 30 by Jefferies. Jefferies maintained the shares of PX in report on Wednesday, June 21 with “Buy” rating. On Wednesday, August 9 the stock rating was maintained by Oppenheimer with “Buy”. The firm earned “Buy” rating on Friday, July 31 by Dougherty & Company. The firm earned “Market Perform” rating on Thursday, November 12 by Telsey Advisory Group. Seaport Global Securities upgraded Praxair, Inc. FBR Capital maintained Dycom Industries, Inc. (NYSE:PX) on Friday, September 1 with “Hold” rating.

The chart of Grupo Financiero Galicia S.A. (ADR) (GGAL) shows a double top with $49.53 target or 7.00 % above today’s $46.29 share price. Fis Group Inc. boosted its position in Grupo Financiero Galicia by 0.3% in the third quarter. The Ems Capital Lp holds 1.19 million shares with $32.09 million value, up from 957,317 last quarter. Advisor Group Inc. now owns 2,997 shares of the bank’s stock worth $128,000 after acquiring an additional 1,674 shares in the last quarter. The company had a trading volume of 412,199 shares.

Comerica Bank reduced its position in Grupo Financiero Galicia S.A. (NASDAQ:GGAL) by 15.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). It has outperformed by 46.74% the S&P500.

The P/E ratio is now 15.61 and the market cap of the company is 6.05B. The Company’s activities are organized into five divisions, four of which have been determined on a geographic basis of segmentation: North America, Europe, South America and Asia. It has a 26.14 P/E ratio. Its banking business segment represents Banco Galicia consolidated line by line with Banco Galicia Uruguay SA (Galicia Uruguay).

Investors sentiment decreased to 1.23 in 2016 Q4. Its down 0.14, from 1.04 in 2016Q3. As of quarter end Exane Derivatives had sold 191 shares trimming its holdings by 63.0%. Moreover, Raymond James Assoc has 0% invested in Monroe Capital Corp (NASDAQ:MRCC) for 59,001 shares. New York-based Fincl Bank Of New York Mellon has invested 0.01% in Dycom Industries, Inc. (NYSE:PX). Archford Cap Strategies Ltd Liability Company stated it has 0% in Praxair, Inc. (NYSE:PX). Hartline Invest has invested 0.82% of its portfolio in Praxair, Inc. Manufacturers Life The reported 6,406 shares. Smithfield Tru holds 0.15% in Praxair, Inc. (NYSE:DY) for 118,045 shares. Cincinnati Specialty Underwriters Ins has 13,000 shares. 19,570 were reported by Brandywine Global Investment Management Ltd Liability Co. About 125,273 shares traded. The dividend payment was $0.030 per share for the quarter which comes to $0.12 on an annualized basis. Natl Asset Mngmt holds 42,625 shares or 0.13% of its portfolio. Palisade Asset Management Lc accumulated 2,815 shares. Days to cover decreased from 6.6 to 4.0 and the percentage of shorted shares is 0.02% as of August 15. About 807,718 shares traded. Praxair, Inc. (NYSE:PX) has risen 17.42% since September 9, 2016 and is uptrending. It has outperformed by 0.72% the S&P500. GGAL’s past Sell rating is has been discontinued by the brokerage firm. Therefore 33% are positive. JP Morgan upgraded Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) rating on Tuesday, February 9. On Friday, October 28 the stock rating was upgraded by Credit Suisse to “Outperform”. The stock has “Neutral” rating by Citigroup on Monday, August 22.

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