Somewhat Positive News Coverage Somewhat Unlikely to Impact Grupo Financiero Galicia (GGAL) Stock Price

News stories about Grupo Financiero Galicia (NASDAQ:GGAL) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Grupo Financiero Galicia earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 46.4139691387363 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

GGAL has been the subject of a number of research analyst reports. BidaskClub cut shares of Grupo Financiero Galicia from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Zacks Investment Research cut shares of Grupo Financiero Galicia from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Santander cut shares of Grupo Financiero Galicia from a “hold” rating to an “underperform” rating in a research report on Friday, September 8th. Citigroup Inc. upgraded shares of Grupo Financiero Galicia from a “sell” rating to a “neutral” rating in a research report on Friday, September 8th. Finally, UBS AG upgraded shares of Grupo Financiero Galicia from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold”.

Shares of Grupo Financiero Galicia (NASDAQ:GGAL) traded down $0.88 during midday trading on Tuesday, reaching $51.60. 187,600 shares of the company’s stock traded hands, compared to its average volume of 445,448. Grupo Financiero Galicia has a 1 year low of $23.23 and a 1 year high of $58.61.

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About Grupo Financiero Galicia

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).

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