Grupo Financiero Galicia traded at $49.24 this Wednesday June 24th, decreasing $2.12 or 4.12 percent since the previous trading session. Looking back, over the last four weeks, Grupo Financiero Galicia lost 7.24 percent. Over the last 12 months, its price fell by 4.71 percent. Looking ahead, we forecast Grupo Financiero Galicia to be priced at 52.30 by the end of this quarter and at 41.77 in one year, according to Trading Economics global macro models projections and analysts expectations.
Grupo Financiero Galicia SA is an Argentina-based financial services holding company. The Company does not have operations of its own and conduct its business through its subsidiaries. Banco Galicia is the Company's main subsidiary and one of Argentina’s service banks. The Company's goal is to consolidate its position as one of Argentina’s comprehensive financial services providers while continuing to strengthen Banco Galicia’s position as one of Argentina’s banks. The Company seeks to broaden and complement the operations and businesses of Banco Galicia, through holdings in companies and undertakings whose objectives are related to and/or can produce synergies with financial activities. The Company's non-banking subsidiaries operate in financial and related activities.