Grupo Financiero Galicia Announces Secondary ADS Offering by HSBC

Grupo Financiero Galicia SA ( (GGAL) ) just unveiled an announcement.

On June 10, 2025, Grupo Financiero Galicia S.A. announced the commencement and pricing of an underwritten secondary offering of 11,721,449 American Depositary Shares by HSBC Bank plc. The company did not sell any shares or receive proceeds from this offering, which was conducted under an effective shelf registration statement filed with the U.S. SEC. This move is expected to impact the company’s market presence and shareholder dynamics, although the ADSs are not authorized for public offering in Argentina.

The most recent analyst rating on (GGAL) stock is a Buy with a $92.00 price target. To see the full list of analyst forecasts on Grupo Financiero Galicia SA stock, see the GGAL Stock Forecast page.

Spark’s Take on GGAL Stock

According to Spark, TipRanks’ AI Analyst, GGAL is a Outperform.

Grupo Financiero Galicia SA displays strong financial performance with solid revenue growth and profitability. The stock’s technical indicators show potential upward momentum, though the MACD suggests caution. The valuation indicates the stock is undervalued with a low P/E ratio and attractive dividend yield. Cash flow management is a concern that may affect financial flexibility, necessitating improvement in this area.

To see Spark’s full report on GGAL stock, click here.

More about Grupo Financiero Galicia SA

Grupo Financiero Galicia S.A. is the leading financial services holding company in Argentina, offering a wide range of services including savings, credit, investment, insurance, and digital solutions. The company, with over 110 years of experience, comprises various subsidiaries such as Banco Galicia, Galicia Más Holdings, Naranja X, Galicia Seguros, Fondos Fima, Inviu, Galicia Securities, Nera, Galicia Ventures, and Galicia Warrants, focusing on customer experience and sustainable development.

Average Trading Volume: 1,389,414

Technical Sentiment Signal: Strong Buy

Current Market Cap: $9.29B

See more insights into GGAL stock on TipRanks’ Stock Analysis page.