Analysts Predict Upside for National Bank of Canada and Grupo Financiero Galicia SA
Two financial analysts have expressed optimism about two major banks in the sector. Paul Holden from CIBC has maintained a Buy rating on National Bank of Canada (NTIOF) with a price target of C$249.00. According to TipRanks.com, Holden is a 5-star analyst with an average return of 11.9% and a 66.0% success rate. The company's shares closed last Thursday at $152.12.
The general consensus on the street suggests a Hold rating for National Bank of Canada with a $163.77 average price target, implying a 6.3% upside from current levels. Another analyst, TipRanks - PerPlexity, also reiterated a Buy rating on the stock with a C$248.00 price target.
Ernesto Gabilondo from Bank of America Securities maintained a Buy rating on Grupo Financiero Galicia SA (GGAL) after its shares closed last Thursday at $42.90. The company has an analyst consensus of Moderate Buy, with a price target consensus of $85.00.