Goldman Sachs Group Inc (NYSE:GS) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 26, 2016
Zacks Investment Research has downgraded Goldman Sachs Group Inc (NYSE:GS) to Hold in a statement released on 09/26/2016.
On 09/20/2016, Zacks Investment Research released a statement about Goldman Sachs Group Inc (NYSE:GS) upped the target price from $0.00 to $186.00 that suggested an upside of 0.11%.
Having a price of $165.13, Goldman Sachs Group Inc (NYSE:GS) traded -2.28% lower on the day. With the last stock price up 1.78% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. GS has recorded a 50-day average of $166.57 and a two hundred day average of $158.54. Trade Volume was down over the average, with 2,209,375 shares of GS changing hands under the typical 2,912,730
Recent Performance Chart
Goldman Sachs Group Inc has PE ratio of 15.30 with a one year low of $138.20 and a one year high of $199.90 and has a market capitalization of $0.
A total of 24 brokerages have issued a ratings update on Goldman Sachs Group Inc. Five brokerages rating the company a strong buy, ten brokerages rating the company a buy, ten brokerages rating the company a hold, two brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $187.63.
General Company Details For Goldman Sachs Group Inc (NYSE:GS)
The Goldman Sachs Group, Inc. is a bank holding company and a financial holding company. The Company operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Company's Investment Banking segment provides financial advisory services, which include advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs and risk management. The Company's Institutional Client Services segment makes markets and facilitates client transactions in fixed income, equity, currency and commodity products. The Company's investing and lending activities include its investing and relationship lending activities across various asset classes, primarily debt securities and loans, public and private equity securities, and real estate. The Company's investment management segment provides investment and wealth advisory services.
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