Zacks Investment Research disclosed Goldman Sachs Group Inc (NYSE:GS), hiking its price target to $186.00 earlier today
- Updated: September 20, 2016
Just yesterday Goldman Sachs Group Inc (NYSE:GS) traded 0.16% higher at $167.56. Goldman Sachs Group Inc’s 50-day moving average is $165.54 and its 200-day moving average is $158.27. The last stock price is up 5.18% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,533,100 shares of GS traded hands, down from an average trading volume of 2,935,590
Previously on 9/08/2016, Vetr Inc. released a statement about Goldman Sachs Group Inc (NYSE:GS) increased the target price from $0.00 to $165.45. At the time, this indicated a possible downside of -0.04%.
Stating as potential upside of 0.11%, Zacks Investment Research raised the target price of Goldman Sachs Group Inc (NYSE:GS) to $186.00
Recent Performance Chart
Goldman Sachs Group Inc has 52 week low of $138.20 and a 52 week high of $199.90 with a price-earnings ratio of 15.78 and has a total market value of $0.
A total of 24 analysts have released a research note on GS. Five analysts rating the company a strong buy, ten analysts rating the company a buy, ten analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $187.63.
More About 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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