Goldman Sachs Group’s “Sector Perform” Rating Reaffirmed at RBC Capital (GS)
Goldman Sachs Group (NASDAQ: GS)‘s stock had its “sector perform” rating reaffirmed by research analysts at RBC Capital in a report released on Tuesday. They currently have a $135.00 target price on the stock.
Goldman Sachs Group traded up 1.40% on Tuesday, hitting $154.31. Goldman Sachs Group has a 52-week low of $90.43 and a 52-week high of $159.00. The stock’s 50-day moving average is currently $148.7. The company has a market cap of $71.777 billion and a price-to-earnings ratio of 10.77.
Several other analysts have also recently commented on the stock. Analysts at Nomura reiterated a “buy” rating on shares of Goldman Sachs Group in a research note to investors on Wednesday, February 20th. They now have a $155.00 price target on the stock. Separately, analysts at Macquarie reiterated a “neutral” rating on shares of Goldman Sachs Group in a research note to investors on Friday, February 15th. They now have a $150.00 price target on the stock. Finally, analysts at Mediobanca SpA reiterated a “neutral” rating on shares of Goldman Sachs Group in a research note to investors on Monday, January 28th. They now have a $146.00 price target on the stock.
Six investment analysts have rated the stock with a buy rating, two have issued an overweight rating, nineteen have assigned a hold rating, one has issued an underweight rating, and one has assigned a sell rating to the company. Goldman Sachs Group currently has a consensus rating of “hold” and an average target price of $149.40.
The Goldman Sachs Group, Inc. (Goldman Sachs) is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.
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