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Analysts Are Bullish on These Financial Stocks: Goldman Sachs Group (GS), Velocity Financial (VEL)

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Goldman Sachs Group (GSResearch Report) and Velocity Financial (VELResearch Report) with bullish sentiments.

Goldman Sachs Group (GS)

JMP Securities analyst Devin Ryan reiterated a Buy rating on Goldman Sachs Group on April 14 and set a price target of $460.00. The company’s shares closed last Thursday at $321.64, close to its 52-week low of $308.20.

According to TipRanks.com, Ryan is a 5-star analyst with an average return of 17.7% and a 61.3% success rate. Ryan covers the Financial sector, focusing on stocks such as Sixth Street Specialty Lending, TriplePoint Venture Growth, and Pennantpark Floating Rate.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Goldman Sachs Group with a $424.92 average price target, which is a 29.4% upside from current levels. In a report issued on April 8, Jefferies also maintained a Buy rating on the stock with a $387.00 price target.

See today’s best-performing stocks on TipRanks >>

Velocity Financial (VEL)

JMP Securities analyst Steven Delaney reiterated a Buy rating on Velocity Financial today and set a price target of $14.00. The company’s shares closed last Thursday at $9.90.

According to TipRanks.com, Delaney is a 5-star analyst with an average return of 17.2% and a 70.6% success rate. Delaney covers the Financial sector, focusing on stocks such as Claros Mortgage Trust, Inc., Franklin BSP Realty Trust, and Broadmark Realty Capital.

Currently, the analyst consensus on Velocity Financial is a Moderate Buy with an average price target of $14.50.

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