In a report released yesterday, Jason Goldberg from Barclays maintained a Buy rating on Goldman Sachs Group (GS – Research Report), with a price target of $505.00. The company’s shares closed last Tuesday at $354.40.
According to TipRanks.com, Goldberg is a 5-star analyst with an average return of 13.1% and a 64.0% success rate. Goldberg covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Capital One Financial, and Huntington Bancshares.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Goldman Sachs Group with a $468.00 average price target, a 30.0% upside from current levels. In a report issued on January 7, Jefferies also maintained a Buy rating on the stock with a $479.00 price target.
The company has a one-year high of $426.16 and a one-year low of $270.62. Currently, Goldman Sachs Group has an average volume of 2.62M.
Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Founded in 1869, Goldman Sachs Group, Inc. is a leading global investment banking, securities, and investment management firm. The company provides a range of financial services to clients including corporations, financial institutions, governments and individuals. The company operates through four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management.
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