Blurbs

Goldman Sachs Group (GS) Receives a Buy from Evercore ISI

Evercore ISI analyst Glenn Schorr maintained a Buy rating on Goldman Sachs Group (GSResearch Report) yesterday and set a price target of $410.00. The company’s shares closed last Wednesday at $347.32.

According to TipRanks.com, Schorr is a 4-star analyst with an average return of 9.4% and a 65.0% success rate. Schorr covers the Financial sector, focusing on stocks such as BrightSphere Investment Group, JPMorgan Chase & Co., and Franklin Resources.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Goldman Sachs Group with a $466.08 average price target, a 30.1% 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.

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

Based on Goldman Sachs Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $12.64 billion and net profit of $3.94 billion. In comparison, last year the company earned revenue of $11.74 billion and had a net profit of $4.51 billion.

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.

Read More on GS:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos