(NYSE:GS) from a buy rating to a neutral rating in a research report report published on Tuesday morning. Analyst's mean target price for the firm is $12.60 while analysts mean recommendation is 2.80.
There are a handful of analysts covering the stock. Berenberg Bank began coverage on shares of Goldman Sachs Group in a report on Wednesday, July 13th. 12 recommends the stock is "outperforming". Rafferty Capital Markets upgraded Goldman Sachs Group from a "hold" rating to a "buy" rating and set a $184.00 price target for the company in a research note on Monday, October 17th. Inc. raised its stake in shares of Goldman Sachs Group by 0.5% in the third quarter. Independent Portfolio Consultants Inc. raised its position in Goldman Sachs Group by 5.5% in the second quarter. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the company. Goldman Sachs Group presently has a consensus rating of Hold and a consensus price target of $181.38. Eventually, The Goldman Sachs Group, Inc. The firm's 50-day moving average is $173.36 and its 200-day moving average is $162.82. The firm maintains a P/E ratio of 19.35 in 12 months.
06/25/2015 - Goldman Sachs Group, Inc.
Goldman Sachs Group (NYSE:GS) last posted its earnings results on Tuesday, October 18th. The consensus recommendation by Thomson Reuters Analysts is Hold for SWC and their mean rating for the stock is 2.67 on scale of 1-5. The fund owned 691,926 shares of the investment management company's stock after buying an additional 7,155 shares during the period. The firm's quarterly revenue was up 19.0% compared to the same quarter a year ago. This year company's Earnings per Share (EPS) growth is -180.80% and next year's estimated EPS growth is 17.63%. Analysts forecast that Goldman Sachs Group will post $15.52 EPS for the current fiscal year. Shareholders of record on Thursday, December 1st will be paid a $0.65 dividend. GS quarterly performance is 46.84% while firm's price to sale ratio is 2.65 and price to book ratio is 1.35. The ex-dividend date of this dividend is Tuesday, November 29th.
01/12/2015 - Goldman Sachs Group, Inc. The stock was sold at an average price of $211.32, for a total value of $529,145.28. Following the completion of the sale, the chairman now owns 1,524,471 shares of the company's stock, valued at $322,151,211.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Sarah G. Smith sold 2,664 shares of the business's stock in a transaction dated Monday, November 7th. They now have a United States dollars 158 price target on the stock. Following the transaction, the insider now owns 13,075 shares of the company's stock, valued at $2,353,500. The disclosure for this sale can be found here.
The most optimistic analyst sees the stock reaching $275.00 while the most conventional predicts the target price at $120.00.
Shares of Goldman Sachs Group Inc. Nelson Roberts Investment Advisors LLC boosted its position in shares of Goldman Sachs Group by 26.8% in the second quarter. Nisa Investment Advisors LLC now owns 110,188 shares of the investment management company's stock worth $16,372,000 after buying an additional 3,604 shares during the last quarter. CKW Financial Group boosted its position in shares of Goldman Sachs Group by 33.3% in the second quarter. BlackRock Group LTD now owns 3,446,114 shares of the investment management company's stock worth $555,755,000 after buying an additional 83,580 shares during the last quarter. Alpha Windward LLC boosted its position in shares of Goldman Sachs Group by 2.2% in the third quarter. The investment management company reported $4.88 EPS for the quarter, beating the Zacks' consensus estimate of $3.79 by $1.09. Finally, Foundry Partners LLC raised its stake in shares of Goldman Sachs Group by 9.2% in the third quarter. Heritage Investors Management Corp now owns 67,110 shares of the investment management company's stock worth $9,971,000 after buying an additional 1,623 shares during the last quarter. Institutional investors own 69.40% of the company's stock.