Goldman Sachs Group (The) (NYSE:GS) : 13 Wall Street analysts covering Goldman Sachs Group (The) (NYSE:GS) believe that the average level the stock could reach for the short term is $190.46. The maximum price target given is $243 and the minimum target for short term is around $129, hence the standard deviation is calculated at $27.65.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Credit Suisse maintains the rating on Goldman Sachs Group (The) (NYSE:GS). The brokerage firm has issued a Outperform rating on the shares. The Analysts at the ratings agency lowers the price target from $200 per share to $180 per share. The rating by the firm was issued on March 30, 2016.
Goldman Sachs Group (The) (NYSE:GS): stock turned positive on Thursday. Though the stock opened at $150.56, the bulls momentum made the stock top out at $152.8 level for the day. The stock recorded a low of $150.14 and closed the trading day at $152.66, in the green by 3.05%. The total traded volume for the day was 2,940,458. The stock had closed at $148.14 in the previous days trading.
The company shares have dropped -30.39% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $215.80 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $154.98 and the 200 Day Moving Average price is recorded at $159.20. On the companys insider trading activities, The (Principal Accounting Officer), of Goldman Sachs Group Inc, Smith Sarah G had unloaded 2,664 shares at $162 per share in a transaction on April 20, 2016. The total value of transaction was $431,568. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
The Goldman Sachs Group, Inc. is a bank holding company and a financial holding company. The Company is a global investment banking, securities and investment management company that provides a range of financial services to a diversified client base that include corporations, financial institutions, Governments and individuals. The Company has four business segments. The Investment Banking segments services include strategic advisory assignments and debt and equity underwriting of public offerings and private placements. Its Institutional Client Services segment makes markets and facilitates client transactions in fixed income, equity, currency and commodity products. Its investing and lending activities include the Companys investing and relationship lending activities across various asset classes, primarily debt securities and loans, public and private equity securities, and real estate. Its investment management segment provides investment and wealth advisory services.