Goldman Sachs Group (The) (GS): Price Target and June Short Interest Disclosure

Goldman Sachs Group (The) (GS) : The consensus price target for Goldman Sachs Group (The) (GS) is $185.15 for the short term with a standard deviation of $25.4. The most optimist securities analyst among the 13 who monitor the stock believes that the stock can reach $220, however, the pessimist price target for the company is $129.

Goldman Sachs Group (The) (GS), A rise of 736,376 shares or 16.7% was seen in the short interest of Goldman Sachs Group. Even as the interest increased from 4,396,503 shares on June 15,2016 to 5,132,879 shares on June 30,2016, the days to cover came in at 1. The updated interest stood at 1.3% of the stocks floats. The stock has seen an average daily volume of 4,472,833 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


Goldman Sachs Group (The) (NYSE:GS): stock turned positive on Thursday. Though the stock opened at $160.29, the bulls momentum made the stock top out at $163.24 level for the day. The stock recorded a low of $160.01 and closed the trading day at $162.54, in the green by 2.93%. The total traded volume for the day was 5,087,724. The stock had closed at $157.92 in the previous days trading.

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.

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