Throughout the last three months, 8 analysts have evaluated Goldman Sachs Gr GS, offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 5 | 2 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 4 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $430.75, a high estimate of $493.00, and a low estimate of $333.00. This upward trend is evident, with the current average reflecting a 6.51% increase from the previous average price target of $404.43.
Exploring Analyst Ratings: An In-Depth Overview
The standing of Goldman Sachs Gr among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| James Fotheringham | BMO Capital | Raises | Market Perform | $360.00 | $357.00 |
| Devin Ryan | JMP Securities | Maintains | Market Outperform | $440.00 | - |
| Chris Kotowski | Oppenheimer | Raises | Outperform | $491.00 | $481.00 |
| Brennan Hawken | UBS | Raises | Buy | $440.00 | $382.00 |
| Kian Abouhossein | JP Morgan | Raises | Overweight | $421.00 | $398.00 |
| Jason Goldberg | Barclays | Raises | Overweight | $493.00 | $437.00 |
| Betsy Graseck | Morgan Stanley | Raises | Equal-Weight | $333.00 | $329.00 |
| Chris Kotowski | Oppenheimer | Raises | Outperform | $468.00 | $447.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Goldman Sachs Gr. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Goldman Sachs Gr compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Goldman Sachs Gr's stock. This examination reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Goldman Sachs Gr's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Goldman Sachs Gr analyst ratings.
Unveiling the Story Behind Goldman Sachs Gr
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
Unraveling the Financial Story of Goldman Sachs Gr
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Goldman Sachs Gr's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -4.22%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 16.5%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Goldman Sachs Gr's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.67%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Goldman Sachs Gr's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.12%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Goldman Sachs Gr's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.72, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
What Are Analyst Ratings?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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