Goldman Sachs Group Inc (NYSE:GS) Given Price Target Of $183.4


As per Goldman Sachs Group Inc (NYSE:GS)’s news release on 2016-07-19, its shareholders will get cash dividend of $0.65 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-01 and 2016-09-29, respectively.

The stock of Goldman Sachs Group Inc (NYSE:GS) will commence trading ex-dividend from 2016-08-30, until which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Goldman Sachs Group Inc (NYSE:GS) disbursed $2.6 in dividend compared to distribution of $2.25, a year ago. It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 13.3333%.

The past track record of five years substantiates that the average payout of Goldman Sachs Group Inc (NYSE:GS) stands at $2.004, implying 12.7411% growth. The company recorded earnings of $2.9 a share in the preceding fiscal.

The interim price target for Goldman Sachs Group Inc (NYSE:GS) is set at $183.4. This level is the mean price reached by averaging the stock views of 15 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate is seen at $223 and the lowest level is established at 129. This broad range highlights a standard deviation of $27.489 in reported estimates.

AlphaOne has allotted A sentiment score of 0.486 to Goldman Sachs Group Inc (NYSE:GS) while impact score assigned is 84 as on as on 2016-07-29.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 24 times, 1 visits today)