Stock To Watch: Goldman Sachs Group Inc (NYSE:GS)


The leading market experts have placed a mean price target of $177.57 on Goldman Sachs Group Inc (NYSE:GS) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $3.65 a share for the upcoming quarter and $13.58 for the current fiscal. Technical View The technical analysis of Goldman Sachs Group, Inc. (The) plainly substantiates that the 50-day moving average of Goldman Sachs Group, Inc. (The) is $151.14, and stock is hovering 10.50 or +6.95% distant from $151.14. It is noted that the 200-day MA is $155.74, and Goldman Sachs Group, Inc. (The) stock is $5.90 or +3.79% off from this point. Goldman Sachs Group Inc (NYSE:GS) 52-week high is $214.61 and the 52-week low is $138.20. This explains if the stock moves $-52.97, it will post a 52-week high. In event of $+16.96% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Goldman Sachs Group, Inc. (The), shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Goldman Sachs Group Inc (NYSE:GS) ratio came in at 18.28. The stock last ended the trading session at $161.64 and registered a market cap of $70.67B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Goldman Sachs Group Inc (NYSE:GS) PEG ratio is at 0.68.

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...

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