The leading market experts have placed a mean price target of $181.21 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 $4.30 a share for the upcoming quarter and $14.30 for the current fiscal.
The technical analysis of Goldman Sachs Group, Inc. (The) plainly substantiates that the 50-day moving average of Goldman Sachs Group, Inc. (The) is $162.53, and stock is trading $6.57 points away or +4.04% from its 50-day moving average of $162.53. Further it is trading $12.61 or +8.06% away its 200-day moving average of $156.49. Goldman Sachs Group Inc (NYSE:GS) 52-week high is $199.90 and the 52-week low is $138.20.
This explains if the stock moves $-30.80, it will post a 52-week high. In event of +22.36% 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 16.03.
The stock last ended the trading session at $169.10 and registered a market cap of $72.10B. 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 0.66.
1 Chart Pattern Every Investor Should Know
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