Where Goldman Sachs Gr Stands With Analysts

In the preceding three months, 6 analysts have released ratings for Goldman Sachs Gr GS, presenting a wide array of perspectives from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 5 1 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 1 0 0
2M Ago 0 1 0 0 0
3M Ago 0 3 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for Goldman Sachs Gr, presenting an average target of $436.83, a high estimate of $493.00, and a low estimate of $333.00. Surpassing the previous average price target of $422.60, the current average has increased by 3.37%.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

A comprehensive examination of how financial experts perceive Goldman Sachs Gr is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
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
Chris Kotowski Oppenheimer Lowers Outperform $447.00 $450.00
Devin Ryan JMP Securities Maintains Market Outperform $440.00 -
Devin Ryan JMP Securities Lowers Market Outperform $440.00 $450.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Goldman Sachs Gr. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Goldman Sachs Gr compared to the broader market.
  • Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Goldman Sachs Gr's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Goldman Sachs Gr analyst ratings.

Delving into Goldman Sachs Gr's Background

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.

Financial Insights: Goldman Sachs Gr

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Revenue Growth: Goldman Sachs Gr's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2023, the company experienced a revenue decline of approximately -1.32%. This indicates a decrease in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Goldman Sachs Gr's net margin excels beyond industry benchmarks, reaching 15.93%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Goldman Sachs Gr's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.78%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Goldman Sachs Gr's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.12%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.93, caution is advised due to increased financial risk.

The Core of Analyst Ratings: What Every Investor Should Know

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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