10 Analysts Have This To Say About Goldman Sachs Gr

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In the latest quarter, 10 analysts provided ratings for Goldman Sachs Gr GS, showcasing a mix of bullish and bearish perspectives.

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 0 7 3 0 0
Last 30D 0 1 0 0 0
1M Ago 0 2 1 0 0
2M Ago 0 2 2 0 0
3M Ago 0 2 0 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $633.7, a high estimate of $713.00, and a low estimate of $550.00. This current average reflects an increase of 10.25% from the previous average price target of $574.78.

price target chart

Decoding Analyst Ratings: A Detailed Look

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
Kian Abouhossein JP Morgan Raises Overweight $605.00 $550.00
Jason Goldberg Barclays Raises Overweight $713.00 $588.00
Brennan Hawken UBS Announces Neutral $610.00 -
Chris Kotowski Oppenheimer Lowers Outperform $639.00 $677.00
Kian Abouhossein JP Morgan Raises Overweight $550.00 $520.00
David Konrad Keefe, Bruyette & Woods Raises Outperform $686.00 $570.00
Saul Martinez HSBC Raises Hold $608.00 $569.00
Keith Horowitz Citigroup Raises Neutral $585.00 $485.00
Mike Mayo Wells Fargo Raises Overweight $680.00 $600.00
Chris Kotowski Oppenheimer Raises Outperform $661.00 $614.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Goldman Sachs Gr. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Goldman Sachs Gr compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Goldman Sachs Gr's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Goldman Sachs Gr's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Goldman Sachs Gr analyst ratings.

About 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.

A Deep Dive into Goldman Sachs Gr's Financials

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 been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 7.46%. This indicates a substantial increase 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: Goldman Sachs Gr's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 21.89% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Goldman Sachs Gr's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.59%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Goldman Sachs Gr's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.16%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Goldman Sachs Gr's debt-to-equity ratio surpasses industry norms, standing at 3.25. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

The Significance of Analyst Ratings Explained

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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

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