Stocks
Goldman Sachs Group Maintains Strong Analyst Support Despite Insider Selling
Barclays analyst Jason Goldberg reaffirmed his Buy rating on Goldman Sachs Group (GS) and set a price target of $1,245.00.
Goldberg, a 5-star analyst with an average return of 15.8% and a 71.51% success rate, covers the Financial sector, focusing on stocks such as Northern, Bank of America, and Bank of New York Mellon.
The word on The Street in general suggests a Moderate Buy analyst consensus rating for Goldman Sachs Group with a $1,170.64 average price target.
In its latest earnings release for the quarter ending June 30, Goldman Sachs reported a quarterly revenue of $38.43 billion and a net profit of $6.63 billion, compared to last year's revenue of $31.27 billion and net profit of $3.72 billion.