Analyst Scoreboard: 8 Ratings For Goldman Sachs Gr
Portfolio Pulse from Benzinga Insights
Over the past three months, 8 analysts have provided diverse ratings for Goldman Sachs Group (NYSE:GS), with a recent shift towards more bullish sentiment. The average 12-month price target is now $430.75, up 6.51% from the previous target. Analysts from firms like BMO Capital, JMP Securities, and Oppenheimer have raised their price targets, reflecting positive expectations for GS's stock performance. Despite this, GS faces challenges with a revenue decline of -4.22% as of December 31, 2023, and below-average ROE and ROA, indicating potential inefficiencies. However, a strong net margin of 16.5% suggests profitability and effective cost control.
January 18, 2024 | 3:00 pm
News sentiment analysis
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POSITIVE IMPACT
Goldman Sachs Group has received more bullish analyst ratings with an increased average price target of $430.75. The company's strong net margin contrasts with a revenue decline and below-average ROE and ROA.
The increase in bullish analyst ratings and raised price targets suggest a positive short-term impact on GS's stock price. However, the revenue decline and below-average ROE/ROA may temper investor enthusiasm, hence the importance is not at the maximum. The confidence level reflects the general alignment of analyst sentiment with the financial metrics provided.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100