Wells Fargo Analysts Give Goldman Sachs (GS) a $330.00 Price Target

16 April, 2018, 22:41 | Author: Regina Silva
  • David Solomon co-chief operating officer at Goldman Sachs in New York in November 2017

Several hedge funds have recently made changes to their positions in GS.

When it comes to the Analysis of a Stock, Price Target plays a vital role. Barclays increased their price target on shares of Goldman Sachs from $262.00 to $308.00 and gave the company an equal weight rating in a research note on Tuesday, January 2nd. Instinet reaffirmed an outperform rating and set a $225.00 price objective (down previously from $238.00) on shares of Goldman Sachs in a report on Thursday, January 4th.

Among 12 analysts covering Goldman Sachs Group Inc (NYSE:GS), 7 have Buy rating, 0 Sell and 5 Hold. The company has a consensus rating of Hold and a consensus price target of $260.58. (NYSE:GS). Portland Investment Counsel owns 2,100 shares. Goldman Sachs has a fifty-two week low of $209.62 and a fifty-two week high of $275.31. The firm has a market capitalization of $103.04 billion, a price-to-earnings ratio of 15.25 and a beta of 1.50.

GS Bank is a New York State-chartered bank that is a wholly-owned, direct subsidiary of The Goldman Sachs Group, Inc. The investment management company reported $5.68 EPS for the quarter, topping analysts' consensus estimates of $4.90 by $0.78. The Return on Equity (ROE) value stands at 5%.

BidaskClub Downgrades QUALCOMM (QCOM) to Strong Sell
Td Management Limited Liability Corp owns 0% invested in QUALCOMM Incorporated (NASDAQ: QCOM ) for 101 shares. (NYSE:PFE). On Tuesday, November 14 the stock of QUALCOMM Incorporated (NASDAQ: QCOM ) earned "Buy" rating by RBC Capital Markets.


Jazz rookie (toe) set to play Game 2 vs. Thunder, report says
However, it was clear that he was still a bit shaken up and head coach Quin Snyder chose to pull him from the game once again. Mitchell was visibly confused on the bench and, with the help of some teammates, lobbied to re-enter the game.


More SEGA Ages Games Have Been Announced
Will you be picking up Sega AGES when it arrives on Switch? SEGA AGES will launch in North America, Europe, and Japan. Over time, the SEGA Ages series grew to encompass enhanced ports of dozens of games across multiple systems.


Revenue to outstrip profits: Analysts are predicting revenue growth of 8.8% from a year ago, to $8.7 billion. They expect $5.41 EPS, up 5.05% or $0.26 from last year's $5.15 per share. This year's performance is 5.09% while this quarter's performance is -1.87%.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 29th. Moreover, Bank Of America Corp De has 0% invested in the company for 20,000 shares. Davidson D A & Company bought 1,525 shares as the company's stock declined 4.52% with the market. The ex-dividend date was Wednesday, February 28th. Ubs Asset Mngmt Americas Inc has 0.24% invested in The Goldman Sachs Group, Inc. On Thursday, March 22 the rating was maintained by Wells Fargo with "Buy". The shares were sold at an average price of $270.42, for a total transaction of $2,704,200.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The stock was sold at an average price of $233.99, for a total transaction of $2,714,284.00. The disclosure for this sale can be found here. The fund owned 95,819 shares of the financial services provider's stock after purchasing an additional 55,968 shares during the period. GLG Partners LP boosted its position in Goldman Sachs Group by 15.4% in the second quarter. First Allied Advisory Services Inc. now owns 14,611 shares of the investment management company's stock worth $2,157,000 after buying an additional 2,610 shares in the last quarter. The Manufacturers Life Insurance Company now owns 3,401,280 shares of the investment management company's stock worth $866,510,000 after buying an additional 51,853 shares during the last quarter. Artisan Partners Limited Partnership boosted its holdings in Goldman Sachs by 2.6% in the 3rd quarter. The Stock now has a Weekly Volatility of 2.45% and Monthly Volatility of 2.67%. It is positive, as 60 investors sold GS shares while 371 reduced holdings. Corporate insiders own 1.00% of the company's stock. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of USA and worldwide trademark and copyright laws.

Thomas Lenox Kempner increased its stake in Goldman Sachs Group Inc (GS) by 6.37% based on its latest 2017Q4 regulatory filing with the SEC. It operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The acquisition expands Marcus' products and services to help consumers make smarter financial decisions.

Recommended:

  • Delta Air Lines reports $718m pre-tax income in Q1 2018

    Moreover, Paradigm Asset Com Limited Liability Com has 0.67% invested in Visa Inc. (NASDAQ:AAPL) rating on Tuesday, June 6. Several hedge funds and other institutional investors have recently added to or reduced their stakes in DAL .
    Auto  insurance costs fell slightly in Q1, finds Confused.com

    Auto insurance costs fell slightly in Q1, finds Confused.com

    A 2% drop compared to the first quarter of 2017, this year's decrease is said to be the first annual reduction since 2015. CEO Louise O'Shea said: "Finally drivers have had some good news with the end of rising vehicle insurance costs in sight".
    Billy Mitchell Releases Video Responding to Donkey Kong High Score Controversy

    Billy Mitchell Releases Video Responding to Donkey Kong High Score Controversy

    Speaking to Old School Gamer Magazine , for which Mitchell serves as an advisor, he asserts that all will come to light. The disgraced King of Kong allegedly did wrong, and now he's working to restore his tarnished reputation.
  • Express Scripts Holding Company (ESRX)

    Northeast Inv Mngmt owns 12,276 shares or 0.08% of their U.S. portfolio. 69,039 were accumulated by North Star Management Corp. The stock of Laboratory Corporation of America Holdings (NYSE:LH) has "Hold" rating given on Friday, June 9 by Jefferies.
    'Hotel Artemis' trailer introduces a ridiculously star-studded 'John Wick' ripoff

    'Hotel Artemis' trailer introduces a ridiculously star-studded 'John Wick' ripoff

    Such is the tagline for the new Jodie Foster thriller , and now you can check out the Hotel Artemis trailer here. " Hotel Artemis " marks Foster's first acting project since 2013's " Elysium ".
    HBO's John Oliver Says GOP 'Absolutely Blew It' on Corporate Tax Reform

    HBO's John Oliver Says GOP 'Absolutely Blew It' on Corporate Tax Reform

    As has been previously reported , Alaska is home to over 50% of the country's final Blockbuster stores. Oliver discussed the threat to the last Blockbuster store on the show before revealing his purchases.
  • Portland General Electric Company (POR) Surged to $40.22 on April , 14

    In other news, insider Alexander Dimitrief bought 2,689 shares of the business's stock in a transaction on Monday, January 29th. It has underperformed by 65.90% the S&P500.The move comes after 9 months positive chart setup for the $117.27 billion company.

    RSP Permian, Inc. (NYSE:RSPP): Is Momentum Building for This Stock?

    Wells Fargo maintained Bio-Rad Laboratories, Inc. (NYSE: RSPP ) has "Buy" rating given on Monday, October 17 by Canaccord Genuity. The company has a market capitalization of $7,251.40, a price-to-earnings ratio of 57.50, a PEG ratio of 0.61 and a beta of 1.67.
    Paying Sales Tax on Out of State Purchases

    Paying Sales Tax on Out of State Purchases

    Whatever ruling that the Supreme Court will issue would likely affect the national e-commerce and online shopping industry . The court is due to hear a case against retailers that have not been collecting sales tax from customers.
  • David Lammy's urgent question on Windrush generation

    David Lammy's urgent question on Windrush generation

    The home secretary, Amber Rudd, is expected to provide more details in a statement in the Commons on Monday afternoon. It is a stain on our nation's conscience and the Prime Minister must act urgently to right this historic wrong.
    One dead in Crozet plane crash

    One dead in Crozet plane crash

    Editor's Note: This is a developing story , we are working to get more information and will bring you updates here on NBC29.com. She also said the Federal Aviation Administration and National Transportation Safety Board have been alerted about the incident.
    Salman Khan's this throwback video will leave you dumbstruck!

    Salman Khan's this throwback video will leave you dumbstruck!

    After wrapping up a schedule of Remo D'Souza's Race 3 , superstar Salman Khan has started shooting for Ali Abbas Zafar's Bharat . During the preparation for his role as a wrestler, he took help of couple of trainers to nail the backflip at 2 in the morning.


Popular

READ: UK Prime Minister Theresa May's statement on Syria strikes
The Prime Minister also warned Russian Federation that the air strikes should act as a warning over its use of chemical weapons. Jeremy Corbyn , leader of the main opposition Labour Party, has questioned the legal basis for Britain's involvement.

SoCal's Bratz Doll Founder Bids $900M for Toys 'R' Us
The campaign's goal was for $1 billion so that they could purchase all 735 remaining stores, but it wasn't going to ever reach it. Larian's vision for Toys "R" Us includes turning its stores into entertainment hotspots.

Chopped romaine lettuce linked to E. coli outbreak
The current outbreak is not related to a recent multistate outbreak of E. coli O157:H7 infections linked to leafy greens . Epidemiologic evidence collected to date indicates that chopped romaine lettuce is the likely source of this outbreak.

Man Utd boss Jose Mourinho delivers surprise Chelsea warning to team
Manchester United boss, Jose Mourinho has hit out at Paul Pogba for helping Manchester City win the Premier League title. We didn't want (to play) or couldn't play simple, everything was slow, one more flick, trick, turn.

Tyrus Capital Sam Increased Its Freeport (FCX) Holding
It is negative, as 77 investors sold FCX shares while 205 reduced holdings. 78 funds acquired holdings and 182 increased holdings. Freeport-McMoRan Inc engages in the mining of mineral properties in the United States, Indonesia, Peru, and Chile. (NYSE: FCX ).

Student, 19, fatally stabbed at Binghamton University
A 19-year-old student has been fatally stabbed on New York's Binghamton University campus and his assailant remains at large. If you would like to speak to someone, reach out to the Dean of Students Office and CARE Team by calling 607-777-2804.

Daryl Worley Is Released By The Eagles After Being Arrested
While at West Virginia, Worley pleaded no contest to misdemeanor assault in 2014 after an incident at a nightclub. Philadelphia did not absorb a financial penalty by cutting Worley and saved $670,000 against the salary cap.

Pep Guardiola reveals key match in Premier League title win
In fact, it was their neighbors Manchester United who were handing heavy defeats with their 4-0 demolitions. City's current tally stands at 14 but with two more away matches to go, City could well set a new record.

Ian Somerhalder to Star in Netflix's Vampire Drama Series 'V-Wars'
Unfortunately for him, Michael rises to power as an underground leader of the vampires, putting Swann in a hard spot. Based on the IDW comic of the same name by writer Jonathan Maberry, V-Wars follows the adventures of Dr.

James Harrison, five-time Pro Bowler with Steelers, retires from NFL
Harrison, 39, posted a collage of pictures of his two sons and noted he's "missed way too much for way too long ... and I'm done". Harrison indicated during the playoffs he thought he had another year in him, but it appears he's changed his mind.