Compass Point Initiates Coverage On Goldman Sachs Group Inc(GS). In a research note issued to the investors, the brokerage major Announces the price-target to $250 per share. The shares have been rated Neutral. The rating by the stock financial advisor at Compass Point was issued on Feb 22, 2017 in a research report to their Investors and Clients.
In a different note, On Dec 21, 2016, Atlantic Equities said it Downgrades its rating on Goldman Sachs Group Inc. The shares have been rated ‘Neutral’ by the firm.
Goldman Sachs Group Inc (GS) shares turned negative on Wednesdays trading session with the shares closing down -0.03 points or -0.01% at a volume of 23,78,769. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $252.35. The peak price level was also seen at $252.35 while the days lowest was $250. Finally the shares closed at $251.73. The 52-week high of the shares is $252.65 while the 52-week low is $138.2. According to the latest information available, the market cap of the company is $100,100 M.
Goldman Sachs Group Inc(GS) last announced its earnings results on Jan 18, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $8.170B. Analysts had an estimated revenue of $7.650B. Earnings per share were $5.08. Analysts had estimated an EPS of $4.76.
Several Insider Transactions has been reported to the SEC. On Feb 21, 2017, Alan M Cohen (EVP, Global Head of Compliance) sold 5,599 shares at $250.16 per share price.Also, On Feb 16, 2017, John F.w. Rogers (EVP-Chief of Staff & Secretary) sold 32,325 shares at $250.04 per share price.On Feb 9, 2017, David M Solomon (President and Co-COO) sold 6,250 shares at $240.08 per share price, according to the Form-4 filing with the securities and exchange commission.
The Goldman Sachs Group Inc. is a bank holding company and a financial holding company. The Company is a global investment banking securities and investment management company that provides a range of financial services to a diversified client base that include corporations financial institutions Governments and individuals. The Company has four business segments. The Investment Banking segments services include strategic advisory assignments and debt and equity underwriting of public offerings and private placements. Its Institutional Client Services segment makes markets and facilitates client transactions in fixed income equity currency and commodity products. Its investing and lending activities include the Companys investing and relationship lending activities across various asset classes primarily debt securities and loans public and private equity securities and real estate. Its investment management segment provides investment and wealth advisory services.