RBC Capital Keeps Their Hold Rating on Goldman Sachs Group (GS)
In a report released today, Gerard Cassidy from RBC Capital maintained a Hold rating on Goldman Sachs Group (GS), with a price target of $240.00. The company’s shares closed last Monday at $240.12, close to its 52-week high of $250.46.
According to TipRanks.com, Cassidy is a top 25 analyst with an average return of 27.1% and a 78.9% success rate. Cassidy covers the Financial sector, focusing on stocks such as JPMorgan Chase & Co., Fifth Third Bancorp, and Citizens Financial.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Goldman Sachs Group with a $275.86 average price target, representing a 12.8% upside. In a report issued on January 16, BMO Capital also maintained a Hold rating on the stock with a $264.00 price target.
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Goldman Sachs Group’s market cap is currently $85.02B and has a P/E ratio of 11.43. The company has a Price to Book ratio of 0.97.
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Goldman Sachs Group, Inc. engages in global investment banking, securities, and investment management, which provides financial services. It operates through the following business segments: Investment Banking, Institutional Client Services, Investing and Lending, and Investment Management.