How high will GS stock go?
The Goldman Sachs Group Stock Forecast
Will GS stock go up?
The average price target for Goldman Sachs Group is $435.68. This is based on 21 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $493.00 ,the lowest forecast is $360.00. The average price target represents 6.12% Increase from the current price of $410.54.
Is GS a good stock to buy?
Growth & Outlook
According to Zacks estimates, Goldman Sachs' bottom line is currently projected to expand 43% in fiscal 2024 to $32.76 per share versus $22.87 a share last year. Fiscal 2025 EPS projections call for another 12% growth.
What is the price target for Goldman Sachs analyst?
| High | $493.00 |
|---|---|
| Median | $445.50 |
| Low | $349.00 |
| Average | $433.00 |
| Current Price | $389.49 |
Is GS overvalued?
The intrinsic value of one GS stock under the Base Case scenario is 1 539.04 USD. Compared to the current market price of 389.49 USD, Goldman Sachs Group Inc is Undervalued by 75%.
Who owns the most GS stock?
According to the latest TipRanks data, approximately 39.36% of Goldman Sachs Group (GS) stock is held by retail investors. Who owns the most shares of Goldman Sachs Group (GS)? Vanguard owns the most shares of Goldman Sachs Group (GS).
Who is the biggest shareholder of Goldman Sachs?
Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Capital World Investors, Morgan Stanley, Spdr Dow Jones Industrial Average Etf Trust, and ...
Which government stock is best?
- Oil and Natural Gas Corporation (ONGC)
- NTPC Ltd.
- Power Grid Corporation of India Ltd.
- Coal India Ltd.
- Indian Oil Corporation.
- Hindustan Aeronautics Ltd.
- Bharat Electronics Ltd.
- Indian Railway Finance Corporation Ltd.
What was Goldman Sachs 52 week high?
Goldman Sachs Group Inc. closed $15.29 below its 52-week high ($419.20), which the company achieved on March 28th.
What is the dividend growth rate of GS?
( GS ) dividend payments per share are an average of 16.67% over the past 12 months, 28.06% over the past 36 months, 27.23% over the past 60 months, and 17.75% over the past 120 months.
What stocks is Goldman Sachs buying?
Top 5 stock holdings are SPY, AAPL, MSFT, IWM, AMZN, and represent 16.42% of Goldman Sachs Group's stock portfolio. Added to shares of these 10 stocks: IVV (+$2.9B), AMZN (+$1.9B), VOO (+$1.7B), BSV (+$1.0B), IEFA (+$891M), META (+$807M), SPY (+$763M), AMD (+$683M), TLT (+$628M), MSFT (+$586M).
How far out are analyst price targets?
The Price Target is an aggregate of the targets published by various analysts covering a stock, from the last 90 days. It is published with a 0-18 months time horizon.
Why do analysts give price targets?
For stock analysts, the timeline is generally 12 to 18 months, but technical traders also use price targets. For stock analysts, the purpose is to help advise investors as to where their stocks might be headed and to highlight stocks that could be very good values (or very bad ones) in the future.
How many shares of GS are there?
Number of shares outstanding as of March 2024 : 335,700,000
According to Goldman Sachs's latest financial reports and stock price the company's current number of shares outstanding is 335,700,000. At the end of 2023 the company had 335,700,000 shares outstanding.
Did Goldman Sachs get bailed out?
Benefits from the government bailout of AIG
American International Group received $180 billion in government loans during the financial crisis, much of which was used to pay counterparties under credit default swaps purchased from AIG. Goldman Sachs received $12.9 billion.
What is special about Goldman Sachs?
Culture of Client Service
For more than 150 years, a culture of teamwork and client service has defined our firm. Today, nearly 40,000 Goldman Sachs colleagues work together to serve our clients and communities around the world, building upon a rich history of innovative ideas from extraordinary people.
How much cash does GS have?
Goldman Sachs cash on hand for 2023 was $664.802B, a 1.34% increase from 2022. Goldman Sachs cash on hand for 2022 was $655.983B, a 1.62% increase from 2021. Goldman Sachs cash on hand for 2021 was $645.51B, a 58.97% increase from 2020.
Who bailed out Goldman Sachs in 2008?
Yes, during the financial crisis of 2008, the U.S. government provided bailout funds to several financial institutions, including Goldman Sachs and Morgan Stanley. These funds were intended to prevent the collapse of these institutions, which were deemed "too big to fail," and to stabilize the overall financial system.
Which company is bigger Goldman Sachs or JP Morgan?
The Market Cap of JPM is over 3.5 times the size of GS. Both companies expect inflation to level in 2023 with less turbulent market activity.
Which family owns Goldman Sachs?
The Goldman–Sachs family is a family of Ashkenazi Jewish descent known for the leading investment bank Goldman Sachs.
What are the three best stocks to buy?
Amazon, Microsoft and Delta Air Lines make the list of stocks scoring rare Strong Buy consensus ratings. If the idea is to buy low, then going shopping for stocks when markets are at record highs might not seem like the greatest idea.
What is the most reliable stock to buy?
| Company (Ticker) | Forward P/E Ratio |
|---|---|
| Citigroup, Inc. (C) | 8.4 |
| Fidelity National Information Services, Inc. (FIS) | 15.3 |
| Intuitive Surgical, Inc. (ISRG) | 60.9 |
| The Kraft Heinz Company (KHC) | 12.2 |
What is the number 1 stock company?
How did Goldman survive 2008?
The bank had obtained credit risk insurance from AIG. Although the insurance went bankrupt, it received a bailout; thus Goldman received an amount from that bailout. The bank had also received cash bailout from the government. Therefore, it is safe to say Goldman Sachs had diversified its risks well before the crisis.
Did Goldman Sachs lose money in 2008?
Goldman Sachs posts $2.1 billion loss - Dec. 16, 2008.
