Goldman Sachs (GS) Stock at Record 25 Years After IPO

Twelve_E
05-07

The $Goldman Sachs(GS)$ Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Investors will be delighted, with the company turning in some strong numbers with its latest results. It was overall a positive result, with revenues beating expectations by 9.9% to hit US$14b.

Goldman Sachs Group also reported a statutory profit of US$11.58, which was an impressive 33% above what the analysts had forecast.

Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual.

So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

The $Goldman Sachs(GS)$ had its target price upped by Oppenheimer from $479.00 to $517.00 in a report released on Tuesday, Benzinga reports.

💰 Stocks to watch today?(18 Dec)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • JoyceTobias
    05-07
    JoyceTobias
    Investors will be thrilled with their strong financial performance.
  • Sonsonkok
    05-09
    Sonsonkok

    Great article, would you like to share it?

Leave a comment
2
1220