Price Target Watch on Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

Zooming in on shares of The Goldman Sachs Group, Inc. (NYSE:GS), we note that the average target price is presently $238.4. This is the consensus target based on projections provided by the covering analysts polled. Wall Street analysts have the ability to provide price target predictions for stocks that they cover.  Price target estimates can be calculated using various methods.  Many investors will track stock target prices, especially when analysts make changes to the projections. A good research report will generally give detailed reasoning for a specific target price estimate. Some investors may follow analyst targets very closely and use the information to complement their own stock research.

Active investors are constantly weighing risk and return when trading in the stock market. Every investor has to evaluate their risk appetite at some point. The amount of risk an investor is willing to take on can have a large impact on expected future returns. Some people may be much more comfortable with riskier investments than others. This can greatly vary from one person to the next. Once the individual investor is comfortable with the amount of money on the table, they should be able to spend their energies focused on finding a winning strategy. Finding a winning strategy may involve many different aspects of stock research. Following a plan may help investors plow through downturns in the markets, and being able to change the plan when things aren’t working can also be a help to longer-term portfolio health.

Checking in on stock price activity for The Goldman Sachs Group, Inc. (NYSE:GS), we have recently seen shares trading near the $198.26 mark. Investors will often track the current stock price in relation to its 52-week high and low levels. The 52-week high is currently $268.53, and the 52-week low is presently $156.35. When the current stock price is trading close to either the 52-week high or 52-week low, investors may pay closer attention to see if there will be a breakthrough that level. Over the past 12 weeks, the stock has seen a change of 17.73%. Going back to the start of the calendar year, we can see that shares have moved 18.68%. Pulling the focus closer to the past 4 weeks, shares have seen a change of 2.98%. Over the past 5 trading days, the stock has moved 2.85%.

Taking a quick look at analyst opinions, we can see that the current average broker recommendation on shares of The Goldman Sachs Group, Inc. (NYSE:GS) is presently 2.38. Out of the covering analysts polled by Zacks Research, 5 have put a Strong Buy or Buy rating on the stock. 

As earnings season comes into focus, investors will be closely tracking sell-side estimates. According to analysts polled by Zacks Research, the current quarter EPS consensus estimate is currently sitting at 5.73 for shares of The Goldman Sachs Group, Inc. (NYSE:GS). The number consists of estimates provided by 5 contributing analysts. For the last reporting period, the company posted a quarterly EPS of 6.04. The consensus estimate for last quarter before the earnings report was 4.88. Looking out further to the next quarter EPS estimate, the consensus is currently resting at 5.7. This consensus estimate includes 4 analysts taken into consideration by Zacks. Shifting the focus to the current fiscal year EPS estimate, the number is currently 24.31. Widening the gaze to the next fiscal year, we can see that the consensus EPS estimate is presently 23.62.

Investors are constantly striving to get on top in the stock market. Everyone wants to find that next winner to jumpstart the portfolio. Investors often identify risk preference when trying to sort out asset allocation. Typically, a greater amount of risk may provide a greater chance for growth. Many investors may struggle with the concept of keeping emotion out of choosing stocks. Equity research often requires a high degree of patience, dedication, and practice. Learning everything possible about the markets can help the individual build a good base to work with. Being able to sort out the data to determine what is relevant information can help with those tough investment decisions.

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