Morgan Stanley (NYSE:MS) analyst Betsy Graseck maintained a Sell rating on Goldman Sachs Group (NYSE:GS) on Wednesday, setting a price target of $304, which is approximately 3.33% above the present share price of $294.2.
Graseck expects Goldman Sachs Group to post earnings per share (EPS) of $9.07 for the first quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Goldman Sachs Group, with an average price target of $330.29.
The analysts price targets range from a high of $445 to a low of $290.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $9.87 billion and a net profit of $0. The company's market cap is $101.22 billion.
According to TipRanks.com, Morgan Stanley analyst Betsy Graseck is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.5% and a 52.89% success rate.
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, Global Markets, Asset Management, and Consumer & Wealth Management. The Investment Banking segment serves public and private sector clients around the world and provides financial advisory services, help companies raise capital to strengthen and grow their businesses and provide financing to corporate clients. The Global Markets segment serves its clients who buy and sell financial products, funding and manage risk. The Asset Management segment provides investment services to help clients preserve and grow their financial assets. The Consumer & Wealth Management segment helps clients to achieve their individual financial goals by providing a wealth advisory and banking services. The company was founded by Marcus Goldman in 1869 and is headquartered in New York, NY.