Goldman Sachs Group (GS) Gets a Buy from Evercore ISI

Evercore ISI analyst Glenn Schorr maintained a Buy rating on Goldman Sachs Group (GS – Research Report) yesterday and set a price target of $435.00. The company’s shares closed yesterday at $406.25.

Schorr covers the Financial sector, focusing on stocks such as Bank of New York Mellon Corporation, BlackRock, and Citigroup. According to TipRanks, Schorr has an average return of 7.5% and a 61.73% success rate on recommended stocks.

In addition to Evercore ISI, Goldman Sachs Group also received a Buy from Seaport Global’s James Mitchell in a report issued yesterday. However, on March 26, RBC Capital maintained a Hold rating on Goldman Sachs Group (NYSE: GS).

The company has a one-year high of $419.20 and a one-year low of $284.98. Currently, Goldman Sachs Group has an average volume of 2.33M.

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GS in relation to earlier this year.

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Goldman Sachs Group (GS) Company Description:

Founded in 1869, Goldman Sachs Group, Inc. is a leading global investment banking, securities, and investment management firm. The company provides a range of financial services to clients including corporations, financial institutions, governments and individuals. The company operates through four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management.