RBC Capital Keeps Their Hold Rating on Goldman Sachs Group Inc

By Austin Angelo

RBC Capital analyst Matt Barasch reiterated a Hold rating on Goldman Sachs Group Inc (NYSE: GS) on November 13 and set a price target of $240. The company’s shares closed yesterday at $237.24.

According to TipRanks.com, Barasch is a 4-star analyst with an average return of 5.4% and a 72.0% success rate. Barasch covers the Financial sector, focusing on stocks such as American International Group, Colliers International Group, and FirstService Corporation.

Goldman Sachs Group Inc has an analyst consensus of Hold, with a price target consensus of $245.20.

The company has a one-year high of $255.15 and a one-year low of $204.83. Currently, Goldman Sachs Group Inc has an average volume of 2.58M.

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Goldman Sachs Group, Inc. engages in global investment banking, securities, and investment management, which provides a range of financial services to corporations, financial institutions, governments, and individuals. It operates through the following business segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment focuses on the provision of financial advisory services public and private sector clients around the world. The Institutional Client Services segment facilitates clients regarding buy and sell financial products, raise funding and manage risk. The Investing & Lending segment includes the company’s investing and relationship lending activities across various asset classes. The Investment Management segment deals with the provision of investment and wealth advisory services. The company was founded by Marcus Goldman in 1869 and is headquartered in New York, NY.