Goldman Sachs Group (GS) Receives a Buy from Bank of America Securities

Business Insider

19-05-2025

In a report released yesterday, Ebrahim Poonawala from Bank of America Securities maintained a Buy rating on Goldman Sachs Group (GS – Research Report), with a price target of $700.00. The company's shares closed last Friday at $619.03.
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According to TipRanks, Poonawala is a 5-star analyst with an average return of 11.8% and a 67.24% success rate. Poonawala covers the Financial sector, focusing on stocks such as JPMorgan Chase, Morgan Stanley, and US Bancorp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Goldman Sachs Group with a $607.50 average price target, representing a -1.86% downside. In a report released on May 5, Barclays also maintained a Buy rating on the stock with a $720.00 price target.
Based on Goldman Sachs Group's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $12.17 billion and a net profit of $4.74 billion. In comparison, last year the company earned a revenue of $14.21 billion and had a net profit of $4.13 billion
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, DAVID M SOLOMON, the COB & CEO of GS sold 5,000.00 shares for a total of $3,035,850.00.