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Goldman Sachs Group (GS) Gets a Hold from UBS

Tipranks - Tipranks - Tue Aug 4, 7:02AM CDT

In a report released today, Erika Najarian from UBS maintained a Hold rating on Goldman Sachs Group, with a price target of $1,150.00.

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Najarian covers the Financial sector, focusing on stocks such as Citigroup, American Express, and Bank of America. According to TipRanks, Najarian has an average return of 10.5% and a 60.00% success rate on recommended stocks.

In a report released today, RBC Capital also maintained a Hold rating on the stock with a $1,220.00 price target.

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Based on Goldman Sachs Group’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $38.43 billion and a net profit of $6.63 billion. In comparison, last year the company earned a revenue of $31.27 billion and had a net profit of $3.72 billion

Based on the recent corporate insider activity of 35 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. Last month, ERICKA T LESLIE, the CAO of GS sold 250.00 shares for a total of $287,950.64.

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