In the recent financial reports, it has been noted that several investment firms, including DnB Asset Management AS, Broadway Wealth Solutions Inc, Financial Engines Advisors L.L.C, and Boussard & Gavaudan Investment Management LLP have increased their stake in The Goldman Sachs Group, Inc. (NYSE:GS). GS's adaptability and core strengths have been applauded while its executive bonuses were criticized. Wells Fargo has lowered its expectations for GS's stock price. Financial discussions reveal that GS has outshined the broader market and its performance predicts sustained growth.
However, Citigroup has lowered the price target to $550.00 and the stock has been downgraded by Oppenheimer. Despite its recent market cap decline, GS shows promising future profits. Jim Cramer and other investors view GS as a solid buy. Its current dividend has been announced at $3.00.
The company's Q4 2024 report shows strong financial performance. GS has increased shareholders’ returns with a CAGR of 25% and 36% over five years. Finally, Goldman Sachs might be strategizing to sell its partnership with the Apple Card.
Goldman Sachs Group GS News Analytics from Tue, 03 Dec 2024 08:00:00 GMT to Sat, 29 Mar 2025 18:30:24 GMT - Rating 5 - Innovation 3 - Information 5 - Rumor -5
