On Oct 16, major Wall Street analysts update their ratings for $Goldman Sachs (GS.US)$, with price targets ranging from $570 to $614.
Morgan Stanley analyst Betsy Graseck maintains with a buy rating, and adjusts the target price from $560 to $570.
BofA Securities analyst Ebrahim Poonawala maintains with a buy rating, and sets the target price at $575.
Barclays analyst Jason Goldberg maintains with a buy rating, and adjusts the target price from $565 to $588.
Wells Fargo analyst Mike Mayo maintains with a buy rating, and adjusts the target price from $550 to $600.
Jefferies analyst Daniel Fannon maintains with a buy rating, and adjusts the target price from $571 to $609.
Furthermore, according to the comprehensive report, the opinions of $Goldman Sachs (GS.US)$'s main analysts recently are as follows:
Goldman Sachs' third-quarter earnings outperformed expectations, supported by robust capital markets performance. Notably, investment banking revenues surged by 20% compared to the same period last year, trading revenues saw a modest 2% increase, and asset management fees grew by 8% year-over-year. Following these results, estimates for fourth-quarter and full-year earnings were revised upwards.
Goldman Sachs' notable third-quarter performance serves as a prime example supporting the anticipation of a capital markets resurgence. A slight increase to the 2025 earnings per share estimate now reflects expectations for amplified revenues from Equities and Fixed Income, Currency, and Commodities (FICC) markets, boosted private banking and lending from stronger loan growth, along with improved management fees. This earnings announcement reinforces confidence in the projected industry volumes that surpass the consensus.
The bank's third-quarter earnings outperformed with the majority of its major revenue streams surpassing consensus expectations, as noted by an analyst.
The firm observes that Goldman Sachs disclosed a third-quarter EPS significantly surpassing both the firm's and the consensus estimates. Minor special items were linked mainly to the wind-down charge concerning the GM Card business, leading to a core operating EPS that implies a core ROTCE of 11.7% for the quarter. This performance is considered solid, given that the current investment banking climate is perceived as relatively weak.
The firm acknowledges Goldman Sachs' robust Q3 earnings performance and suggests that it's a matter of time before the company enhances its Return on Tangible Common Equity (ROTCE) to the mid-teens from the estimated core of 12%. The company's strong capital markets presence and increased margins were instrumental in surpassing Q3 consensus estimates.
Here are the latest investment ratings and price targets for $Goldman Sachs (GS.US)$ from 8 analysts:
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美東時間10月16日,多家華爾街大行更新了$高盛 (GS.US)$的評級,目標價介於570美元至614美元。
摩根士丹利分析師Betsy Graseck維持買入評級,並將目標價從560美元上調至570美元。
美銀證券分析師Ebrahim Poonawala維持買入評級,目標價575美元。
巴克萊銀行分析師Jason Goldberg維持買入評級,並將目標價從565美元上調至588美元。
富國集團分析師Mike Mayo維持買入評級,並將目標價從550美元上調至600美元。
富瑞集團分析師Daniel Fannon維持買入評級,並將目標價從571美元上調至609美元。
此外,綜合報道,$高盛 (GS.US)$近期主要分析師觀點如下:
高盛第三季度收益超出預期,受強勁的資本市場表現支撐。值得注意的是,投資銀行營收同比增長20%,交易收入略有增長2%,資產管理費用同比增長8%。在這些結果之後,第四季度和全年收益預期均被上調。
高盛引人注目的第三季度表現是支持對資本市場復甦預期的主要例證。對2025年每股收益預期的輕微增加現反映了對證券和固定收入、貨幣及大宗商品(FICC)市場增收預期的期待,通過更強勁的貸款增長提振了私人銀行和貸款業務,以及改善的管理費用。這一收益公告強化了對未來行業交易量預期高於共識的信心。
該銀行第三季度收益表現出色,其主要營收流組大部分超出共識預期,正如一位分析師所指出的。
公司認爲高盛披露的第三季度每股收益顯著超過公司和共識預期。主要特殊項目主要與Gm信用卡業務下降費用有關,導致核心營運每股收益意味着本季度核心ROTCR爲11.7%。鑑於當前投資銀行環境被認爲相對疲弱,這一表現被認爲是穩固的。
公司認可高盛強勁的第三季度收益表現,並暗示公司將在一定時間內將其無形公共股權回報率(ROTCR)從預估的12%的核心提升至中等增長。公司強勁的資本市場存在和增加的利潤率是超過Q3共識預期的關鍵。
以下爲今日8位分析師對$高盛 (GS.US)$的最新投資評級及目標價:
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