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Goldman Sachs Group (NYSE:GS)’s share price reached a new 52-week high during trading hours on Friday, AR Network reports. The company traded as high as $178.79 and last traded at $178.54, with a volume of 1,311,670 shares traded. The stock had previously closed at $176.89.

GS has been the subject of a number of recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Goldman Sachs Group in a research note to investors on Thursday. Separately, analysts at TheStreet reiterated a “buy” rating on shares of Goldman Sachs Group in a research note to investors on Wednesday, December 18th. Finally, analysts at Credit Suisse initiated coverage on shares of Goldman Sachs Group in a research note to investors on Tuesday, December 10th. They set a “neutral” rating and a $167.67 price target on the stock. Eighteen analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Goldman Sachs Group presently has a consensus rating of “Hold” and an average target price of $164.40.

Goldman Sachs Group has a 52 week low of $130.32 and a 52 week high of $178.38. The stock has a 50-day moving average of $170.2 and a 200-day moving average of $162.5. The company has a market cap of $81.686 billion and a P/E ratio of 10.71.

Goldman Sachs Group (NYSE:GS) last released its earnings data on Thursday, October 17th. The company reported $2.88 earnings per share for the quarter, meeting the analysts’ consensus estimate of $2.88. The company had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $7.36 billion. During the same quarter in the previous year, the company posted $2.85 earnings per share. The company’s revenue for the quarter was down 19.5% on a year-over-year basis. Analysts expect that Goldman Sachs Group will post $15.10 EPS for the current fiscal year.

The Goldman Sachs Group, Inc (NYSE:GS), is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.

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