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Goldman Sachs (NYSE:GS) was downgraded by research analysts at Bernstein from an “outperform” rating to a “market perform” rating in a report released on Monday.

Several other analysts have also recently commented on the stock. Analysts at Nomura reiterated a “positive” rating on shares of Goldman Sachs in a research note on Tuesday, June 17th. Separately, analysts at Buckingham Research upgraded shares of Goldman Sachs to a “buy” rating in a research note on Thursday, June 12th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Goldman Sachs in a research note on Monday, June 9th. They now have a $174.00 price target on the stock. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $174.41.

Goldman Sachs (NYSE:GS) traded up 0.40% on Monday, hitting $167.44. The stock had a trading volume of 1,885,109 shares. Goldman Sachs has a 52 week low of $149.28 and a 52 week high of $181.13. The stock has a 50-day moving average of $163.2 and a 200-day moving average of $165.6. The company has a market cap of $77.826 billion and a P/E ratio of 10.99.

Goldman Sachs (NYSE:GS) last posted its quarterly earnings results on Thursday, April 17th. The company reported $4.02 earnings per share for the quarter, beating the analysts’ consensus estimate of $3.44 by $0.58. The company had revenue of $9.33 billion for the quarter, compared to the consensus estimate of $8.70 billion. During the same quarter last year, the company posted $4.29 earnings per share. Goldman Sachs’s revenue was down 7.5% compared to the same quarter last year. Analysts expect that Goldman Sachs will post $15.49 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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