The Goldman Sachs Group Inc (NYSE: GS) stock enjoyed a major increase of 13.1% on 11/6/24. The shares closed at $595.98. Moreover, this advance was accompanied by exceptionally high trading volume at 404% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 13.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, GS is expected to continue to be an important Value Builder.
Goldman Sachs Group has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Goldman Sachs Group has a very high Power Rating of 87 and a very high Appreciation Score of 95, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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