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Analysts review Goldman Sachs Group, Inc.’s rating

In a filing, Goldman Sachs Group, Inc. revealed its 10% Owner GOLDMAN SACHS GROUP INC unloaded Company’s shares for reported $25.36 million on Jun 13 ’24. In the deal valued at $6.34 per share,4,000,000 shares were sold. As a result of this transaction, GOLDMAN SACHS GROUP INC now holds 12,981,022 shares worth roughly $6.02 billion.

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Then, ROGERS JOHN F.W. sold 8,356 shares, generating $3,896,459 in total proceeds. Upon selling the shares at $466.31, the Executive Vice President now owns 64,030 shares.

Before that, ROGERS JOHN F.W. sold 6,438 shares. Goldman Sachs Group, Inc. shares valued at $3,001,198 were divested by the Executive Vice President at a price of $466.17 per share. As a result of the transaction, ROGERS JOHN F.W. now holds 17,107 shares, worth roughly $7.93 million.

Argus upgraded its Goldman Sachs Group, Inc. [GS] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who increased its forecast for the stock in mid March from “a Neutral” to “an Outperform”. Edward Jones began covering GS with “Buy” recommendation on February 27, 2024. Morgan Stanley revised its rating on January 30, 2024. It rated GS as “an Overweight” which previously was an “an Equal-weight”.

Price Performance Review of GS

On Monday, Goldman Sachs Group, Inc. [NYSE:GS] saw its stock jump 2.51% to $463.66. Over the last five days, the stock has gained 0.34%. Goldman Sachs Group, Inc. shares have risen nearly 20.19% since the year began. Nevertheless, the stocks have risen 43.51% over the past one year. While a 52-week high of $471.48 was reached on 05/20/24, a 52-week low of $289.36 was recorded on 01/19/24. SMA at 50 days reached $448.85, while 200 days put it at $383.99. A total of 1.84 million shares were traded, compared to the trading of 3.84 million shares in the previous session.

Levels Of Support And Resistance For GS Stock

The 24-hour chart illustrates a support level at 457.11, which if violated will result in even more drops to 450.55. On the upside, there is a resistance level at 467.12. A further resistance level may holdings at 470.57. The Relative Strength Index (RSI) on the 14-day chart is 57.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.20, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.68%. Stochastics%K at 59.49% indicates the stock is a holding.

The most recent change occurred on January 18, 2024 when BMO Capital Markets resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $360.

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