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Goldman Sachs Group (GS) Receives a Rating Update from a Top Analyst

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Wells Fargo analyst Mike Mayo maintained a Buy rating on Goldman Sachs Group with a $1,175 price target. Barclays also issued a Buy rating with a $1,245 target. The stock closed at $891.91, while the general analyst consensus suggests a Moderate Buy with an average target of $1,094.71.

Wells Fargo analyst Mike Mayo maintained a Buy rating on Goldman Sachs Group yesterday and set a price target of $1,175.00. The company’s shares closed yesterday at $891.91.

According to TipRanks, Mayo is a top 100 analyst with an average return of 17.6% and a 71.31% success rate. Mayo covers the Financial sector, focusing on stocks such as M&T Bank, Bank of America, and Citigroup.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Goldman Sachs Group with a $1,094.71 average price target, which is a 22.74% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $1,245.00 price target.

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