In the last session of trading, Goldman Sachs Group Inc (NYSE:GS) shares changed -0.60%. Sell-side analysts covering the company are looking for the stock to go to $238.28 within the next 52 weeks.
Many investors enter the stock market without a plan in place. Investment goals may be a highly important part of coming out on top. Investors may need to set realistic and measureable goals in order to build a baseline for success. Defining investment goals clearly can help keep individual investors from making common mistakes and losing their shirts. Creating a plan for entering the equity market may start by setting up goals and outlining the objectives of the individual. These goals can differ depending on the person and situation. Many investors will opt to follow strategies put in place by others. This may work fine for some, but not as well for others. Keeping a close eye on particular stocks in the portfolio may help the investor when the time comes to adjust the holdings. Being able to adapt to rapidly changing market environments may turn out to be immensely important when the winds of uncertainty blow in.
In order to arrive at a price target, analysts and investors alike use various metrics to determine where the stock might be headed. One of the most common is the Price to Earnings Ratio or P/E Ratio. This is calculated by taking the current share price and dividing it by the forecasted earnings per share. As of writing, Goldman Sachs Group, Inc. (The) has a price to earnings ratio of 11.75. Taking a step further, investors can also look to a firm’s price to earnings growth or PEG ratio. The stock has a current PEG of 1.08 .
Some other technicals to consider would be the moving averages of the company. In comparing the current price level of the equity to their moving averages, the shares are trading $-0.90 off of the 50-day average of $225.05 and $-5.57 away from the 200-day moving average of $229.72 .
Another important factor to consider when evaluating a stock’s current and future value are the 52 week high and low levels. As of the most recent bid at the time of writing, Goldman Sachs Group, Inc. (The) shares are trading -12.15% away from the 52-week high mark of 255.15 and +42.07% off the 52-week bottom of 157.77.