The Goldman Sachs Group, Inc. : The technical rebound will come to an end
Entry price | Target | Stop-loss | Potential |
---|
US$198.47 |
US$181.1 |
US$203.1 |
+8.75% |
---|
The anticipation of a bearish reversal for stocks in Goldman Sachs Group follows on a technical rebound that started several trading sessions ago as well as return to important technical resistance levels.
Strengths● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● Historically, the company has been releasing figures that are above expectations.
● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses● According to Thomson-Reuters' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
● For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
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