Bank of America raised Goldman Sachs(GS:NYE) to $360 from $349

Bank of America maintained the Neutral rating on Goldman Sachs and raised the target to $360 from $349.
BMO Financial cut the target on the stock to $486 from $488, and maintained the Outperform rating on the stock.
Based on the The Goldman Sachs Group Inc stock forecasts from 15 analysts, the average analyst target price for The Goldman Sachs Group Inc is USD 466.77 over the next 12 months. The Goldman Sachs Group Inc’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of The Goldman Sachs Group Inc is Slightly Bearish, which is based on 3 positive signals and 6 negative signals. At the last closing, The Goldman Sachs Group Inc’s stock price was USD 321.64. The Goldman Sachs Group Inc’s stock price has changed by +0.25% over the past week, -21.63% over the past month and -6.04% over the last year.
What we like:
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Superior return on equity
The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.
Positive cash flow
The company had positive total cash flow in the most recent four quarters.
What we don’t like:
Poor risk adjusted returns
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
High volatility
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Below median total returns
The company has under performed its peers on annual average total returns in the past 5 years.
Overpriced on cashflow basis
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
Poor return on assets
The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.
Highly leveraged
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.