Goldman Sachs (NYSE:GS) shares extended six straight sessions of gains, as the stock gained 0.1% at $687.62 on Friday.
The U.S. lender added 8.2% in the preceding six sessions. The stock has gained 20% so far this year, compared to a 4.4% rise in the broader S&P 500 Index.
GS is up 13% over the past one month.
Recently, Goldman Sachs Asset Management, part of investment banking giant Goldman Sachs will liquidate the Goldman Sachs Future Consumer Equity ETF (GBUY) and Goldman Sachs Future Planet Equity ETF (GSFP), both of which GSAM is the investment advisor.
“The Goldman Sachs Group, Inc. remains fundamentally solid but is highly sensitive to economic cycles; near-term upside is limited and volatility is high,” pointed out a Seeking Alpha analysis.
Looking at Seeking Alpha’s Quant Rating, GS has a Hold rating with a score of 3.2 out of 5. The company received F in the prospect of profitability, A in momentum, while it got B+ growth factor.
Turning to the Wall Street community, eight analysts gave GS a Buy and above rating. 15 analysts have given the stock a Hold recommendation, while none recommended Sell or lower.
Seeking Alpha analysts are cautious and see the stock as a Hold.
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