Goldman Sachs Is Trading at Discount to Peers
Goldman Sachs (GS) stock has risen 15.4% over the past six months and 5.4% over the past year.
Bitcoin’s performance has been very volatile. Some believe its future is not looking stable with government intervention in some countries.
Analysts have given GS a mean price target of $268.29, implying a 2% rise from its current level of $262.58.
With interest rates rising, net interest margins for commercial banks are increasing, which leads to an increase in ROE (return on equity).
Goldman Sachs’s (GS) main driver of rising expenses is its investment in Marcus, which led to an increase in total expenses.
Net revenues for Goldman Sachs’s (GS) investment management segment were $6.2 billion, a 7% rise year-over-year.
Goldman Sachs’s (GS) investing and lending segment produced revenues of $1.7 billion in 4Q17, a 12% rise from 4Q16 and 12% lower than 3Q16.
Goldman Sachs’s (GS) equity net revenues were $1.4 billion in 4Q17, an 18% fall sequentially.
Goldman Sachs’s (GS) net revenues in its ICS (Institutional Client Services) segment fell 24% to $2.4 billion compared to 3Q17.
Goldman Sachs’s (GS) investment banking division produced revenues of $2.1 billion, a 19% rise over 3Q17.
Goldman Sachs reported revenues of $7.8 billion in 4Q17. After considering the one-time tax charge, it reported a loss of $1.9 billion.
As of February 2018, four of eight analysts covering Evercore stock gave it a “buy” or “strong buy” rating, and the remaining four gave it a “hold.”
Evercore (EVR) stock has risen 24% over the past six months and 20.6% over the past year.
Evercore (EVR) has been very committed to rewarding its shareholders in the form of dividends as well as buybacks.
Evercore generated 25% of its fees from its technology, media, and telecom sector, 20% from its energy sector, and 17% from its financials sector in 4Q17.
Evercore’s (EVR) investment management revenue in 4Q17 fell 26% to $13.2 million compared to $18 million in 4Q16.
Evercore’s (EVR) investment banking segment reported net revenues of $518.8 million in 4Q17 compared to $427.4 million in 3Q16.
Evercore’s (EVR) revenues were $540 million in 4Q17, or 21% higher than 4Q16. Revenues of $1.7 billion for 2017 was 18% higher than 2016.
Analysts gave USB a mean price target of $59.5, implying a ~9% rise from its current level of $54.80.
Bancorp’s (USB) stock has risen 3.2% over the past six months and 3.0% over the past year.