Goldman Trades at a Discount to Industry: Buy, Sell or Hold?
Goldman Sachs(GS) ZACKS·2024-12-17 18:25
The Goldman Sachs Group, Inc. (GS) stock looks attractive from its valuation perspective. The stock is trading at forward price/earnings (P/E) of 13.75X, a 3.1% discount compared with the industry average of 14.19X.Price-to-Earnings F12M Image Source: Zacks Investment Research GS is also trading at a discount compared with its peer JPMorgan’s (JPM) P/E multiple of 14.26X and Morgan Stanley’s (MS) P/E multiple of 16.41X.The Goldman stock is trading above its 50-day moving average, indicating a bullish sentim ...