18.10.2016 - Report of Goldman Sachs Group pleased investors
Goldman Sachs Group has published data for the 3rd quarter according to which the profit amounted 2.09 billion dollars compared to 1.43 billion a year earlier. Revenue rose to 8.17 billion dollars, which is significantly more than 6.86 billion dollars in the same period last year. Revenue from trading in the company rose by 17%. According to our forecasts, the price may rise in the near future, but the potential increase will be limited. We maintain our medium-term negative forecast with the potential fall by 10-15%.