why Goldman Sachs BDC Inc [GSBD] is a Good Choice for Investors After New Price Target of $15.17

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Goldman Sachs BDC Inc [NYSE: GSBD] jumped around 0.02 points on Wednesday, while shares priced at $15.45 at the close of the session, up 0.13%.

Compared to the average trading volume of 618.46K shares, GSBD reached a trading volume of 300535 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about Goldman Sachs BDC Inc [GSBD]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GSBD shares is $15.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GSBD stock is a recommendation set at 3.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wells Fargo have made an estimate for Goldman Sachs BDC Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on May 29, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price to Neutral. The new note on the price target was released on September 19, 2022, representing the official price target for Goldman Sachs BDC Inc stock. On March 25, 2020, analysts decreased their price target for GSBD shares from 20.25 to 15.75.

The Average True Range (ATR) for Goldman Sachs BDC Inc is set at 0.19, with the Price to Sales ratio for GSBD stock in the period of the last 12 months amounting to 3.78. The Price to Book ratio for the last quarter was 1.04, with the Price to Cash per share for the same quarter was set at 0.47. Price to Free Cash Flow for GSBD in the course of the last twelve months was 6.29.

How has GSBD stock performed recently?

Goldman Sachs BDC Inc [GSBD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.47. With this latest performance, GSBD shares gained by 0.52% in over the last four-week period, additionally plugging by 5.82% over the last 6 months – not to mention a rise of 11.31% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GSBD stock in for the last two-week period is set at 51.38, with the RSI for the last a single of trading hit 51.45, and the three-weeks RSI is set at 51.38 for Goldman Sachs BDC Inc [GSBD]. The present Moving Average for the last 50 days of trading for this stock 15.45, while it was recorded at 15.34 for the last single week of trading, and 14.99 for the last 200 days.

Earnings analysis for Goldman Sachs BDC Inc [GSBD]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GSBD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Goldman Sachs BDC Inc go to -2.28%.

Insider trade positions for Goldman Sachs BDC Inc [GSBD]

The top three institutional holders of GSBD stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in GSBD stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in GSBD stock with ownership which is approximately 5.1238%.

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