Goldman Sachs Group Inc. reiterated their neutral rating on shares of Australia & New Zealand Banking Group (ASX:ANZ) in a research report released on Thursday morning, Analyst Ratings Net reports. Goldman Sachs Group Inc. currently has a $6,492.00 price objective on the stock.
Goldman Sachs Group Inc. has also updated their ratings on a number of other stocks in the last week. The firm reiterated its sell rating on shares of Transocean. They have a $50.00 price target on that stock. Also, Goldman Sachs Group Inc. downgraded shares of UBS AG from a conviction-buy rating to a buy rating. Finally, Goldman Sachs Group Inc. upgraded shares of Holly Energy Partners, L.P. from a sell rating to a neutral rating. Goldman Sachs Group Inc. now has a $33.00 price target on that stock, down previously from $37.00.
Australia & New Zealand Banking Group (ASX:ANZ) traded down 1.74% during mid-day trading on Thursday, hitting A$32.140. 5,000 shares of the company’s stock traded hands. Australia & New Zealand Banking Group has a 52 week low of A$23.420 and a 52 week high of A$34.060. The stock has a 50-day moving average of A$31.63 and a 200-day moving average of A$29.76. The company has a market cap of A$87.295 billion and a price-to-earnings ratio of 14.58.
Australia and New Zealand Banking Group Limited (ASX:ANZ) provides a range of banking and financial products and services to retail, small business, corporate and institutional clients.
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