Company Update: The Goldman Sachs Group Inc (NYSE:GS) – Goldman Sachs raising $5 billion-$8 billion private equity fund: WSJ

[Reuters] – Citing people familiar with the matter, the Journal said Goldman hoped to raise about $500 million from its employees and was aiming for an initial close by the end of the year. The new buyout fund is smaller than prior ones, less than half the $20 billion Goldman raised in 2007 for GS Capital Partners VI, the Journal said. The company will contribute just a tiny slice of its own capital this time to comply with post-crisis rules meant to make banks safer, the Journal added, citing unidentified sources. Read more on this. , currently valued at $irecting to http://finance.ya, ended trading at $. Looking at today’s trading action, the company’s one day range from $ with its 52-week range being $. GS shares are currently priced at x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s x forward p/e ratio. In a review of the consensus earnings estimate this quarter, 0 sell-side analysts are looking at $ per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $ is a $0.00 worse when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $0.00 . If realized, that would be a 0.00% decrease over the year-ago quarter. Recently, d GS from to (/f). Previously, d GS from to . When considering if the stock is under or overvalued, the average price target is $, which is 0.00% below where the stock opened this morning. See more in (NYSE:GS) Similar Articles: Company Update: The Goldman Sachs Group Inc (NYSE:GS) – Goldman Sachs Implements Millennial-Friendly Interview Process Market Update: The Goldman Sachs Group Inc (NYSE:GS) – Better Mortgage Secures $30 Million In Funding From Goldman Sachs, Pine Brook, KCK Group, And IA Ventures Company Update: The Goldman Sachs Group Inc (NYSE:GS) – Goldman Sachs cuts forecasts for European, UK equity indices