Goodman Group (OTCMKTS:GMGSF) Trading Down 1.5% – What’s Next?

Goodman Group (OTCMKTS:GMGSF) shares fell 1.5% during mid-day trading on Thursday . The stock traded as low as $20.42 and last traded at $21.67. 215 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 1,220 shares. The stock had previously closed at $22.00.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group set a $39.00 price objective on Goodman Group and gave the company a “buy” rating in a report on Thursday, June 12th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Goodman Group presently has a consensus rating of “Buy” and an average target price of $39.00.

Goodman Group Trading Down 1.5%

The company’s fifty day moving average price is $21.86 and its 200 day moving average price is $20.42.

About Goodman Group

Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom and the Americas. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally.