Our rating currently is a 'Buy' rating for Goldman Sachs. [...] Let's say Goldman produces $5 of earnings on Tuesday when they report. That's maybe a mid-, hi-teen ROE, book value will be around 120, 1.5x book, which is what a mid-to-hi-teens ROE supports, would imply $180, $190 stock.
~ Charles Peabody, Portales Partners, Bloomberg News, April 16, 2010
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