June 2 (Bloomberg) -- Google Inc., the owner of the most popular Internet search engine, had its share-price estimate increased 17 percent to $486 by Goldman Sachs Group Inc., which cited the company’s “fast query growth and improving coverage in emerging markets.”

The brokerage boosted its per-share earnings forecast by 2 percent to $21.30 for this year, 8 percent to $23.36 for 2010, and 12 percent to $27.02 for 2011.

Last Updated: June 2, 2009 17:42 EDT