Credit Suisse Group AG (NYSE:CS) has earned a consensus rating of “Hold” from the fifteen research firms that are covering the stock. Five equities research analysts have rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $16.55.

A number of brokerages recently commented on CS. JPMorgan Chase & Co. restated an “underweight” rating on shares of Credit Suisse Group AG in a report on Monday, June 20th. Sanford C. Bernstein began coverage on Credit Suisse Group AG in a report on Monday, July 11th. They set an “underperform” rating for the company. Royal Bank Of Canada downgraded Credit Suisse Group AG from an “outperform” rating to a “sector perform” rating in a report on Tuesday, June 28th. Barclays PLC downgraded Credit Suisse Group AG to a “hold” rating in a report on Monday, June 27th. Finally, Zacks Investment Research raised Credit Suisse Group AG from a “strong sell” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Tuesday, October 11th.

Large investors have recently added to or reduced their stakes in the company. Brave Asset Management Inc bought a new stake in Credit Suisse Group AG during the second quarter worth approximately $105,000. First Allied Advisory Services Inc. acquired a new stake in Credit Suisse Group AG during the second quarter valued at approximately $108,000. Traynor Capital Management Inc. acquired a new stake in Credit Suisse Group AG during the second quarter valued at approximately $110,000. Cambridge Investment Research Advisors Inc. acquired a new stake in Credit Suisse Group AG during the second quarter valued at approximately $110,000. Finally, Bessemer Group Inc. acquired a new stake in Credit Suisse Group AG during the second quarter valued at approximately $115,000. 2.14% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Credit Suisse Group AG (NYSE:CS) opened at 13.04 on Wednesday. The company’s market capitalization is $27.14 billion. The stock’s 50 day moving average price is $13.18 and its 200-day moving average price is $12.92. Credit Suisse Group AG has a 1-year low of $10.01 and a 1-year high of $26.30.

Credit Suisse Group AG Company Profile

Credit Suisse Group AG (Credit Suisse) is a global financial services company. The Company operates in three segments: Private Banking & Wealth Management and Investment Banking. Private Banking & Wealth Management offers advice and a range of financial solutions to private, corporate and institutional clients.

5 Day Chart for NYSE:CS

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