Shares of Credit Suisse Group AG (NYSE:CS) have earned a consensus rating of “Hold” from the fourteen brokerages that are currently covering the stock. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $16.89.

A number of analysts recently issued reports on CS shares. Zacks Investment Research upgraded shares of Credit Suisse Group AG from a “strong sell” rating to a “buy” rating and set a $15.00 price objective for the company in a report on Tuesday, October 11th. Macquarie lowered shares of Credit Suisse Group AG from an “outperform” rating to a “neutral” rating in a research report on Friday, November 4th. Keefe, Bruyette & Woods upgraded shares of Credit Suisse Group AG from a “market perform” rating to an “outperform” rating in a research report on Thursday, November 10th. Finally, Bank of America Corp. upgraded shares of Credit Suisse Group AG from a “neutral” rating to a “buy” rating and set a $16.00 target price for the company in a research report on Monday, November 14th.

Credit Suisse Group AG (NYSE:CS) opened at 13.98 on Wednesday. The firm’s market capitalization is $29.19 billion. Credit Suisse Group AG has a 52-week low of $10.01 and a 52-week high of $23.38. The company’s 50-day moving average is $13.37 and its 200-day moving average is $12.79.

A number of large investors have recently made changes to their positions in the stock. Greenwich Wealth Management LLC bought a new stake in shares of Credit Suisse Group AG during the second quarter worth $11,584,000. Eaton Vance Management increased its stake in shares of Credit Suisse Group AG by 93.4% in the third quarter. Eaton Vance Management now owns 1,946,441 shares of the company’s stock worth $25,576,000 after buying an additional 939,896 shares in the last quarter. Brandes Investment Partners LP increased its stake in shares of Credit Suisse Group AG by 13.1% in the second quarter. Brandes Investment Partners LP now owns 6,299,201 shares of the company’s stock worth $67,401,000 after buying an additional 731,888 shares in the last quarter. Morgan Stanley increased its stake in shares of Credit Suisse Group AG by 172.8% in the third quarter. Morgan Stanley now owns 994,742 shares of the company’s stock worth $13,071,000 after buying an additional 630,106 shares in the last quarter. Finally, Dodge & Cox increased its stake in shares of Credit Suisse Group AG by 62.1% in the second quarter. Dodge & Cox now owns 1,424,729 shares of the company’s stock worth $15,245,000 after buying an additional 546,042 shares in the last quarter. 2.23% of the stock is currently owned by institutional investors and hedge funds.

About Credit Suisse Group AG

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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