Credit Suisse Group (NYSE:CS)‘s stock had its “buy” rating reaffirmed by investment analysts at UBS Group AG in a research report issued on Tuesday.

Several other equities analysts have also recently commented on CS. Deutsche Bank AG raised Credit Suisse Group from a “hold” rating to a “buy” rating in a report on Monday, June 19th. Bank of America Corporation started coverage on Credit Suisse Group in a report on Monday, June 19th. They issued a “buy” rating for the company. Morgan Stanley reaffirmed a “buy” rating on shares of Credit Suisse Group in a report on Tuesday, June 20th. J P Morgan Chase & Co started coverage on Credit Suisse Group in a report on Monday, June 26th. They issued an “overweight” rating for the company. Finally, ValuEngine raised Credit Suisse Group from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the company. Credit Suisse Group has a consensus rating of “Buy” and a consensus target price of $17.00.

Credit Suisse Group (NYSE CS) opened at 14.68 on Tuesday. The firm’s market cap is $37.48 billion. Credit Suisse Group has a 12 month low of $12.25 and a 12 month high of $16.17. The stock has a 50 day moving average price of $15.12 and a 200 day moving average price of $14.83.

Credit Suisse Group (NYSE:CS) last announced its earnings results on Friday, July 28th. The financial services provider reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.18 by $0.05. Credit Suisse Group had a negative net margin of 4.84% and a negative return on equity of 2.93%. The business had revenue of $5.28 billion for the quarter. On average, equities analysts expect that Credit Suisse Group will post $1.08 earnings per share for the current fiscal year.

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Several institutional investors and hedge funds have recently modified their holdings of CS. JFS Wealth Advisors LLC raised its holdings in shares of Credit Suisse Group by 5.0% in the 2nd quarter. JFS Wealth Advisors LLC now owns 7,036 shares of the financial services provider’s stock worth $103,000 after buying an additional 338 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in shares of Credit Suisse Group by 75.7% in the 2nd quarter. Quadrant Capital Group LLC now owns 10,367 shares of the financial services provider’s stock worth $131,000 after buying an additional 4,466 shares in the last quarter. Two Sigma Securities LLC acquired a new position in shares of Credit Suisse Group in the 1st quarter worth approximately $153,000. M&T Bank Corp acquired a new position in shares of Credit Suisse Group in the 2nd quarter worth approximately $154,000. Finally, Fiera Capital Corp acquired a new position in shares of Credit Suisse Group in the 2nd quarter worth approximately $164,000. 2.95% of the stock is owned by institutional investors and hedge funds.

About Credit Suisse Group

Credit Suisse Group AG (Credit Suisse) is a financial services company. The Company’s segments include Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, Investment Banking & Capital Markets, Strategic Resolution Unit and Corporate Center. It offers a range of private banking and wealth management solutions to its clients in its Swiss Universal Bank, International Wealth Management and Asia Pacific divisions.

Analyst Recommendations for Credit Suisse Group (NYSE:CS)

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