Credit Suisse Group (CS) Receives “Buy” Rating from Goldman Sachs Group
A number of other equities analysts have also weighed in on the company. Citigroup reaffirmed a buy rating on shares of Credit Suisse Group in a research report on Friday, December 1st. BidaskClub lowered Credit Suisse Group from a hold rating to a sell rating in a research report on Monday, August 14th. Zacks Investment Research lowered Credit Suisse Group from a buy rating to a hold rating in a research report on Wednesday, September 27th. Santander raised Credit Suisse Group from an underperform rating to a buy rating in a research report on Tuesday, September 26th. Finally, Royal Bank Of Canada raised Credit Suisse Group from a sector perform rating to an outperform rating in a research report on Friday, October 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of $17.00.
Shares of Credit Suisse Group (NYSE:CS) traded down $0.32 on Tuesday, reaching $16.88. The company’s stock had a trading volume of 2,667,800 shares, compared to its average volume of 3,747,735. Credit Suisse Group has a 12-month low of $13.28 and a 12-month high of $17.30. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 4.09.
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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.
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