Goldman Sachs Group reissued their buy rating on shares of Credit Suisse Group (NYSE:CS) in a report issued on Tuesday morning.

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.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Earnest Partners LLC raised its position in Credit Suisse Group by 6.3% in the 3rd quarter. Earnest Partners LLC now owns 7,588,346 shares of the financial services provider’s stock valued at $119,896,000 after buying an additional 451,238 shares during the last quarter. Brandes Investment Partners LP raised its position in Credit Suisse Group by 8.3% in the 2nd quarter. Brandes Investment Partners LP now owns 6,781,049 shares of the financial services provider’s stock valued at $99,003,000 after buying an additional 519,038 shares during the last quarter. Northern Trust Corp raised its position in Credit Suisse Group by 1.0% in the 2nd quarter. Northern Trust Corp now owns 1,982,008 shares of the financial services provider’s stock valued at $28,937,000 after buying an additional 18,880 shares during the last quarter. Parametric Portfolio Associates LLC raised its position in Credit Suisse Group by 6.2% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,822,612 shares of the financial services provider’s stock valued at $26,610,000 after buying an additional 106,086 shares during the last quarter. Finally, Tocqueville Asset Management L.P. raised its position in Credit Suisse Group by 22.8% in the 3rd quarter. Tocqueville Asset Management L.P. now owns 1,423,532 shares of the financial services provider’s stock valued at $22,492,000 after buying an additional 264,053 shares during the last quarter. 2.85% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Credit Suisse Group (NYSE:CS)

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