Shares of Credit Suisse Group AG (NYSE:CS) have been assigned an average recommendation of “Buy” from the fifteen research firms that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and ten have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $22.00.

Several research analysts have recently weighed in on CS shares. Zacks Investment Research upgraded Credit Suisse Group from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a research note on Wednesday, January 10th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Credit Suisse Group in a research note on Monday, November 20th. Morgan Stanley reiterated a “buy” rating on shares of Credit Suisse Group in a research note on Tuesday. Barclays started coverage on Credit Suisse Group in a research note on Tuesday, January 16th. They set an “underweight” rating for the company. Finally, UBS Group reiterated a “buy” rating on shares of Credit Suisse Group in a research note on Monday, December 11th.

Shares of Credit Suisse Group (NYSE CS) traded up $0.75 during trading hours on Wednesday, reaching $18.43. The company’s stock had a trading volume of 3,226,375 shares, compared to its average volume of 3,802,167. The company has a market cap of $45,036.93, a P/E ratio of -29.16 and a beta of 1.40. The company has a debt-to-equity ratio of 4.09, a current ratio of 1.41 and a quick ratio of 1.41. Credit Suisse Group has a 52-week low of $13.28 and a 52-week high of $19.98.

Several hedge funds have recently bought and sold shares of the company. Advisor Group Inc. grew its stake in shares of Credit Suisse Group by 16.6% during the 2nd quarter. Advisor Group Inc. now owns 14,437 shares of the financial services provider’s stock worth $210,000 after acquiring an additional 2,055 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in Credit Suisse Group by 25.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,569 shares of the financial services provider’s stock worth $242,000 after purchasing an additional 3,349 shares in the last quarter. Greenleaf Trust lifted its holdings in Credit Suisse Group by 29.4% during the 4th quarter. Greenleaf Trust now owns 15,749 shares of the financial services provider’s stock worth $281,000 after purchasing an additional 3,574 shares in the last quarter. Valeo Financial Advisors LLC lifted its holdings in Credit Suisse Group by 39.8% during the 4th quarter. Valeo Financial Advisors LLC now owns 12,867 shares of the financial services provider’s stock worth $230,000 after purchasing an additional 3,666 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its holdings in Credit Suisse Group by 20.6% during the 3rd quarter. D.A. Davidson & CO. now owns 24,447 shares of the financial services provider’s stock worth $386,000 after purchasing an additional 4,175 shares in the last quarter. Institutional investors own 2.81% of the company’s stock.

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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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