Credit Suisse Group AG (CS) Given Consensus Rating of “Buy” by Brokerages
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.
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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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