Royal Bank of Canada reaffirmed their sector perform rating on shares of Credit Suisse Group (NYSE:CS) in a research note published on Wednesday, The Fly reports.

Several other equities analysts also recently weighed in on the company. Barclays upgraded Credit Suisse Group from an equal weight rating to an overweight rating in a research report on Monday, February 22nd. Bank of America lowered shares of Credit Suisse Group from a neutral rating to an underperform rating in a report on Tuesday. Exane BNP Paribas downgraded Credit Suisse Group from an outperform rating to a neutral rating in a report on Wednesday. Societe Generale cut Credit Suisse Group from a buy rating to a hold rating in a report on Tuesday. Finally, BNP Paribas lowered Credit Suisse Group from an outperform rating to a neutral rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of $11.25.

Shares of NYSE CS opened at $10.87 on Wednesday. The company has a 50-day simple moving average of $13.15 and a 200-day simple moving average of $12.34. The company has a debt-to-equity ratio of 3.57, a current ratio of 1.35 and a quick ratio of 1.35. The company has a market cap of $26.61 billion, a PE ratio of 6.84, a price-to-earnings-growth ratio of 0.66 and a beta of 1.60. Credit Suisse Group has a 12 month low of $7.33 and a 12 month high of $14.95.

Credit Suisse Group (NYSE:CS) last released its earnings results on Thursday, February 18th. The financial services provider reported ($0.17) EPS for the quarter. Credit Suisse Group had a return on equity of 8.32% and a net margin of 11.83%. The firm had revenue of $5.78 billion during the quarter. On average, analysts anticipate that Credit Suisse Group will post 1.63 EPS for the current year.

A number of hedge funds have recently made changes to their positions in the business. AXA S.A. bought a new stake in Credit Suisse Group in the third quarter valued at about $27,000. Fieldpoint Private Securities LLC bought a new position in Credit Suisse Group during the fourth quarter worth $41,000. Chiron Capital Management LLC acquired a new position in Credit Suisse Group in the third quarter worth $46,000. Virtu Financial LLC bought a new stake in Credit Suisse Group during the third quarter valued at $119,000. Finally, CAPROCK Group Inc. raised its holdings in shares of Credit Suisse Group by 8.1% during the fourth quarter. CAPROCK Group Inc. now owns 10,830 shares of the financial services provider’s stock worth $139,000 after purchasing an additional 810 shares during the period. 2.07% of the stock is owned by institutional investors.

Credit Suisse Group Company Profile

Credit Suisse Group AG, together with its subsidiaries, provides various financial services in Switzerland, Europe, the Middle East, Africa, the Americas, and Asia Pacific. The company offers private banking and wealth management solutions, including advisory, investment, financial planning, succession planning, and trust services; and financing and lending, and multi-shore platform solutions.

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Analyst Recommendations for Credit Suisse Group (NYSE:CS)

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