Credit Suisse Group AG (NYSE:CS) has been assigned a consensus rating of “Buy” from the fifteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and eleven have issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $21.00.
Several analysts have commented on the company. Zacks Investment Research lowered Credit Suisse Group from a “buy” rating to a “hold” rating in a report on Friday, January 19th. Morgan Stanley reissued a “buy” rating on shares of Credit Suisse Group in a report on Tuesday, February 13th. Macquarie raised Credit Suisse Group from an “underperform” rating to a “neutral” rating in a report on Wednesday, November 15th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Credit Suisse Group in a report on Monday, November 20th. Finally, UBS Group reissued a “buy” rating on shares of Credit Suisse Group in a report on Monday, December 11th.
Shares of Credit Suisse Group (CS) traded up $0.04 on Wednesday, reaching $18.78. The company’s stock had a trading volume of 2,208,000 shares, compared to its average volume of 3,826,746. The company has a debt-to-equity ratio of 4.10, a quick ratio of 1.41 and a current ratio of 1.39. Credit Suisse Group has a one year low of $13.28 and a one year high of $19.98. The firm has a market capitalization of $48,001.91, a price-to-earnings ratio of 31.30 and a beta of 1.40.
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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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