Shares of Credit Suisse Group (NYSE:CS) have been given an average rating of “Buy” by the sixteen research firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and twelve have issued a buy recommendation on the company.

Several equities analysts recently issued reports on CS shares. Deutsche Bank AG reiterated a “buy” rating on shares of Credit Suisse Group in a research report on Thursday, July 20th. Royal Bank Of Canada upgraded Credit Suisse Group from a “sector perform” rating to an “outperform” rating in a research report on Friday, October 6th. Zacks Investment Research lowered Credit Suisse Group from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Societe Generale raised Credit Suisse Group from a “hold” rating to a “buy” rating in a research report on Monday, September 11th. Finally, BidaskClub downgraded Credit Suisse Group from a “hold” rating to a “sell” rating in a research report on Monday, August 14th.

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Shares of Credit Suisse Group (NYSE:CS) traded down $0.01 during trading hours on Monday, reaching $16.17. The company’s stock had a trading volume of 2,035,207 shares, compared to its average volume of 3,024,460. Credit Suisse Group has a 12-month low of $12.34 and a 12-month high of $16.46. The company has a debt-to-equity ratio of 4.09, a current ratio of 1.41 and a quick ratio of 1.41.

Several hedge funds have recently made changes to their positions in the company. JFS Wealth Advisors LLC boosted its stake in shares of Credit Suisse Group by 5.0% during the second quarter. JFS Wealth Advisors LLC now owns 7,036 shares of the financial services provider’s stock valued at $103,000 after purchasing an additional 338 shares in the last quarter. US Bancorp DE increased its holdings in Credit Suisse Group by 2.1% in the second quarter. US Bancorp DE now owns 19,345 shares of the financial services provider’s stock worth $283,000 after purchasing an additional 399 shares in the last quarter. TD Asset Management Inc. increased its holdings in Credit Suisse Group by 2.3% in the second quarter. TD Asset Management Inc. now owns 18,467 shares of the financial services provider’s stock worth $270,000 after purchasing an additional 423 shares in the last quarter. Auxier Asset Management increased its holdings in Credit Suisse Group by 0.4% in the second quarter. Auxier Asset Management now owns 214,368 shares of the financial services provider’s stock worth $3,130,000 after purchasing an additional 925 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its holdings in Credit Suisse Group by 7.6% in the second quarter. Oppenheimer & Co. Inc. now owns 24,200 shares of the financial services provider’s stock worth $354,000 after purchasing an additional 1,700 shares in the last quarter. 2.95% of the stock is currently owned by hedge funds and other institutional investors.

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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