Credit Suisse Group (NYSE:CS)‘s stock had its “buy” rating reiterated by equities researchers at Goldman Sachs Group in a report issued on Tuesday.

Other equities analysts have also issued reports about the company. Citigroup reissued a “buy” rating on shares of Credit Suisse Group in a research note on Thursday, August 10th. Zacks Investment Research raised Credit Suisse Group from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research note on Wednesday, September 13th. Macquarie raised Credit Suisse Group from an “underperform” rating to a “neutral” rating in a research note on Wednesday, November 15th. Royal Bank Of Canada upgraded Credit Suisse Group from a “sector perform” rating to an “outperform” rating in a report on Friday, October 6th. Finally, J P Morgan Chase & Co restated a “buy” rating on shares of Credit Suisse Group in a report on Monday, November 20th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the stock. Credit Suisse Group currently has a consensus rating of “Buy” and an average price target of $17.00.

Credit Suisse Group (NYSE:CS) traded down $0.32 during trading hours on Tuesday, hitting $16.88. The stock had a trading volume of 2,667,815 shares, compared to its average volume of 3,747,735. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 4.09. Credit Suisse Group has a 52 week low of $13.28 and a 52 week high of $17.30.

A number of large investors have recently made changes to their positions in the business. Earnest Partners LLC lifted its holdings in Credit Suisse Group by 6.3% during the 3rd quarter. Earnest Partners LLC now owns 7,588,346 shares of the financial services provider’s stock worth $119,896,000 after purchasing an additional 451,238 shares in the last quarter. Brandes Investment Partners LP lifted its position in shares of Credit Suisse Group by 8.3% in the second quarter. Brandes Investment Partners LP now owns 6,781,049 shares of the financial services provider’s stock valued at $99,003,000 after acquiring an additional 519,038 shares in the last quarter. Northern Trust Corp lifted its position in shares of Credit Suisse Group by 1.0% in the second quarter. Northern Trust Corp now owns 1,982,008 shares of the financial services provider’s stock worth $28,937,000 after buying an additional 18,880 shares in the last quarter. Parametric Portfolio Associates LLC lifted its position in shares of Credit Suisse Group by 6.2% in the second quarter. Parametric Portfolio Associates LLC now owns 1,822,612 shares of the financial services provider’s stock worth $26,610,000 after buying an additional 106,086 shares in the last quarter. Finally, Tocqueville Asset Management L.P. lifted its position in shares of Credit Suisse Group by 22.8% in the third quarter. Tocqueville Asset Management L.P. now owns 1,423,532 shares of the financial services provider’s stock worth $22,492,000 after buying an additional 264,053 shares in the last quarter. Hedge funds and other institutional investors own 2.85% of the company’s stock.

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Credit Suisse Group Company Profile

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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