Credit Suisse Group (NYSE:CS)‘s stock had its “buy” rating reaffirmed by analysts at Morgan Stanley in a research note issued to investors on Tuesday.
Several other equities analysts also recently weighed in on CS. Zacks Investment Research upgraded shares of Credit Suisse Group from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a report on Wednesday, January 10th. Barclays assumed coverage on shares of Credit Suisse Group in a report on Tuesday, January 16th. They set an “underweight” rating for the company. Citigroup restated a “buy” rating on shares of Credit Suisse Group in a report on Friday, December 1st. Macquarie upgraded shares of Credit Suisse Group from an “underperform” rating to a “neutral” rating in a report on Wednesday, November 15th. Finally, Societe Generale downgraded shares of Credit Suisse Group from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $22.00.
Credit Suisse Group (NYSE CS) traded up $0.06 during trading hours on Tuesday, reaching $17.68. 2,627,772 shares of the company’s stock traded hands, compared to its average volume of 3,830,186. 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. The stock has a market cap of $44,980.00, a P/E ratio of -23.26 and a beta of 1.40.
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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.
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