Credit Suisse Group (NYSE:CS) was downgraded by investment analysts at Societe Generale from a “buy” rating to a “hold” rating in a research note issued on Tuesday, MarketBeat reports.
Several other brokerages have also recently commented on CS. Zacks Investment Research raised Credit Suisse Group from a “sell” rating to a “hold” rating in a research report on Monday, December 25th. UBS Group reissued a “buy” rating on shares of Credit Suisse Group in a research report on Monday, December 11th. Goldman Sachs Group reaffirmed a “buy” rating on shares of Credit Suisse Group in a research report on Tuesday, December 5th. Citigroup reaffirmed a “buy” rating on shares of Credit Suisse Group in a research report on Friday, December 1st. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Credit Suisse Group in a research report on Monday, November 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $20.00.
Shares of Credit Suisse Group (NYSE CS) traded up $0.21 during midday trading on Tuesday, reaching $18.96. The company had a trading volume of 2,609,293 shares, compared to its average volume of 1,937,674. Credit Suisse Group has a 1 year low of $13.28 and a 1 year high of $18.96. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 4.09. The firm has a market capitalization of $47,925.22, a PE ratio of -30.10 and a beta of 1.51.
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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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