Credit Suisse Group AG (CS) Receives $18.00 Average Target Price from Analysts

Shares of Credit Suisse Group AG (NYSE:CS) have been assigned an average recommendation of “Hold” from the ten analysts that are currently covering the company. Three equities research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and six have assigned a buy recommendation to the company.

A number of brokerages have weighed in on CS. Zacks Investment Research raised shares of Credit Suisse Group AG from a “sell” rating to a “hold” rating in a research report on Monday, December 26th. Citigroup Inc reaffirmed a “buy” rating on shares of Credit Suisse Group AG in a research report on Friday, January 27th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Credit Suisse Group AG in a research report on Tuesday, March 14th. Barclays PLC raised shares of Credit Suisse Group AG from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, January 4th. Finally, Keefe, Bruyette & Woods raised shares of Credit Suisse Group AG from a “market perform” rating to an “outperform” rating in a research report on Tuesday, January 31st.

Credit Suisse Group AG (NYSE:CS) traded down 0.62% during trading on Tuesday, reaching $14.45. 3,762,588 shares of the company’s stock traded hands. Credit Suisse Group AG has a 1-year low of $10.01 and a 1-year high of $16.17. The firm’s market capitalization is $30.20 billion. The firm has a 50 day moving average of $14.88 and a 200 day moving average of $14.61.



Credit Suisse Group AG (NYSE:CS) last announced its quarterly earnings results on Tuesday, February 14th. The financial services provider reported ($1.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by $1.18. The business had revenue of $5.18 billion for the quarter. Credit Suisse Group AG had a negative net margin of 27.07% and a negative return on equity of 4.12%. Equities analysts forecast that Credit Suisse Group AG will post $1.08 EPS for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. united american securities inc. d b a uas asset management purchased a new position in Credit Suisse Group AG during the third quarter worth approximately $131,000. Roundview Capital LLC purchased a new position in Credit Suisse Group AG during the fourth quarter worth approximately $149,000. Edge Wealth Management LLC purchased a new position in Credit Suisse Group AG during the first quarter worth approximately $149,000. Riverhead Capital Management LLC boosted its position in Credit Suisse Group AG by 484.2% in the third quarter. Riverhead Capital Management LLC now owns 11,952 shares of the financial services provider’s stock worth $157,000 after buying an additional 9,906 shares during the last quarter. Finally, United Capital Financial Advisers LLC boosted its position in Credit Suisse Group AG by 17.0% in the fourth quarter. United Capital Financial Advisers LLC now owns 11,841 shares of the financial services provider’s stock worth $169,000 after buying an additional 1,717 shares during the last quarter. 2.25% of the stock is currently owned by institutional investors and hedge funds.

WARNING: “Credit Suisse Group AG (CS) Receives $18.00 Average Target Price from Analysts” was originally posted by Markets Daily and is owned by of Markets Daily. If you are accessing this piece on another publication, it was stolen and republished in violation of United States & international trademark and copyright laws. The correct version of this piece can be read at https://www.themarketsdaily.com/2017/04/21/credit-suisse-group-ag-cs-receives-18-00-average-target-price-from-analysts.html.

About Credit Suisse Group AG

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.

5 Day Chart for NYSE:CS

Receive News & Ratings for Credit Suisse Group AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credit Suisse Group AG and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply