Credit Suisse Group (CS) Receiving Favorable Press Coverage, Report Finds

Press coverage about Credit Suisse Group (NYSE:CS) has trended positive on Wednesday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Credit Suisse Group earned a news impact score of 0.44 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 45.3481727164722 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the media stories that may have effected Accern’s analysis:

A number of equities analysts recently weighed in on CS shares. Macquarie upgraded shares of Credit Suisse Group from an “underperform” rating to a “neutral” rating in a research report on Wednesday, November 15th. JPMorgan Chase & Co. restated a “buy” rating on shares of Credit Suisse Group in a research report on Monday, November 20th. Citigroup restated a “buy” rating on shares of Credit Suisse Group in a research report on Friday, December 1st. Goldman Sachs Group restated a “buy” rating on shares of Credit Suisse Group in a research report on Tuesday, December 5th. Finally, UBS Group restated a “buy” rating on shares of Credit Suisse Group in a research report on Monday, December 11th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $22.00.

Credit Suisse Group (CS) traded up $0.98 during mid-day trading on Wednesday, reaching $18.66. 6,373,990 shares of the company’s stock traded hands, compared to its average volume of 3,912,245. Credit Suisse Group has a fifty-two week low of $13.28 and a fifty-two week high of $19.98. 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 company has a market capitalization of $45,036.93, a price-to-earnings ratio of -29.62 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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