Credit Suisse Group (NYSE:CS) was upgraded by equities research analysts at Societe Generale to a “buy” rating in a report issued on Thursday.
A number of other analysts have also recently issued reports on the company. Morgan Stanley reissued a “buy” rating on shares of Credit Suisse Group in a research report on Tuesday. Zacks Investment Research raised Credit Suisse Group from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research report on Tuesday, January 23rd. Barclays assumed coverage on Credit Suisse Group in a report on Tuesday, January 16th. They set an “underweight” rating on the stock. UBS Group restated a “buy” rating on shares of Credit Suisse Group in a report on Monday, December 11th. Finally, Goldman Sachs Group restated a “buy” rating on shares of Credit Suisse Group in a report on Tuesday, December 5th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $22.00.
Shares of Credit Suisse Group (CS) opened at $18.66 on Thursday. The stock has a market capitalization of $45,190.29, a price-to-earnings ratio of -29.62 and a beta of 1.40. Credit Suisse Group has a 12-month low of $13.28 and a 12-month high of $19.98. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 4.09.
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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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