Credit Suisse Group (NYSE:CS) was upgraded by investment analysts at Societe Generale from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday, February 15th, MarketBeat.com reports.
Other research analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of Credit Suisse Group from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a research note on Wednesday, January 10th. Morgan Stanley reiterated a “buy” rating on shares of Credit Suisse Group in a research note on Tuesday, February 13th. Barclays began coverage on shares of Credit Suisse Group in a research note on Tuesday, January 16th. They issued an “underweight” rating on the stock. Citigroup reissued a “buy” rating on shares of Credit Suisse Group in a research report on Friday, December 1st. Finally, Macquarie raised shares of Credit Suisse Group from an “underperform” rating to a “neutral” rating in a research report on Wednesday, November 15th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $21.00.
Credit Suisse Group (NYSE:CS) opened at $18.38 on Thursday. Credit Suisse Group has a twelve month low of $13.28 and a twelve month high of $19.98. The firm has a market cap of $46,780.00, a PE ratio of 31.69 and a beta of 1.39. The company has a current ratio of 1.39, a quick ratio of 1.41 and a debt-to-equity ratio of 4.10.
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About Credit Suisse Group
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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