Positive News Coverage Somewhat Unlikely to Affect Credit Suisse Group (CS) Share Price

Media headlines about Credit Suisse Group (NYSE:CS) have trended positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Credit Suisse Group earned a coverage optimism score of 0.32 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.7798304486706 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:

Shares of NYSE:CS opened at $15.22 on Tuesday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.89. Credit Suisse Group has a 12-month low of $13.71 and a 12-month high of $19.98. The stock has a market capitalization of $39.41 billion, a price-to-earnings ratio of 28.19 and a beta of 1.40.

Credit Suisse Group (NYSE:CS) last issued its quarterly earnings results on Wednesday, April 25th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.02). Credit Suisse Group had a positive return on equity of 3.52% and a negative net margin of 2.62%. The business had revenue of $5.94 billion during the quarter. sell-side analysts expect that Credit Suisse Group will post 1.27 earnings per share for the current year.

A number of research firms recently commented on CS. ValuEngine raised Credit Suisse Group from a “sell” rating to a “hold” rating in a research note on Tuesday, May 8th. Zacks Investment Research lowered Credit Suisse Group from a “hold” rating to a “sell” rating in a research note on Monday, March 12th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Credit Suisse Group in a research note on Wednesday, March 7th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $21.00.

Credit Suisse Group Company Profile

Credit Suisse Group AG, together with its subsidiaries, provides various financial services worldwide. It operates through six segments: Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, Investment Banking & Capital Markets, and Strategic Resolution Unit. The company offers private banking and wealth management solutions, including advisory, investment, financial planning, succession planning, and trust services; and financing and lending, and multi-shore platform solutions.

Insider Buying and Selling by Quarter for Credit Suisse Group (NYSE:CS)

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