Credit Suisse Group (NYSE:CS) was downgraded by equities researchers at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a research note issued to investors on Wednesday, Marketbeat.com reports.
CS has been the topic of a number of other research reports. Societe Generale reiterated a “hold” rating on shares of Credit Suisse Group in a report on Friday, November 2nd. ValuEngine cut Credit Suisse Group from a “hold” rating to a “sell” rating in a report on Friday, September 7th. Zacks Investment Research upgraded Credit Suisse Group from a “sell” rating to a “hold” rating in a report on Tuesday, November 6th. Barclays upgraded Credit Suisse Group from an “underweight” rating to a “hold” rating and set a $16.00 target price on the stock in a report on Monday, September 10th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Credit Suisse Group in a report on Tuesday, September 4th. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $16.50.
Shares of Credit Suisse Group stock opened at $11.96 on Wednesday. Credit Suisse Group has a twelve month low of $11.69 and a twelve month high of $19.98. The firm has a market capitalization of $30.57 billion, a P/E ratio of 22.15 and a beta of 1.37. The company has a debt-to-equity ratio of 3.82, a quick ratio of 1.39 and a current ratio of 1.39.
About Credit Suisse Group
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.
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