Credit Suisse Group (CS) Getting Somewhat Positive News Coverage, Analysis Finds

Media coverage about Credit Suisse Group (NYSE:CS) has been trending somewhat positive on Friday, AlphaOne Sentiment Analysis reports. The research firm, a division of Accern, rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. AlphaOne 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 news sentiment score of 0.21 on AlphaOne’s scale. AlphaOne also gave press coverage about the financial services provider an impact score of 71 out of 100, meaning that recent press coverage is likely to have an impact on the company’s share price in the immediate future.

Here are some of the media headlines that may have impacted AlphaOne’s analysis:

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

Credit Suisse Group (NYSE:CS) traded up 1.27% during midday trading on Friday, reaching $13.54. The company’s stock had a trading volume of 3,953,193 shares. The company has a 50 day moving average price of $14.43 and a 200 day moving average price of $14.88. The firm’s market cap is $28.21 billion. Credit Suisse Group has a 1-year low of $10.01 and a 1-year high of $16.17.

Credit Suisse Group (NYSE:CS) last issued its quarterly earnings results on Wednesday, April 26th. The financial services provider reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.07. The company had revenue of $5.51 billion for the quarter. Credit Suisse Group had a negative return on equity of 3.20% and a negative net margin of 5.90%. On average, equities research analysts expect that Credit Suisse Group will post $1.08 EPS for the current year.

The company also recently announced an annual dividend, which was paid on Friday, May 26th. Investors of record on Wednesday, May 10th were given a $0.7042 dividend. This represents a dividend yield of 4.6%. The ex-dividend date was Monday, May 8th. Credit Suisse Group’s dividend payout ratio (DPR) is currently -96.00%.

CS has been the topic of a number of research analyst reports. Morgan Stanley raised Credit Suisse Group from an “equal weight” rating to an “overweight” rating in a research note on Friday, February 17th. Citigroup Inc. reaffirmed a “buy” rating on shares of Credit Suisse Group in a research note on Tuesday, March 7th. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Credit Suisse Group in a research note on Tuesday, March 14th. Finally, Zacks Investment Research lowered Credit Suisse Group from a “buy” rating to a “strong sell” rating in a research note on Wednesday, April 19th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $17.00.

COPYRIGHT VIOLATION NOTICE: This story was first posted by WKRB News and is owned by of WKRB News. If you are viewing this story on another site, it was stolen and republished in violation of U.S. and international trademark and copyright legislation. The original version of this story can be read at https://www.wkrb13.com/markets/2229141/credit-suisse-group-cs-getting-somewhat-positive-news-coverage-analysis-finds.html.

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.

This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2229141/credit-suisse-group-cs-getting-somewhat-positive-news-coverage-analysis-finds.html

Receive News & Ratings for Credit Suisse Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credit Suisse Group and related companies with MarketBeat.com's FREE daily email newsletter.

 


Leave a Reply

 
© 2006-2017 WKRB News.