Credit Suisse Group (NYSE:CS)‘s stock had its “overweight” rating reissued by analysts at Morgan Stanley in a report issued on Friday, The Fly reports.
CS has been the subject of several other research reports. Barclays reissued an “underweight” rating on shares of Credit Suisse Group in a research report on Tuesday, July 21st. CIBC raised shares of Credit Suisse Group to an “outperformer” rating in a research report on Wednesday, July 15th. Deutsche Bank reaffirmed a “buy” rating on shares of Credit Suisse Group in a research report on Thursday, June 25th. Royal Bank of Canada restated a “sector perform” rating on shares of Credit Suisse Group in a report on Friday. Finally, UBS Group lowered Credit Suisse Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, July 7th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $9.75.
Shares of Credit Suisse Group stock opened at $10.56 on Friday. The stock has a market capitalization of $26.48 billion, a P/E ratio of 6.21 and a beta of 1.44. Credit Suisse Group has a one year low of $6.47 and a one year high of $14.12. The company has a debt-to-equity ratio of 2.97, a current ratio of 1.29 and a quick ratio of 1.29. The business’s 50 day simple moving average is $10.36 and its two-hundred day simple moving average is $10.22.
About Credit Suisse Group
Credit Suisse Group AG, through its subsidiaries, provides various financial services worldwide. It operates through Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, and Investment Banking & Capital Markets segments. 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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