Credit Suisse Group (NYSE:CS) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Credit Suisse Group (NYSE:CSFree Report) in a research report sent to investors on Saturday morning. The brokerage issued a hold rating on the financial services provider’s stock.

Separately, Royal Bank of Canada reaffirmed an outperform rating and set a $8.00 price target on shares of Credit Suisse Group in a research report on Tuesday, November 28th.

Check Out Our Latest Research Report on Credit Suisse Group

Credit Suisse Group Price Performance

CS opened at $0.89 on Friday. Credit Suisse Group has a 52-week low of $0.82 and a 52-week high of $6.36. The company has a 50 day moving average of $0.89 and a two-hundred day moving average of $0.89. The company has a market cap of $2.77 billion, a P/E ratio of 1.37 and a beta of 1.27. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 2.79.

Institutional Trading of Credit Suisse Group

Several large investors have recently bought and sold shares of the company. Credit Suisse AG purchased a new position in shares of Credit Suisse Group in the second quarter valued at $28,000. Captrust Financial Advisors grew its stake in shares of Credit Suisse Group by 70.3% during the second quarter. Captrust Financial Advisors now owns 7,931 shares of the financial services provider’s stock valued at $45,000 after acquiring an additional 3,273 shares in the last quarter. Franklin Resources Inc. purchased a new stake in shares of Credit Suisse Group during the fourth quarter worth about $32,000. GSA Capital Partners LLP purchased a new stake in shares of Credit Suisse Group during the fourth quarter worth about $33,000. Finally, CI Private Wealth LLC acquired a new position in shares of Credit Suisse Group in the fourth quarter worth about $48,000. Institutional investors and hedge funds own 11.20% of the company’s stock.

Credit Suisse Group Company Profile

(Get Free Report)

Credit Suisse Group AG is a holding company, which engages in the provision of financial services. It operates through the following four divisions: Wealth Management, Investment Bank, Swiss Bank and Asset Management and four geographic regions: Switzerland, Europe, the Middle East and Africa (EMEA), Asia Pacific, and Americas.

Featured Stories

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.