Shares of Credit Suisse Group AG (NYSE:CS) have received an average recommendation of “Hold” from the ten analysts that are currently covering the firm. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company.

Several research analysts have issued reports on the company. Zacks Investment Research lowered Credit Suisse Group AG from a “buy” rating to a “strong sell” rating in a research note on Wednesday. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Credit Suisse Group AG in a research note on Tuesday, March 14th. Citigroup Inc restated a “buy” rating on shares of Credit Suisse Group AG in a research note on Tuesday, March 7th. Morgan Stanley upgraded Credit Suisse Group AG from an “equal weight” rating to an “overweight” rating in a research note on Friday, February 17th. Finally, Keefe, Bruyette & Woods upgraded Credit Suisse Group AG from a “market perform” rating to an “outperform” rating in a research note on Tuesday, January 31st.

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Shares of Credit Suisse Group AG (NYSE:CS) traded down 0.62% during mid-day trading on Tuesday, hitting $14.45. 3,762,588 shares of the company were exchanged. Credit Suisse Group AG has a 12-month low of $10.01 and a 12-month high of $16.17. The stock’s market cap is $30.20 billion. The stock’s 50-day moving average price is $14.88 and its 200 day moving average price is $14.61.

Credit Suisse Group AG (NYSE:CS) last released its quarterly earnings data on Tuesday, February 14th. The financial services provider reported ($1.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $1.18. Credit Suisse Group AG had a negative return on equity of 4.12% and a negative net margin of 27.07%. The company had revenue of $5.18 billion for the quarter. On average, equities analysts anticipate that Credit Suisse Group AG will post $1.08 EPS for the current fiscal year.

Several hedge funds have recently made changes to their positions in CS. Naples Global Advisors LLC purchased a new position in Credit Suisse Group AG during the first quarter valued at about $211,000. Commonwealth Financial Services LLC boosted its position in Credit Suisse Group AG by 2.6% in the first quarter. Commonwealth Financial Services LLC now owns 19,704 shares of the financial services provider’s stock valued at $283,000 after buying an additional 494 shares in the last quarter. Fox Run Management L.L.C. purchased a new position in Credit Suisse Group AG during the first quarter valued at about $423,000. Edge Wealth Management LLC purchased a new position in Credit Suisse Group AG during the first quarter valued at about $149,000. Finally, Capstone Asset Management Co. boosted its position in Credit Suisse Group AG by 5.3% in the first quarter. Capstone Asset Management Co. now owns 175,364 shares of the financial services provider’s stock valued at $2,602,000 after buying an additional 8,830 shares in the last quarter. Institutional investors own 2.25% of the company’s stock.

Credit Suisse Group AG Company Profile

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.

5 Day Chart for NYSE:CS

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