Credit Suisse Group AG (NYSE:CS) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Monday.

According to Zacks, “CREDIT SUISSE GROUP and Winterthur offer investment products, private banking and financial advisory services, as well as insurance and pension solutions. Credit Suisse First Boston provides securities underwriting, sales and trading, financial advisory, investment research, venture capital and asset management services. Because they specialize in gaining a deep understanding of their clients’ financial needs, they know that no one’s needs are two-dimensional. 360° Choice. “

A number of other equities analysts also recently commented on the stock. Macquarie downgraded shares of Credit Suisse Group AG from an “outperform” rating to a “neutral” rating in a research note on Friday, November 4th. Keefe, Bruyette & Woods upgraded shares of Credit Suisse Group AG from a “market perform” rating to an “outperform” rating in a research note on Thursday, November 10th. Finally, Bank of America Corp. upgraded shares of Credit Suisse Group AG from a “neutral” rating to a “buy” rating and set a $16.00 price objective for the company in a research note on Monday, November 14th. Four analysts have rated the stock with a sell rating, five have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $17.24.

Analyst Recommendations for Credit Suisse Group AG (NYSE:CS)

Credit Suisse Group AG (NYSE:CS) opened at 13.22 on Monday. The stock’s market cap is $27.61 billion. Credit Suisse Group AG has a 52 week low of $10.01 and a 52 week high of $22.76. The company has a 50 day moving average price of $13.64 and a 200 day moving average price of $12.72.

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Large investors have recently made changes to their positions in the company. Fisher Asset Management LLC boosted its position in Credit Suisse Group AG by 2.5% in the second quarter. Fisher Asset Management LLC now owns 10,318,911 shares of the company’s stock valued at $111,031,000 after buying an additional 249,001 shares in the last quarter. Brandes Investment Partners LP boosted its position in Credit Suisse Group AG by 4.1% in the third quarter. Brandes Investment Partners LP now owns 6,558,941 shares of the company’s stock valued at $86,184,000 after buying an additional 259,740 shares in the last quarter. Eaton Vance Management boosted its position in Credit Suisse Group AG by 93.4% in the third quarter. Eaton Vance Management now owns 1,946,441 shares of the company’s stock valued at $25,576,000 after buying an additional 939,896 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Credit Suisse Group AG by 7.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,765,363 shares of the company’s stock valued at $18,889,000 after buying an additional 122,740 shares in the last quarter. Finally, Dodge & Cox boosted its position in Credit Suisse Group AG by 62.1% in the second quarter. Dodge & Cox now owns 1,424,729 shares of the company’s stock valued at $15,245,000 after buying an additional 546,042 shares in the last quarter. Institutional investors and hedge funds own 2.31% of the company’s stock.

Credit Suisse Group AG Company Profile

Credit Suisse Group AG (Credit Suisse) is a global financial services company. The Company operates in three segments: Private Banking & Wealth Management and Investment Banking. Private Banking & Wealth Management offers advice and a range of financial solutions to private, corporate and institutional clients.

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