The stock of Credit Suisse Group AG (ADR) (NYSE:CS) is a huge mover today! About 1.89M shares traded hands. Credit Suisse Group AG (ADR) (NYSE:CS) has declined 14.27% since April 28, 2016 and is downtrending. It has underperformed by 20.19% the S&P500.
The move comes after 6 months positive chart setup for the $29.09B company. It was reported on Dec, 1 by Barchart.com. We have $14.72 PT which if reached, will make NYSE:CS worth $2.04 billion more.
Analysts await Credit Suisse Group AG (ADR) (NYSE:CS) to report earnings on February, 2.
Credit Suisse Group AG (ADR) (NYSE:CS) Ratings Coverage
Out of 10 analysts covering Credit Suisse Group Ag (NYSE:CS), 4 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 40% are positive. Credit Suisse Group Ag has been the topic of 12 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The firm earned “Hold” rating on Wednesday, August 26 by Vetr. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Tuesday, June 28. The company was downgraded on Monday, June 27 by JP Morgan. As per Tuesday, July 28, the company rating was upgraded by TheStreet. Macquarie Research downgraded Credit Suisse Group AG (ADR) (NYSE:CS) on Friday, November 4 to “Neutral” rating. Benchmark maintained Credit Suisse Group AG (ADR) (NYSE:CS) on Friday, January 22 with “Buy” rating. On Monday, November 14 the stock rating was upgraded by Bank of America to “Buy”. The stock of Credit Suisse Group AG (ADR) (NYSE:CS) earned “Buy” rating by UBS on Thursday, May 19. The stock has “Equal-Weight” rating given by Barclays Capital on Thursday, June 9. The company was upgraded on Thursday, November 10 by Keefe Bruyette & Woods.
According to Zacks Investment Research, “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. 360Â° Choice.”
CS Company Profile
Credit Suisse Group AG (Credit Suisse), incorporated on March 3, 1982, is a financial services company. The Company’s divisions 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. It offers a range of investment advice and discretionary asset management services. It offers a range of investment services, including macroeconomic, equity, bond, commodity and foreign-exchange analysis, as well as research on the economy. The Company’s investment advice covers a range of services from portfolio consulting to advising on individual investments. The Firm offers its clients portfolio and risk management solutions, including managed investment products. It offers investment portfolio structuring and the implementation of individual strategies, including a range of structured products and alternative investments.
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