Brokerage Firm Rating Update on Credit Suisse Group (CS)

Credit Suisse Group (CS) has an average broker rating of 3, which is interpreted as a Hold, as rated by 3 equity analysts. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell.


Company shares have received an average consensus rating of Hold for the current week Also, Bernstein initiates coverage on Credit Suisse Group (NYSE:CS) . Analysts at the Bernstein have a current rating of Underperform on the shares. The rating by the firm was issued on July 12, 2016.

Credit Suisse Group (NYSE:CS): The stock opened at $13.37 and touched an intraday high of $13.44 on Wednesday. During the day, the stock corrected to an intraday low of $13.32, however, the bulls stepped in and pushed the price higher to close in the green at $13.41 with a gain of 1.98% for the day. The total traded volume for the day was 3,164,864. The stock had closed at $13.15 in the previous trading session.

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. The Private Banking & Wealth Management comprises the Wealth Management Clients, Corporate & Institutional Clients and Asset Management businesses. Asset Management offers a range of investment products and solutions across asset classes and for all investment styles, serving governments, institutions, corporations and individuals across the world. Investment Banking offers investment banking and securities products and services to corporate, institutional and government clients around the world. Its products and services include debt and equity underwriting, sales and trading, M&A advice, divestitures, corporate sales, restructuring and investment research.

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