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.
Also, Bernstein initiates coverage on Credit Suisse Group (NYSE:CS). The shares have now been rated Underperform by the stock experts at the ratings house. The rating by the firm was issued on July 12, 2016.
Credit Suisse Group (NYSE:CS): After opening at $13.59, the stock dipped to an intraday low of $13.521 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $13.785 and the buying power remained strong till the end. The stock closed at $13.73 for the day, a gain of 2.46% for the day session. The total traded volume was 3,145,072. The stocks close on the previous trading day was $13.4.
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.