News articles about Credit Suisse Group (NYSE:CS) have been trending somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than 6,000 news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Credit Suisse Group earned a news sentiment score of 0.53 on their scale. InfoTrie also assigned news stories about the financial services provider an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company’s share price in the immediate future.
These are some of the media stories that may have effected Credit Suisse Group’s ranking:
A number of brokerages have issued reports on CS. Barclays upgraded shares of Credit Suisse Group from an “underweight” rating to a “hold” rating and set a $16.00 price target on the stock in a report on Monday, September 10th. ValuEngine downgraded shares of Credit Suisse Group from a “hold” rating to a “sell” rating in a report on Friday, September 7th. Zacks Investment Research upgraded shares of Credit Suisse Group from a “sell” rating to a “hold” rating in a report on Tuesday. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Credit Suisse Group in a report on Tuesday, September 4th. Finally, Societe Generale reiterated a “hold” rating on shares of Credit Suisse Group in a report on Friday, November 2nd. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Credit Suisse Group currently has a consensus rating of “Buy” and an average price target of $16.50.
Shares of NYSE:CS traded down $0.07 on Friday, reaching $12.83. The company’s stock had a trading volume of 3,034,353 shares, compared to its average volume of 4,183,769. Credit Suisse Group has a 52-week low of $12.24 and a 52-week high of $19.98. The stock has a market capitalization of $33.36 billion, a P/E ratio of 23.76 and a beta of 1.37. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 3.82.
COPYRIGHT VIOLATION WARNING: This piece was reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright & trademark laws. The legal version of this piece can be read at https://www.dispatchtribunal.com/2018/11/10/credit-suisse-group-cs-receives-daily-media-impact-rating-of-0-53.html.
About Credit Suisse Group
Credit Suisse Group AG, together with its subsidiaries, provides various financial services worldwide. It operates through six segments: Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, Investment Banking & Capital Markets, and Strategic Resolution Unit. The company offers private banking and wealth management solutions, including advisory, investment, financial planning, succession planning, and trust services; and financing and lending, and multi-shore platform solutions.
Featured Article: Diversification Important in Investing
Receive News & Ratings for Credit Suisse Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credit Suisse Group and related companies with MarketBeat.com's FREE daily email newsletter.