News articles about Credit Suisse Group (NYSE:CS) have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than 6,000 blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Credit Suisse Group earned a media sentiment score of 1.06 on their scale. InfoTrie also gave news articles about the financial services provider an news buzz score of 10 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Credit Suisse Group’s score:
CS stock opened at $11.64 on Thursday. Credit Suisse Group has a 52 week low of $11.56 and a 52 week high of $19.98. The stock has a market cap of $30.21 billion, a price-to-earnings ratio of 21.56 and a beta of 1.38. The company has a debt-to-equity ratio of 3.82, a quick ratio of 1.39 and a current ratio of 1.39.
A number of analysts have commented on CS shares. Royal Bank of Canada downgraded shares of Credit Suisse Group from an “outperform” rating to a “sector perform” rating in a research report on Friday, November 23rd. Societe Generale restated a “hold” rating on shares of Credit Suisse Group in a research report on Friday, November 2nd. ValuEngine downgraded shares of Credit Suisse Group from a “hold” rating to a “sell” rating in a research report on Friday, September 7th. Zacks Investment Research upgraded shares of Credit Suisse Group from a “sell” rating to a “hold” rating in a research report on Tuesday, November 6th. Finally, 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 research report on Monday, September 10th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $16.50.
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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.
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