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At Barclays, the price target for Credit Suisse Group (NYSE:CS) has been reduced to CHF 2.90.

At Barclays, the price target for Credit Suisse Group (NYSE:CS) has been reduced to CHF 2.90.

Barclays investment analysts reduced their price objective for Credit Suisse Group (NYSE: CS) from CHF 4 to CHF 2.90, as indicated by a study published on Friday. An article in The Fly covered the study. The brokerage has given the stock of the financial services company the rating of “underweight.” “Overweight” is the previous rating.

A plethora of recently published research articles on the subject, reports on the topic, reports on the topic, reports on the topic, reports on the topic, reports on the topic, reports on the topic, reports on the topic, reports on the topic, reports on the topic, reports on the topic, reports on the topic, reports on the topic, reports on the topic, reports on the topic, reports on the topic, reports on the topic, reports on the topic, reports on the topic, The coverage of the Credit Suisse Group by Citigroup was not considered to have officially begun until the 20th of December, the day after the holiday. The consensus recommendation for the stock was a “buy.” In a report dated December 19, the Royal Bank of Canada was the first financial institution to begin providing coverage of the Credit Suisse Group. Their report rated the stock as having “sector perform” as its overall performance. Bank of America (BofA), in research that was released on Friday, December 9th, upgraded Credit Suisse Group from a “neutral” rating to a “buy” recommendation and set a price objective of CHF 3.60 on the stock. In addition, the company did not change its price objective for the stock, which was kept at CHF 3.60. Bank of America changed its rating for the company Credit Suisse Group from “neutral” to “buy” in a report made public on Friday, December 9th. The report was made available to the public. In a report released on Thursday, December 1st, JPMorgan Chase & Co. assigned a “neutral” rating to the stock of Credit Suisse Group and decreased their price objective on the company from CHF 5.50 to CHF 3.80. In addition, they changed the rating they had previously assigned to the stock to “neutral.” There have been a total of six analysts who have suggested selling the stock, five who have suggested keeping the stock, and three who have suggested purchasing the stock. According to the findings of a study that Bloomberg carried out, the general recommendation offered by Credit Suisse Group regarding the stock is to “hold,” and the average price objective is set at $5.70.

The closing price for NYSE: CS on Friday was $3.44, reflecting a loss of $0.07 throughout the day’s trading. The volume of shares traded by the company was higher than the daily volume of 17,256,617 typically traded shares. The company traded 17,590,815 shares in total. , and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, and, The lowest price that Credit Suisse Group has been in the past year is $2.97, and the highest price that the company has been in the past year is $10.55. A market capitalization of $10.71 billion and a beta value of 1.33 are both associated with the company. The price-to-earnings ratio currently stands at -1.08 percent. The debt-to-equity ratio is calculated to be 3.74, the quick ratio is calculated to be 1.38, and the current ratio is also calculated to be 1.38.

The most recent quarterly earnings report for Credit Suisse Group (NYSE: CS) was released to the public on Thursday, October 27th. The results were as follows: The provider of financial services reported earnings per share for the quarter of $0.15, which was $0.03 less than the consensus estimate of $0.13 made by industry professionals. These professionals had anticipated earnings per share of $0.13. The company’s most recent quarter ended with actual revenue of $3.94 billion, which is significantly higher than the consensus forecast of $3.80 billion for the quarter’s revenue. The net margin of the company, which came in at 38.02%, and the return on equity, which came in at 3.82%, were both negative for Credit Suisse Group. The projections of those knowledgeable in this field suggest that the Credit Suisse Group will report a loss of 1.89 cents for each share in 2018.

A wide range of institutional investors, including hedge funds, have recently been active in the market, buying and selling CS shares. US Bancorp DE increased the amount of Credit Suisse Group stock owned by 8.9% during the first three months of the year, bringing its total ownership percentage to 100%. US Bancorp DE now has a total of 50,292 shares of the financial services provider’s stock, which have a value of $395,000 after purchasing an additional 4,292 shares during the most recent quarter. US Bancorp DE’s stock holdings are valued at $395,000. As a result of this acquisition, the total number of shares owned by the company has increased to 50,130, and the combined value of all of those shares is approximately $4,130,000. HighTower Advisors LLC put approximately 135 thousand dollars into a new stake held by Credit Suisse Group during the first three months of this year. Citigroup Inc. increased the amount of Credit Suisse Group stock owned by 162.0% during the year’s first quarter. Citigroup Inc. now has a total of 539,102 shares of the stock held by the financial services provider following the acquisition of an additional 333,335 shares during the most recent quarter. This gives the company a total value of $4,230,000 in stock holdings. During the first three months of 2018, Dimensional Fund Advisors LP increased its holdings by 3.9% by purchasing additional shares of Credit Suisse Group.

After purchasing an additional 192,576 shares during the most recent quarter, Dimensional Fund Advisors LP now holds a total of 5,131,757 shares of the financial services provider’s stock, which has a total value of $40,284,000. This brings the total number of shares that the firm owns to 5,131,757. The last but certainly not least bit of news is that Sei Investments Co. increased its holdings in Credit Suisse Group by 1.8% during the first quarter. This is not to say that this is the least important news. Following the acquisition of a further 4,883 shares during the preceding quarter, Sei Investments Co. now holds a total of 274,767 shares of the financial services provider’s stock, which have a combined value of $2,179,000. Institutional investors and hedge funds own 11.20 percent of the company’s total shares. Hedge funds also hold 11.20 percent of the company’s stock.

Credit Suisse Group AG and its subsidiaries provide a comprehensive range of financial services worldwide, including Switzerland, Europe, the Middle East, Africa, the Americas, and Asia-Pacific. The company offers a variety of options for risk management, including managed investment products, wealth planning, succession planning, and trust services, in addition to a selection of alternatives for the management of wealth, such as investment advice and services for the discretionary management of assets.

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