Shares of Credit Suisse Group AG (NYSE:CS) hit a new 52-week low on Tuesday . The company traded as low as $10.29 and last traded at $10.29, with a volume of 3,307,364 shares changing hands. The stock had previously closed at $10.87.

A number of analysts have recently weighed in on the company. Vetr lowered Credit Suisse Group AG from a “strong-buy” rating to a “buy” rating and set a $16.86 target price for the company. in a research note on Monday, March 14th. Bank of America Corp. restated a “sell” rating and issued a $14.00 target price on shares of Credit Suisse Group AG in a research note on Sunday, March 27th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Credit Suisse Group AG in a research note on Thursday, March 31st. BNP Paribas lowered Credit Suisse Group AG from a “neutral” rating to an “underperform” rating in a research note on Tuesday, April 5th. Finally, Barclays PLC lowered Credit Suisse Group AG from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $19.00 to $14.00 in a research note on Thursday, June 9th. Five analysts have rated the stock with a sell rating, six have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Credit Suisse Group AG has a consensus rating of “Hold” and a consensus target price of $17.28.

The stock has a 50-day moving average price of $12.64 and a 200 day moving average price of $15.06. The company’s market cap is $20.09 billion.

Credit Suisse Group AG (NYSE:CS) last released its earnings results on Tuesday, May 10th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by $0.07. During the same period last year, the firm posted $0.79 EPS. The firm earned $4.75 billion during the quarter, compared to analysts’ expectations of $24.24 billion. The business’s revenue for the quarter was down 26.6% on a year-over-year basis. On average, equities analysts expect that Credit Suisse Group AG will post $0.65 EPS for the current year.

Other hedge funds recently added to or reduced their stakes in the company. Brandes Investment Partners LP increased its stake in Credit Suisse Group AG by 121.4% in the fourth quarter. Brandes Investment Partners LP now owns 2,949,132 shares of the company’s stock worth $63,967,000 after buying an additional 1,617,311 shares during the last quarter. Wells Fargo & Company MN increased its stake in Credit Suisse Group AG by 141.9% in the fourth quarter. Wells Fargo & Company MN now owns 914,026 shares of the company’s stock worth $19,825,000 after buying an additional 536,219 shares during the last quarter. Finally, Comerica Bank increased its stake in Credit Suisse Group AG by 19.3% in the fourth quarter. Comerica Bank now owns 105,395 shares of the company’s stock worth $2,064,000 after buying an additional 17,086 shares during the last quarter.

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.

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