Credit Suisse Group AG (NYSE:CS) rose 4% during mid-day trading on Thursday . The company traded as high as $11.37 and last traded at $11.31, with a volume of 5,057,319 shares changing hands. The stock had previously closed at $10.87.

Several equities research analysts have recently weighed in on the company. Keefe, Bruyette & Woods reissued a “buy” rating on shares of Credit Suisse Group AG in a research report on Tuesday, June 28th. Barclays PLC lowered Credit Suisse Group AG from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $19.00 to $14.00 in a research report on Thursday, June 9th. Zacks Investment Research raised Credit Suisse Group AG from a “sell” rating to a “hold” rating in a research report on Friday, June 17th. Bank of America Corp. raised Credit Suisse Group AG from an “underperform” rating to a “neutral” rating in a research report on Friday, May 20th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Credit Suisse Group AG in a research report on Monday, April 11th. Six equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $17.28.

The company’s market cap is $21.96 billion. The firm’s 50-day moving average is $12.20 and its 200 day moving average is $14.70.

Credit Suisse Group AG (NYSE:CS) last issued its earnings results on Tuesday, May 10th. The company reported ($0.15) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by $0.07. During the same period last year, the firm earned $0.79 earnings per share. The firm earned $4.75 billion during the quarter, compared to the consensus estimate of $24.24 billion. Credit Suisse Group AG’s revenue for the quarter was down 26.6% on a year-over-year basis. Analysts predict that Credit Suisse Group AG will post $0.65 earnings per share for the current fiscal year.

A number of hedge funds and institutional investors have modified their holdings of CS. Brandes Investment Partners LP increased its position in shares of 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 in the last quarter. Wells Fargo & Company MN increased its position in shares of 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 in the last quarter. Finally, Comerica Bank increased its position in shares of 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 in 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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