Credit Suisse Group (CS) Getting Favorable News Coverage, Report Finds
News articles about Credit Suisse Group (NYSE:CS) have trended positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Credit Suisse Group earned a news sentiment score of 0.41 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 45.1800174056739 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Desirable Stock among many Investors:: Credit Suisse Group AG … – Voice Of Analysts (analystsbuzz.com)
- Wagners hires Credit Suisse, Morgans as it considers listing (theaustralian.com.au)
- Unusual Activity Spotted in Credit Suisse Group AG (CS) – Evergreen Caller (evergreencaller.com)
- The Investment Case For Take-Two Interactive After FQ1 Print (feeds.benzinga.com)
- JPM's Santos Reminds Investors That Volatility Is Normal (finance.yahoo.com)
Shares of Credit Suisse Group (NYSE:CS) traded up 1.50% on Friday, hitting $15.61. The stock had a trading volume of 3,653,884 shares. Credit Suisse Group has a 52 week low of $10.79 and a 52 week high of $16.17. The company has a 50-day moving average of $14.73 and a 200 day moving average of $14.85. The company’s market capitalization is $39.86 billion.
Credit Suisse Group (NYSE:CS) last issued its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.13 EPS for the quarter, missing the Zacks’ consensus estimate of $0.18 by $0.05. The business had revenue of $5.28 billion for the quarter. Credit Suisse Group had a negative net margin of 4.84% and a negative return on equity of 2.93%. On average, equities research analysts predict that Credit Suisse Group will post $1.08 EPS for the current year.
Several research analysts have weighed in on CS shares. Deutsche Bank AG reaffirmed a “buy” rating on shares of Credit Suisse Group in a research report on Thursday, July 20th. Zacks Investment Research lowered Credit Suisse Group from a “buy” rating to a “strong sell” rating in a research report on Wednesday, April 19th. ValuEngine raised Credit Suisse Group from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. J P Morgan Chase & Co started coverage on Credit Suisse Group in a research report on Monday, June 26th. They set an “overweight” rating on the stock. Finally, Morgan Stanley reaffirmed a “buy” rating on shares of Credit Suisse Group in a research report on Tuesday, June 20th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $17.00.
Credit Suisse Group Company Profile
Credit Suisse Group AG (Credit Suisse) is a financial services company. The Company’s segments include Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, Investment Banking & Capital Markets, Strategic Resolution Unit and Corporate Center. It offers a range of private banking and wealth management solutions to its clients in its Swiss Universal Bank, International Wealth Management and Asia Pacific divisions.
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