Traders See Bullish Options Activity Credit Suisse Group AG (ADR)

 Traders See Bullish Options Activity Credit Suisse Group AG (ADR)

In today’s session Credit Suisse Group AG (ADR) (CS) registered an unusually high (1,151) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the June, 2017 call, expecting serious CS increase. With 1,151 contracts traded and 219114 open interest for the Jun, 17 contract, it seems this is a quite bullish bet. The option with symbol: CS170616C00015000 closed last at: $1.45 or 19.4% down. About 1.54M shares traded hands. Credit Suisse Group AG (ADR) (NYSE:CS) has declined 6.15% since April 18, 2016 and is downtrending. It has underperformed by 10.58% the S&P500.

Credit Suisse Group AG (ADR) (NYSE:CS) Ratings Coverage

Out of 10 analysts covering Credit Suisse Group Ag (NYSE:CS), 4 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 40% are positive. Credit Suisse Group Ag has been the topic of 12 analyst reports since July 28, 2015 according to StockzIntelligence Inc. On Friday, November 4 the stock rating was downgraded by Macquarie Research to “Neutral”. As per Monday, November 14, the company rating was upgraded by Bank of America. The firm earned “Buy” rating on Thursday, May 19 by UBS. TheStreet upgraded the shares of CS in a report on Tuesday, July 28 to “Hold” rating. As per Monday, June 27, the company rating was downgraded by JP Morgan. The stock of Credit Suisse Group AG (ADR) (NYSE:CS) has “Neutral” rating given on Friday, May 20 by Bank of America. Benchmark maintained Credit Suisse Group AG (ADR) (NYSE:CS) on Friday, January 22 with “Buy” rating. As per Tuesday, June 28, the company rating was downgraded by RBC Capital Markets. As per Wednesday, August 26, the company rating was upgraded by Vetr. The rating was downgraded by Barclays Capital to “Equal-Weight” on Thursday, June 9.

According to Zacks Investment Research, “CREDIT SUISSE GROUP and Winterthur offer investment products, private banking and financial advisory services, as well as insurance and pension solutions. Credit Suisse First Boston provides securities underwriting, sales and trading, financial advisory, investment research, venture capital and asset management services. Because they specialize in gaining a deep understanding of their clients’ financial needs, they know that no one’s needs are two-dimensional. 360° Choice.”

Credit Suisse Group AG is a financial services company. The company has a market cap of $28.05 billion. The Company’s divisions include Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, Investment Banking & Capital Markets, Strategic Resolution Unit and Corporate Center. It currently has negative earnings. The Swiss Universal Bank division offers advice and a range of financial solutions to private, corporate and institutional clients.

CS Company Profile

Credit Suisse Group AG (Credit Suisse), incorporated on March 3, 1982, is a financial services company. The Company’s divisions 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. It offers a range of investment advice and discretionary asset management services. It offers a range of investment services, including macroeconomic, equity, bond, commodity and foreign-exchange analysis, as well as research on the economy. The Company’s investment advice covers a range of services from portfolio consulting to advising on individual investments. The Firm offers its clients portfolio and risk management solutions, including managed investment products. It offers investment portfolio structuring and the implementation of individual strategies, including a range of structured products and alternative investments.

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