In today’s session Credit Suisse Group AG (ADR) (CS) registered an unusually high (7,658) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious CS increase. With 7,658 contracts traded and 2654 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: CS180119C00015000 closed last at: $2 or 0% . About 2.57 million shares traded hands. Credit Suisse Group AG (ADR) (NYSE:CS) has declined 10.32% since April 25, 2016 and is downtrending. It has underperformed by 16.34% the S&P500.
Analysts await Credit Suisse Group AG (ADR) (NYSE:CS) to report earnings on February, 2.
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. $29.30 is the highest target while $16 is the lowest. The $22.65 average target is 71.20% above today’s ($13.23) stock price. Credit Suisse Group Ag has been the topic of 12 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by TheStreet given on Tuesday, July 28. The stock of Credit Suisse Group AG (ADR) (NYSE:CS) has “Equal-Weight” rating given on Thursday, June 9 by Barclays Capital. The stock has “Neutral” rating given by Macquarie Research on Friday, November 4. The firm earned “Sector Perform” rating on Tuesday, June 28 by RBC Capital Markets. As per Thursday, May 19, the company rating was upgraded by UBS. The firm has “Equal-Weight” rating by Morgan Stanley given on Friday, February 5. JP Morgan downgraded the stock to “Underweight” rating in Monday, June 27 report. The firm has “Outperform” rating given on Thursday, November 10 by Keefe Bruyette & Woods. The rating was upgraded by Bank of America on Monday, November 14 to “Buy”. Vetr upgraded Credit Suisse Group AG (ADR) (NYSE:CS) on Wednesday, August 26 to “Hold” rating.
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. 360Â° Choice.”
Credit Suisse Group AG is a financial services company. The company has a market cap of $27.20 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.
Another recent and important Credit Suisse Group AG (ADR) (NYSE:CS) news was published by Prnewswire.com which published an article titled: “BNY Mellon Selected as Successor Depositary by Credit Suisse Group AG for its …” on November 28, 2016.
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