Analyst Ratings for Credit Suisse Group AG ADR (CS)Updated: 2017-07-26
Shares of Credit Suisse Group AG ADR (NYSE:CS) have received a consensus rating of Overweight from Wall Street analysts. CS had previously received a consensus rating of Hold a month ago.
Of the 26 analysts covering the stock, 11 gave it a buy rating, 2 gave an overweight rating, 9 gave a hold rating, 1 issued an underweight rating, and 3 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. Meanwhile, the number of analysts pessimistic about the company has decreased by 5.
CS was given price targets by several analysts. The most optimistic price target was 20.99, which equates to a potential upside of 36.74 percent. The most pessimistic price target was 9.69, implying a possible loss of -36.87 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.33 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -9.46 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
In the last 52-weeks, CS has achieved a high of 16.17 and a low of 10.77. Currently the stock is 42.53 percent higher than its low, and 5.07 percent lower than its 52-week high. CS has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The CS value stock report compares CS to some of its peers using value stock charts. The market cap of CS is $39.28 billion. CS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.