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.
A number of analysts gave price targets for CS. The maximum price target given was 20.99, which equates to a potential upside of 36.74 percent. The lowest price target was 9.69, which equates to a potential downside of -36.87 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.33 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -9.46 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
CS has traded between a high of 16.17 and a low of 10.77 over the past year. The current market price is above the trailing year's low by 42.53 percent, and 5.07 percent below the high. CS has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.