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.
Investment analysts gave a few price targets for CS. The most optimistic analyst gave a price target of 20.99, implying potential capital gains of 36.74 percent. The most pessimistic price target was 9.69, implying potential capital losses of -36.87 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.33 percent. 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, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
CS has a 52-week high of 16.17 and a 52-week low of 10.77. The current market price is above the trailing year's low by 42.53 percent, 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's next earnings release will be on 0000-00-00, which is days away.