Credit Suisse Group (CS) Earning Positive News Coverage, Accern Reports

News coverage about Credit Suisse Group (NYSE:CS) has trended positive on Thursday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Credit Suisse Group earned a news sentiment score of 0.39 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 44.27505792471 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news headlines that may have impacted Accern Sentiment’s rankings:

Shares of Credit Suisse Group (NYSE:CS) traded up $0.10 during midday trading on Thursday, hitting $16.87. 2,155,960 shares of the company traded hands, compared to its average volume of 3,733,580. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 4.09. Credit Suisse Group has a 12 month low of $13.28 and a 12 month high of $17.30.

CS has been the topic of several research reports. Citigroup reissued a “buy” rating on shares of Credit Suisse Group in a research note on Friday, September 8th. J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Credit Suisse Group in a research note on Monday, November 20th. UBS reaffirmed a “buy” rating on shares of Credit Suisse Group in a research note on Tuesday, September 5th. Societe Generale raised shares of Credit Suisse Group from a “hold” rating to a “buy” rating in a research note on Monday, September 11th. Finally, Macquarie raised shares of Credit Suisse Group from an “underperform” rating to a “neutral” rating in a research note on Wednesday, November 15th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $17.00.

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Credit Suisse Group Company Profile

Credit Suisse Group AG (Credit Suisse) is a financial services company. The Company’s segments 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.

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