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Credit Suisse Group (CS) [hlAlert]

Rating:
Sector Perform
CS
down 17.86 %

Credit Suisse Group (CS) downgraded to Sector Perform with price target $26 by RBC Capital Mkts

Posted on: Friday,  Mar 6, 2015  8:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Sector Perform Credit Suisse Group (NYSE: CS) on 03/06/2015. Previously RBC Capital Mkts rated Outperform Credit Suisse Group (NYSE:
CS) on 02/08/2013., when the stock price was $29.10. Since then, Credit Suisse Group has lost 17.87% as of 03/06/2015's recent price of $23.90.
If you would have followed the previous RBC Capital Mkts's recommendation on CS, you would have lost 17.86% of your investment in 756 days.

Credit Suisse Group AG (Credit Suisse) is a Switzerland-based global financial services company. The Company operates in three segments: Private Banking, Investment Banking and Asset Management. The three segments are complemented by Shared Services, which provides support in the areas of finance, operations, including human resources, legal and compliance, risk management and information technology. Private Banking offers advice and a range of wealth management solutions, including pension planning, life insurance products, tax planning and wealth and inheritance advice. Investment Banking offers investment banking and securities products and services to corporate, institutional and government clients around the world. Asset Management offers integrated investment solutions and services to institutions, governments and private clients. During the year ended December 31, 2008, Company acquired over 80% of Asset Management Finance Corporation (AMF).

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2015 8:25 AM Hold
None
23.90 26.00
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD down  -23.00 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/8/2013 9:25 AM Buy
None
29.10 30.00
6/14/2011 8:25 AM Hold
None
41.37

(*) Stock Price at the time of the recommendation.
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