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Credit Suisse Group (CS) [hlAlert]

Rating:
Peer Perform
CS
up 9.71 %

Credit Suisse Group (CS) upgraded to Peer Perform by Bear Stearns

Posted on: Monday,  Apr 28, 2008  8:25 AM ET by Bear Stearns

Bear Stearns rated Peer Perform Credit Suisse Group (NYSE: CS) on 04/28/2008. Previously Bear Stearns rated Sell Credit Suisse Group (NYSE: CS)
on 11/30/2007., when the stock price was $61.66. Since then, Credit Suisse Group has lost 8.86% as of 04/28/2008's recent price of $56.20.
If you would have followed the previous Bear Stearns's recommendation on CS, you would have gained 9.71% of your investment in 150 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).

The Bear Stearns Companies Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., a leading global investment banking, securities trading and brokerage firm. Since 1923, we have helped corporations, institutions, governments and individuals reach their financial objectives. Clients have come to rely on the breadth of our expertise, our commitment to client service and our innovative approach to problem-solving. Talented professionals join Bear Stearns because of our unique corporate culture. Based on respect, integrity, meritocracy, innovation and a commitment to philanthropy, these guiding principles serve as blueprint for the way that we do business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/28/2008 8:25 AM Hold
None
56.20
as of 12/24/2008
1 Week up  12.49 %
1 Month up  24.95 %
3 Months up  60.83 %
1 YTD down  -43.87 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/30/2007 9:25 AM Sell
None
61.66
11/5/2007 9:25 AM Hold
None
61.16

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