Credit Suisse Group (CS) to Release Quarterly Earnings on Wednesday

Credit Suisse Group (NYSE:CS) is set to announce its earnings results before the market opens on Wednesday, July 31st.

Shares of NYSE:CS traded down $0.23 during trading on Tuesday, reaching $11.77. 65,260 shares of the stock were exchanged, compared to its average volume of 2,186,602. The company has a debt-to-equity ratio of 3.65, a quick ratio of 1.36 and a current ratio of 1.36. Credit Suisse Group has a 12-month low of $10.23 and a 12-month high of $16.30. The firm has a market capitalization of $30.09 billion, a price-to-earnings ratio of 13.96 and a beta of 1.40. The company has a 50-day moving average price of $11.98.

A number of analysts have recently issued reports on CS shares. BMO Capital Markets started coverage on Capstone Mining in a report on Friday, July 5th. They set a “hold” rating and a $1.00 target price for the company. Zacks Investment Research upgraded Falcon Minerals from a “sell” rating to a “hold” rating in a report on Monday, July 22nd. Finally, ValuEngine upgraded United States Steel from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 24th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $14.50.

Credit Suisse Group Company Profile

Credit Suisse Group AG, through its subsidiaries, provides various financial services worldwide. It operates through Swiss Universal Bank, International Wealth Management, Asia Pacific, Global Markets, and Investment Banking & Capital Markets segments. The company offers private banking and wealth management solutions, including advisory, investment, financial planning, succession planning, and trust services; and financing and lending, and multi-shore platform solutions.

Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks

Earnings History for Credit Suisse Group (NYSE:CS)

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