Equities researchers at Morgan Stanley assumed coverage on shares of Credit Suisse Group (NYSE:CS – Get Rating) in a note issued to investors on Friday, The Fly reports. The brokerage set an "equal weight" rating on the financial services provider's stock.
Several other equities research analysts also recently weighed in on CS. Deutsche Bank Aktiengesellschaft initiated coverage on Credit Suisse Group in a report on Friday, January 13th. They issued a "hold" rating on the stock. JPMorgan Chase & Co. decreased their price objective on Credit Suisse Group from CHF 5.50 to CHF 3.80 and set a "neutral" rating for the company in a report on Thursday, December 1st. StockNews.com lowered Credit Suisse Group from a "hold" rating to a "sell" rating in a report on Friday, December 16th. Bank of America upgraded Credit Suisse Group from a "neutral" rating to a "buy" rating in a report on Friday, December 9th. Finally, AlphaValue lowered Credit Suisse Group from a "buy" rating to a "sell" rating in a research note on Monday, November 7th. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Credit Suisse Group currently has an average rating of "Hold" and an average target price of $5.70.