Credit Suisse Group AG (ADR) (NYSE:CS) plunged -0.13% during previous trade, a total of 3.72M shares exchanged hands compared with its average trading volume of 4.68M shares whereas its relative volume is 0.68. The stock has a market capitalization of $31.83B along with 2.09B outstanding shares. Stock’s intraday price range hit the peak level of $15.51 and touched the lowest level of $15.23.
Most recently Credit Suisse Group AG (ADR) (NYSE:CS)’s price target was revised on 02/17/17 and according to 2 analysts stock’s price will reach at $17.85 during 52 weeks with standard deviation of 0.00. Stock’s minimum price target estimates has been figured out at $17 while the maximum price target forecast is established at $18.70, if we look at the price target with an optimistic approach it has upside potential of 44% from its latest closing price of $15.33.
Historically, if we look at price target revisions, two weeks ago Credit Suisse Group AG (ADR) (NYSE:CS)’s price target was revised on 01/14/17 by the analysts, however the bullish price estimates of the stock set at $17.69 while the bearish estimates kept at $17.69 over the next one year. Stock’s 52-week target was retained at $17.69, the estimates indicates a standard deviation of 0.00.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.00. ABR value is precisely based on brokerage recommendations, where out of 4 brokerage recommendations 2 rate Credit Suisse Group AG (ADR) (NYSE:CS) stock a Strong Buy, 0 rate the stocks of the company a Buy, 2 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 2/17/17 the stock of Credit Suisse Group AG (ADR) (NYSE:CS) upgraded by Morgan Stanley from Equal-Weight to Overweight. However previously on 11/10/16 it was downgraded by Macquarie from Neutral to Underperform. A research note issued on 11/4/16 the stock was upgraded by BofA/Merrill from Neutral to Buy.
Credit Suisse Group AG (ADR) (NYSE:CS) performance over the past one year soared 22.99% whereas its year to date (YTD) performance indicated a bullish trend of 7.13%. During the last six months the stock climbed 25.04%. Quarterly performance of the company shows optimistic momentum of 10.05% while its last one month trend is negative with -0.13%. Stock’s weekly performance expressed up trend of 0.20%.
The company’s price sits 0.61% above from its 50-day moving average of $15.34 and 14.20% far from the stock’s 200-day moving average which is $13.99. Credit Suisse Group AG (ADR) (NYSE:CS)’s shares are currently trading -5.19% away from the 52-week high price of $16.17 and +53.15% far from the 52-week low price of $10.01.
According to 1 analyst, Credit Suisse Group AG (ADR) (NYSE:CS)’s revenue estimates for the current quarter are $23.18B meanwhile the company has high revenue estimates of $23.18B in contradiction of low revenue estimates of $23.18B. For the current year the company’s revenue estimates are $23.18B compared to low analyst estimates of $23.18B and high estimates of $23.18B according to the projection of 1 analyst.