Credit Suisse's rating undefinedundefined was kept at sell and had its price target lowered to 4.7 francs from 5.8 francs by Goldman Sachs. Analysts led by...
Credit Suisse's rating was kept at sell and had its price target lowered to 4.7 francs from 5.8 francs by Goldman Sachs. Analysts led by Chris Hallam said that given its view that investment bank requires restructuring while capital generation is minimal, it now views an equity raise as prudent to preserve a buffer. It estimated a capital shortfall of more than 5 billion francs . Credit Suisse shares rose 0.9% to 4.39 francs but have dropped 50% this year.
... Credit Suisse's rating CS CSGN was kept at sell and had its price target lowered to 4.7 francs from 5.8 francs by Goldman Sachs. Analysts led by Chris Hallam said that given its view that investment bank requires restructuring while capital generation is minimal, it now views an equity raise as prudent to preserve a buffer. It estimated a capital shortfall of more than 5 billion francs . Credit Suisse shares rose 0.9% to 4.39 francs but have dropped 50% this year.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Copper to extend its technical downtrend during Q4 – Credit SuisseCopper (LME) keeps hovering at the 55-day moving average (DMA). Nonetheless, the broader risk still leans lower during the fourth quarter, according t
Read more »
EUR/SEK: Large bullish triangle to provide a platform for a move to 11.3650 – Credit SuisseEUR/SEK has formed a large bullish triangle. With this bullish pattern in place, analysts at Credit Suisse expect the pair to move higher toward 11.36
Read more »
AUD/USD to extend its decline towards 0.6041 – Credit SuisseAUD/USD remains in a choppy but sustained downtrend since early 2021. The pair is expected to edge towards 0.6041, in the view of analysts at Credit S
Read more »
EUR/USD to eventually see a fresh leg lower to 0.9331, potentially 0.9000/0.8905 – Credit SuisseEUR/USD is expected to see consolidation around 0.9606/9592. However, the pair is expected to resume its decline towards 0.9331/03 and potentially und
Read more »
GBP/USD set to fall back back to the 1.0347 low – Credit SuisseGBP/USD maintains a small bearish “reversal day” to suggest the recovery is over. Analysts at Credit Suisse look for an eventual retest of the 1.0347
Read more »
AUD/USD ends the recent pause, further weakness to follow – Credit SuisseAUD/USD has ended its recent pause after breaking below 0.6361. Analysts at Credit Suisse look for continued downside to 0.6041 and likely beyond. Res
Read more »