UBS AG Upgrades CSR PLC to Neutral (CSRE)
CSR PLC (NASDAQ:CSRE) was upgraded by stock analysts at UBS AG from a “sell” rating to a “neutral” rating in a report issued on Tuesday, TheFlyOnTheWall.com reports.
Separately, analysts at Morgan Stanley initiated coverage on shares of CSR PLC in a research note to investors on Thursday, October 3rd. They set an “overweight” rating on the stock. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold”.
CSR PLC (NASDAQ:CSRE) traded up 3.52% during mid-day trading on Tuesday, hitting $34.13. 4,600 shares of the company’s stock traded hands. CSR PLC has a 1-year low of $20.94 and a 1-year high of $37.14. The stock has a 50-day moving average of $32.55 and a 200-day moving average of $32.55. The company has a market cap of $1.409 billion and a price-to-earnings ratio of 19.63.
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