CSR Given “Overweight” Rating at JPMorgan Chase & Co. (CSR)
CSR (LON:CSR)‘s stock had its “overweight” rating restated by research analysts at JPMorgan Chase & Co. in a report released on Tuesday, Stock Ratings Network.com reports.
Shares of CSR (LON:CSR) traded down 0.38% during mid-day trading on Tuesday, hitting GBX 661.00. 226,195 shares of the company’s stock traded hands. CSR has a 52-week low of GBX 347.80 and a 52-week high of GBX 666.50. The stock has a 50-day moving average of GBX 400.8 and a 200-day moving average of GBX 430.. The company’s market cap is £1.082 billion.
A number of other firms have also recently commented on CSR. Analysts at Jefferies Group raised their price target on shares of CSR from GBX 629 ($10.32) to GBX 679 ($11.14) in a research note to investors on Monday, December 16th. They now have a “buy” rating on the stock. Separately, analysts at Canaccord Genuity upgraded shares of CSR to a “hold” rating in a research note to investors on Wednesday, December 11th. They now have a GBX 550 ($9.02) price target on the stock, up previously from GBX 460 ($7.54). Finally, analysts at UBS AG raised their price target on shares of CSR from GBX 530 ($8.69) to GBX 580 ($9.51) in a research note to investors on Wednesday, December 11th. They now have a “neutral” rating on the stock. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 572.83 ($9.40).
CSR plc is a holding company. The Company is a provider of multifunction connectivity, audio, video and imaging and location platforms.
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