CSR’s Buy Rating Reaffirmed at Liberum Capital (CSR)
CSR (LON:CSR)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Friday, American Banking and Market News reports.
CSR (LON:CSR) opened at 632.50 on Friday. CSR has a 1-year low of GBX 347.80 and a 1-year high of GBX 668.50. The stock’s 50-day moving average is GBX 398.1 and its 200-day moving average is GBX 430.1. The company’s market cap is £1.035 billion.
A number of other firms have also recently commented on CSR. Analysts at Deutsche Bank reiterated a “sell” rating on shares of CSR in a research note to investors on Thursday. They now have a GBX 370 ($6.07) price target on the stock. Separately, analysts at Barclays downgraded shares of CSR to an “underweight” rating in a research note to investors on Tuesday. They now have a GBX 550 ($9.02) price target on the stock, up previously from GBX 500 ($8.20). Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of CSR in a research note to investors on Tuesday. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price 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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