CSR Price Target Raised to GBX 840 at Numis Securities Ltd (CSR)
Equities research analysts at Numis Securities Ltd upped their price objective on shares of CSR (LON:CSR) from GBX 800 ($13.13) to GBX 840 ($13.79) in a research note issued to investors on Monday, American Banking and Market News reports. The firm currently has a “buy” rating on the stock. Numis Securities Ltd’s target price points to a potential upside of 19.06% from the stock’s previous close.
A number of other firms have also recently commented on CSR. Analysts at Liberum Capital downgraded shares of CSR to a “hold” rating in a research note to investors on Friday. They now have a GBX 700 ($11.49) price target on the stock, up previously from GBX 580 ($9.52). Separately, analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of CSR in a research note to investors on Tuesday, January 14th. They now have a GBX 650 ($10.67) price target on the stock. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 597.43 ($9.81).
CSR (LON:CSR) opened at 715.90 on Monday. CSR has a one year low of GBX 350.00 and a one year high of GBX 709.00. The stock’s 50-day moving average is GBX 378. and its 200-day moving average is GBX 421.1. The company’s market cap is £1.171 billion.
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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