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Shares of CSR plc – ADS (NASDAQ:CSRE) have been given a consensus recommendation of “Hold” by the nine brokerages that are presently covering the company, ARN reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $54.40.

CSR plc – ADS (NASDAQ:CSRE) traded up 0.85% during mid-day trading on Thursday, hitting $43.78. The stock had a trading volume of 1,706 shares. CSR plc – ADS has a 52 week low of $29.77 and a 52 week high of $53.90. The stock has a 50-day moving average of $46.83 and a 200-day moving average of $41.10. The company’s market cap is $1.788 billion.

The company also recently declared a special dividend, which is scheduled for Friday, May 30th. Stockholders of record on Friday, May 9th will be given a dividend of $0.364 per share. The ex-dividend date of this dividend is Wednesday, May 7th.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of CSR plc – ADS from a “neutral” rating to an “outperform” rating in a research note on Wednesday. They now have a $54.40 price target on the stock. Separately, analysts at TheStreet downgraded shares of CSR plc – ADS from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, analysts at Morgan Stanley upgraded shares of CSR plc – ADS from an “equal weight” rating to an “overweight” rating in a research note on Thursday, February 27th.

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