CSR plc Given Overweight Rating at JPMorgan Chase & Co. (CSR)
CSR plc (LON:CSR)‘s stock had its “overweight” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a report issued on Tuesday, Analyst Ratings Network reports.
Shares of CSR plc (LON:CSR) traded up 1.09% on Tuesday, hitting GBX 556.50. The stock had a trading volume of 466,589 shares. CSR plc has a 52-week low of GBX 4.688 and a 52-week high of GBX 820.00. The stock’s 50-day moving average is GBX 584.0 and its 200-day moving average is GBX 553.7. The company’s market cap is £912.7 million.
A number of other firms have also recently commented on CSR. Analysts at Natixis reiterated a “neutral” rating on shares of CSR plc in a research note on Friday, May 2nd. They now have a GBX 620 ($10.46) price target on the stock. Separately, analysts at N 1 Singer reiterated a “hold” rating on shares of CSR plc in a research note on Friday, May 2nd. They now have a GBX 600 ($10.12) price target on the stock. Finally, analysts at Barclays cut their price target on shares of CSR plc from GBX 550 ($9.28) to GBX 525 ($8.86) in a research note on Thursday, May 1st. They now have an “underweight” rating on the stock. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 621.77 ($10.49).
CSR plc is an United Kingdom-based holding company. The Company is a provider of multifunction connectivity, audio, and location platforms.
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