CSR plc Rating Reiterated by N+1 Singer (CSR)
CSR plc (LON:CSR)‘s stock had its “hold” rating reiterated by equities research analysts at N+1 Singer in a research note issued to investors on Tuesday. They currently have a GBX 600 ($10.21) target price on the stock. N+1 Singer’s price objective would suggest a potential upside of 7.33% from the company’s current price.
Shares of CSR plc (LON:CSR) traded down 2.61% on Tuesday, hitting GBX 559.00. The stock had a trading volume of 938,531 shares. CSR plc has a 1-year low of GBX 472.70 and a 1-year high of GBX 820.00. The stock’s 50-day moving average is GBX 346.8 and its 200-day moving average is GBX 416.. The company’s market cap is £916.8 million.
CSR has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of CSR plc in a research note on Wednesday, June 18th. They now have a GBX 750 ($12.76) price target on the stock. Separately, analysts at RBC Capital cut their price target on shares of CSR plc from GBX 730 ($12.42) to GBX 560 ($9.53) in a research note on Thursday, May 8th. They now have a “neutral” rating on the stock. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 608.83 ($10.36).
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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