CSR plc PT Raised to GBX 400 (CSR)
Equities research analysts at Deutsche Bank boosted their price target on shares of CSR plc (LON:CSR) from GBX 370 ($6.35) to GBX 400 ($6.86) in a research note issued to investors on Monday. The firm currently has a “sell” rating on the stock. Deutsche Bank’s target price suggests a potential downside of 34.10% from the stock’s previous close.
CSR plc (LON:CSR) traded down 0.49% during mid-day trading on Monday, hitting GBX 607.00. The stock had a trading volume of 320,888 shares. CSR plc has a 52 week low of GBX 472.70 and a 52 week high of GBX 820.00. The stock’s 50-day moving average is GBX 312.3 and its 200-day moving average is GBX 412.2. The company’s market cap is £995.5 million.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of CSR plc in a research note on Friday, June 27th. They now have a GBX 840 ($14.41) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of CSR plc in a research note on Wednesday, June 25th. They now have a GBX 680 ($11.66) price target on the stock. Finally, analysts at N+1 Singer reiterated a “hold” rating on shares of CSR plc in a research note on Tuesday, June 24th. They now have a GBX 600 ($10.29) price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the stock. CSR plc presently has a consensus rating of “Hold” and a consensus price target of GBX 627.38 ($10.76).
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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