CSR plc Receives “Buy” Rating from Liberum Capital (CSR)
CSR plc (LON:CSR)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Wednesday. They currently have a GBX 680 ($11.66) price objective on the stock. Liberum Capital’s target price would suggest a potential upside of 14.13% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “underweight” rating on shares of CSR plc in a research note on Tuesday. They now have a GBX 525 ($9.01) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of CSR plc from GBX 370 ($6.35) to GBX 400 ($6.86) in a research note on Monday. They now have a “sell” rating on the stock. Finally, 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. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 627.38 ($10.76).
CSR plc (LON:CSR) traded up 0.05% during mid-day trading on Wednesday, hitting GBX 595.8047. The stock had a trading volume of 274,393 shares. CSR plc has a 1-year low of GBX 472.70 and a 1-year high of GBX 820.00. The stock has a 50-day moving average of GBX 303.7 and a 200-day moving average of GBX 407.7. The company’s market cap is £977.2 million.
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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