CSR plc Stock Rating Reaffirmed by Numis Securities Ltd (CSR)
CSR plc (LON:CSR)‘s stock had its “buy” rating reiterated by stock analysts at Numis Securities Ltd in a report issued on Friday. They currently have a GBX 840 ($14.35) price target on the stock. Numis Securities Ltd’s target price suggests a potential upside of 45.45% from the company’s current price.
Shares of CSR plc (LON:CSR) opened at 577.50 on Friday. 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 401.1 and its 200-day moving average is GBX 531.8. The company’s market cap is £947.2 million.
A number of other analysts have also recently weighed in on CSR. Analysts at Liberum Capital reiterated a “buy” rating on shares of CSR plc in a research note on Friday. They now have a GBX 680 ($11.62) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of CSR plc in a research note on Thursday. They now have a GBX 750 ($12.82) 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 Thursday. They now have a GBX 600 ($10.25) price target on the stock. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. CSR plc currently has a consensus rating of “Hold” and a consensus target price of GBX 627.38 ($10.72).
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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