CSR plc Given Average Rating of “Hold” by Brokerages (LON:CSR)
CSR plc (LON:CSR) has been given a consensus recommendation of “Hold” by the fourteen ratings firms that are currently covering the stock, StockRatingsNetwork reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 627.38 ($10.65).
A number of analysts have recently weighed in on CSR shares. Analysts at Natixis reiterated a “neutral” rating on shares of CSR plc in a research note on Friday, July 25th. They now have a GBX 600 ($10.19) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of CSR plc from GBX 400 ($6.79) to GBX 420 ($7.13) in a research note on Friday, July 25th. They now have a “buy” 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, July 25th. They now have a GBX 840 ($14.26) price target on the stock.
CSR plc (LON:CSR) traded down 2.37% during mid-day trading on Wednesday, hitting GBX 536.00. 182,061 shares of the company’s stock traded hands. CSR plc has a one year low of GBX 472.70 and a one year high of GBX 820.00. The stock has a 50-day moving average of GBX 397.7 and a 200-day moving average of GBX 533.. The company’s market cap is £887.3 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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