CSR plc Given Average Rating of “Hold” by Brokerages (LON:CSR)
Shares of CSR plc (LON:CSR) have earned an average rating of “Hold” from the fourteen brokerages that are presently covering the stock, Analyst Ratings Network reports. One research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and five have given 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).
Shares of CSR plc (LON:CSR) opened at 545.00 on Wednesday. CSR plc has a one year low of GBX 4.688 and a one year high of GBX 820.00. The stock has a 50-day moving average of GBX 349.8 and a 200-day moving average of GBX 517.9. The company’s market cap is £902.2 million.
CSR has been the subject of a number of recent research reports. 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 is an United Kingdom-based holding company. The Company is a provider of multifunction connectivity, audio, and location platforms.
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