CSR PLC Lowered to Hold at Jefferies Group (CSRE)
CSR PLC (NASDAQ:CSRE) was downgraded by equities research analysts at Jefferies Group from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports.
CSR PLC (NASDAQ:CSRE) opened at 35.50 on Wednesday. CSR PLC has a 52 week low of $30.00 and a 52 week high of $53.90. The stock has a 50-day moving average of $38.57 and a 200-day moving average of $42.29. The company’s market cap is $1.469 billion.
The company also recently announced a semiannual dividend, which is scheduled for Friday, September 5th. Investors of record on Friday, August 15th will be paid a dividend of $0.208 per share. This represents a dividend yield of 1.17%. The ex-dividend date is Wednesday, August 13th.
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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