CSR PLC Receives Consensus Rating of “Hold” from Analysts (NASDAQ:CSRE)
CSR PLC (NASDAQ:CSRE) has earned an average rating of “Hold” from the eight brokerages that are presently covering the company, ARN reports. Two equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company.
Shares of CSR PLC (NASDAQ:CSRE) traded up 2.36% during mid-day trading on Tuesday, hitting $37.66. 1,136 shares of the company’s stock traded hands. CSR PLC has a 1-year low of $30.00 and a 1-year high of $53.90. The stock has a 50-day moving average of $37.70 and a 200-day moving average of $41.78. The company’s market cap is $1.559 billion.
The company also recently declared a semiannual dividend, which is scheduled for Friday, September 5th. Stockholders of record on Friday, August 15th will be given a dividend of $0.208 per share. This represents a yield of 1.17%. The ex-dividend date of this dividend is Wednesday, August 13th.
Separately, analysts at Jefferies Group downgraded shares of CSR PLC from a “buy” rating to a “hold” rating in a research note on Wednesday, August 13th.
CSR plc is an United Kingdom-based holding company. The Company is a provider of multifunction connectivity, audio, and location platforms.
Receive News & Ratings for CSR PLC (ADR) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CSR PLC (ADR) and related companies with Analyst Ratings Network's FREE daily email newsletter.