CSR plc Stock Rating Reaffirmed by Liberum Capital (CSR)
CSR plc (LON:CSR)‘s stock had its “buy” rating reiterated by analysts at Liberum Capital in a research report issued to clients and investors on Thursday. They currently have a GBX 680 ($11.25) price objective on the stock. Liberum Capital’s price target points to a potential upside of 18.26% from the company’s current price.
CSR plc (LON:CSR) opened at 728.13 on Thursday. 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 230.0 and its 200-day moving average is GBX 355.3. The company’s market cap is £1.205 billion.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group downgraded shares of CSR plc to a “hold” rating in a research note on Wednesday, August 13th. They now have a GBX 569 ($9.42) price target on the stock, down previously from GBX 679 ($11.24). Separately, 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 ($9.93) price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of CSR plc from GBX 400 ($6.62) to GBX 420 ($6.95) in a research note on Friday, July 25th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. CSR plc has a consensus rating of “Hold” and an average price target of GBX 618.92 ($10.24).
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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