CSR PLC Receives Average Rating of “Hold” from Brokerages (NASDAQ:CSRE)
CSR PLC (NASDAQ:CSRE) has been given an average rating of “Hold” by the eight brokerages that are covering the company, American Banking and Market News reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company.
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 (NASDAQ:CSRE) opened at 51.93 on Tuesday. 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 $38.14 and a 200-day moving average of $41.83. The company’s market cap is $2.149 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.
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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