CSR Limited (OTCMKTS:CSRLF) Receives Consensus Recommendation of “Hold” from Analysts

CSR Limited (OTCMKTS:CSRLF) has been assigned an average rating of “Hold” from the six ratings firms that are presently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and one has assigned a buy recommendation to the company.

Several brokerages recently issued reports on CSRLF. Credit Suisse Group cut CSR from a “neutral” rating to an “underperform” rating in a research note on Thursday, May 9th. Deutsche Bank cut CSR from a “buy” rating to a “hold” rating in a research note on Thursday, May 9th. Macquarie upgraded CSR from a “neutral” rating to an “outperform” rating in a research note on Thursday, May 23rd. Finally, Citigroup cut CSR from a “neutral” rating to a “sell” rating in a research note on Monday, May 27th.

CSR stock remained flat at $$2.78 during midday trading on Friday. CSR has a 1 year low of $2.01 and a 1 year high of $3.91. The stock has a 50 day moving average price of $2.51.

CSR Company Profile

CSR Limited manufactures and supplies building products for residential and commercial construction in Australia and New Zealand. The company operates through Building Products, Glass, Aluminium, and Property segments. The Building Products segment offers lightweight systems, such as Gyprock plasterboard, Hebel autoclaved aerated concrete products, Cemintel fibre cement, Himmel Interior Systems, and Rondo rolled formed steel products; and insulation products comprising Bradford and Martini insulation, Bradford energy solutions, and Edmonds ventilation systems, as well as bricks and roofing products, and AFS walling systems.

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Analyst Recommendations for CSR (OTCMKTS:CSRLF)

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