Deutsche Bank cut shares of CSR (OTCMKTS:CSRLF) from a buy rating to a hold rating in a research report released on Thursday, The Fly reports.
Other research analysts have also recently issued reports about the stock. UBS Group initiated coverage on shares of CSR in a research note on Friday, February 8th. They issued a sell rating on the stock. Credit Suisse Group cut shares of CSR from a neutral rating to an underperform rating in a research note on Thursday.
Shares of CSRLF stock opened at $2.54 on Thursday. CSR has a 52-week low of $2.01 and a 52-week high of $4.01.
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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