Wedbush analyst Alicia Reese maintained a Buy rating on Corsair Gaming (CRSR – Research Report) today and set a price target of $18.00. The company’s shares closed yesterday at $11.76.
According to TipRanks, Reese is a 4-star analyst with an average return of 6.4% and a 53.95% success rate. Reese covers the Communication Services sector, focusing on stocks such as IMAX, Cinemark Holdings, and AMC Entertainment.
Corsair Gaming has an analyst consensus of Moderate Buy, with a price target consensus of $15.50, a 31.80% upside from current levels. In a report released today, Barclays also maintained a Buy rating on the stock with a $17.00 price target.
CRSR market cap is currently $1.22B and has a P/E ratio of 411.19.
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CRSR in relation to earlier this year. Most recently, in February 2024, Samuel R. Szteinbaum, a Director at CRSR bought 25,000.00 shares for a total of $138,000.00.
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Corsair Gaming (CRSR) Company Description:
Corsair Gaming Inc is engaged in the business of providing high-performance gear for gamers and content creators. The product portfolio includes Cases, Keyboards, Mice, Headsets, Power Supplies, Gaming Computers, Gaming Chairs, Mouse pads, and other related products. The company operates in two segments namely, Gamer and Creator peripherals and gaming Components and systems.
