Commentary from Market Matters via Livewire this morning...
CSR Ltd (CSR) $5.55
Building products business CSR has been on our watchlist for a few weeks following its 20% correction. The stock is forecast to yield an attractive 4.1% fully franked return with the next dividend due in November, a great adjunct for a company which MM believes is ideally positioned for at least the next 6-12 months.
MM’s upside target for the CSR is ~25% higher