ARM Holdings Given Sell Rating at Liberum Capital (ARM)
ARM Holdings (LON:ARM)‘s stock had its “sell” rating reiterated by equities research analysts at Liberum Capital in a research note issued to investors on Friday, AnalystRatings.Net reports.
ARM Holdings (LON:ARM) opened at 972.00 on Friday. ARM Holdings has a one year low of GBX 752.00 and a one year high of GBX 1112.00. The stock has a 50-day moving average of GBX 1035. and a 200-day moving average of GBX 950.7. The company’s market cap is £13.593 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs Group Inc. downgraded shares of ARM Holdings to a “buy” rating in a research note to investors on Friday. They now have a GBX 1,500 ($24.60) price target on the stock. Separately, analysts at Deutsche Bank downgraded shares of ARM Holdings to a “hold” rating in a research note to investors on Thursday. They now have a GBX 1,070 ($17.55) price target on the stock, down previously from GBX 1,130 ($18.53). Finally, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of ARM Holdings in a research note to investors on Tuesday. They now have a GBX 1,250 ($20.50) price target on the stock. Six equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eighteen have assigned a buy rating to the stock. ARM Holdings has an average rating of “Hold” and a consensus price target of GBX 795.04 ($13.04).
ARM Holdings plc (LON:ARM) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools.
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