ARM Holdings Rating Reiterated by Barclays (ARM)
ARM Holdings (LON:ARM)‘s stock had its “overweight” rating reiterated by analysts at Barclays in a research report issued to clients and investors on Wednesday, Analyst Ratings News reports. They currently have a GBX 1,125 ($18.49) target price on the stock. Barclays’ price objective points to a potential upside of 26.05% from the company’s current price.
A number of other firms have also recently commented on ARM. Analysts at Numis Securities Ltd reiterated a “reduce” rating on shares of ARM Holdings in a research note to investors on Tuesday. They now have a GBX 800 ($13.15) price target on the stock. Separately, analysts at FinnCap reiterated a “hold” rating on shares of ARM Holdings in a research note to investors on Tuesday. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of ARM Holdings in a research note to investors on Monday. They now have a GBX 1,050 ($17.26) price target on the stock, down previously from GBX 1,080 ($17.75). Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and eighteen have assigned a buy rating to the company’s stock. ARM Holdings has an average rating of “Hold” and an average price target of GBX 796.89 ($13.10).
ARM Holdings plc (LON:ARM) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools.
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