ARM Holdings plc Given Neutral Rating at JPMorgan Chase & Co. (ARM)
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of ARM Holdings plc in a research note on Wednesday. They now have a GBX 975 ($16.40) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of ARM Holdings plc in a research note on Monday. They now have a GBX 1,200 ($20.19) price target on the stock. Finally, analysts at Goldman Sachs reiterated a “buy” rating on shares of ARM Holdings plc in a research note on Thursday, May 15th. They now have a GBX 1,450 ($24.39) price target on the stock. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twenty have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 831.82 ($13.99).
ARM Holdings plc (LON:ARM) traded up 1.89% on Wednesday, hitting GBX 860.9999. 7,778,738 shares of the company’s stock traded hands. ARM Holdings plc 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 934.2 and a 200-day moving average of GBX 974.9. The company’s market cap is £12.131 billion.
ARM Holdings plc (LON:ARM) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools.
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