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Equities researchers at Numis Securities Ltd lifted their price objective on shares of ARM Holdings plc (LON:ARM) from GBX 880 ($14.81) to GBX 920 ($15.49) in a research report issued on Tuesday. The firm currently has a “hold” rating on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 4.31% from the company’s current price.

ARM Holdings plc (LON:ARM) traded up 3.97% on Tuesday, hitting GBX 917.00. The stock had a trading volume of 4,034,584 shares. ARM Holdings plc has a 52-week low of GBX 752.00 and a 52-week high of GBX 1112.00. The stock has a 50-day moving average of GBX 919.8 and a 200-day moving average of GBX 972.6. The company’s market cap is £12.920 billion.

A number of other analysts have also recently weighed in on ARM. Analysts at Societe Generale reiterated a “sell” rating on shares of ARM Holdings plc in a research note on Wednesday, May 21st. They now have a GBX 680 ($11.45) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of ARM Holdings plc in a research note on Wednesday, May 21st. They now have a GBX 1,200 ($20.20) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of ARM Holdings plc in a research note on Wednesday, May 21st. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twenty have issued a buy rating to the company. ARM Holdings plc presently has an average rating of “Buy” and a consensus price target of GBX 828 ($13.94).

ARM Holdings plc (LON:ARM) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools.

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