ARM Holdings plc Stock Rating Reaffirmed by Galvan Research (ARM)
A number of other firms have also recently commented on ARM. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of ARM Holdings plc in a research note on Friday, August 1st. They now have a GBX 1,150 ($19.35) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of ARM Holdings plc in a research note on Friday, July 25th. They now have a GBX 750 ($12.62) price target on the stock. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and twenty-two have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of GBX 824.14 ($13.87).
ARM Holdings plc (LON:ARM) opened at 867.00 on Thursday. ARM Holdings plc has a 52-week low of GBX 810.9999 and a 52-week high of GBX 1112.00. The stock has a 50-day moving average of GBX 869.5 and a 200-day moving average of GBX 924.5. The company’s market cap is £12.213 billion.
The company also recently declared a dividend, which is scheduled for Friday, October 3rd. Stockholders of record on Wednesday, September 3rd will be given a dividend of GBX 2.52 ($0.04) per share. This represents a yield of 0.29%. The ex-dividend date of this dividend is Wednesday, September 3rd.
ARM Holdings plc (LON:ARM) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools.
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