ARM Holdings (LON: ARM)’s stock had its “outperform” rating reiterated by equities research analysts at Credit Suisse in a research note issued to investors on Wednesday. They currently have a $17.07 (1130 GBX) price target on the stock.
ARM has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of ARM Holdings in a research note to investors on Friday, March 15th. They now have a $14.34 price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of ARM Holdings in a research note to investors on Tuesday, March 12th. They now have a $8.21 price target on the stock. Finally, analysts at Morgan Stanley reiterated an “equal-weight” rating on shares of ARM Holdings in a research note to investors on Monday, March 11th. They now have a $13.61 price target on the stock.
Four analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $12.63 (836 GBX).
Shares of ARM Holdings (LON: ARM) traded up 1.12% during mid-day trading on Wednesday, hitting GBX 906.4999. ARM Holdings has a 52 week low of GBX 463.60 and a 52 week high of GBX 985.0001. The stock’s 50-day moving average is currently GBX 576.4. The company’s market cap is £12.659 billion.
ARM Holdings plc (LON: ARM) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools.