ARM Holdings Stock Rating Reaffirmed by Jefferies Group (ARM)
ARM Holdings (LON: ARM)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Group in a report released on Tuesday. They currently have a $11.11 (693 GBX) target price on the stock.
Shares of ARM Holdings opened at 669.627 on Tuesday. ARM Holdings has a one year low of GBX 463.60 and a one year high of GBX 686.00. The company’s market cap is £9.228 billion.
A number of other firms have also recently commented on ARM. Analysts at Exane BNP Paribas reiterated a “neutral” rating on shares of ARM Holdings in a research note to investors on Monday. They now have a $10.78 price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of ARM Holdings in a research note to investors on Wednesday, October 24th. They now have a $10.53 price target on the stock.
ARM Holdings plc (ARM) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools.
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