Sanford C. Bernstein reiterated their underperform rating on shares of ARM Holdings (LON:ARM) in a research note released on Monday morning, AnalystRatings.NET reports. They currently have a GBX 590 ($9.68) target price on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at BMO Capital Markets downgraded shares of ARM Holdings to a market perform rating in a research note to investors on Friday. They now have a GBX 1,150 ($18.86) price target on the stock. Separately, analysts at BNP Paribas reiterated a neutral rating on shares of ARM Holdings in a research note to investors on Thursday, January 2nd. They now have a GBX 960 ($15.75) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a buy rating on shares of ARM Holdings in a research note to investors on Thursday, December 19th. They now have a GBX 1,250 ($20.50) price target on the stock. Six research analysts have rated the stock with a sell rating, eight have assigned a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of Hold and an average target price of GBX 769.50 ($12.62).
Shares of ARM Holdings (LON:ARM) traded down 2.13% on Monday, hitting GBX 1055.00. The stock had a trading volume of 3,901,934 shares. ARM Holdings has a 1-year low of GBX 752.00 and a 1-year high of GBX 1112.00. The stock’s 50-day moving average is GBX 1030. and its 200-day moving average is GBX 946.4. The company’s market cap is £14.754 billion.
ARM Holdings plc (LON:ARM) designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.