Exane BNP Paribas Has Just Reaffirmed GBX 1300 Target Price Per Share onting

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ARM Holdings (LON:ARM) Rating Reaffirmed

London: In an analyst research report distributed on Friday morning, Exane BNP Paribas has restated their “Outperform” rating on ARM Holdings (LON:ARM) shares. They now have a GBX 1300 target price on the firm. Exane BNP Paribas’s target indicates a potential upside of 20.04% from the company’s closing share price.

From a total of 22 analysts covering ARM Holdings PLC (LON:ARM) stock, 19 rate it a ”Buy”, 2 a “Sell”, and 6 a ”Hold”. This means that 70% of the ratings are positive. The highest target price is GBX 1500 while the lowest target price is GBX 650. The mean of all analyst targets is GBX 1173.41 with a 6.95% above today’s (GBX 1082) stock price. ARM Holdings PLC was the topic of 99 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 10 with “Sell” rating. Deutsche Bank maintained shares with “Hold” rating and GBX 980 target share price in a report from a November 25. BNP Paribas maintained ARM stock in a recent report from December 4 with “Outperform” rating. Credit Suisse maintained the rating on November 24. Credit Suisse has a “Outperform” rating and a GBX 1230 price target on shares. Finally, Bernstein maintained the stock with “Market Perform” rating in a report issued on a December 1.

Approximately 707,204 shares of stock traded hands. ARM Holdings plc (LON:ARM) has declined 1.27% since May 14, 2015 and is downtrending. It has outperformed by 1.75% the S&P500.

Exane BNP Paribas Has Just Reaffirmed GBX 1300 Target Price Per Share on ARM Holdings (LON:ARM) stock, While They’ve Also Reiterated Their

ARM Holdings plc is a United Kingdom firm engaged in designing of microprocessors, physical intellectual property (IP) and related technology and software, and sale of development tools. The company has a market cap of 15.30 billion GBP. The Company’s offers products, such as 16/32/64-bit RISC microprocessors, data engines, graphics processors, digital libraries, embedded memories, peripherals, software and development tools, as well as analog functions and high-speed connectivity products. It has 47.91 P/E ratio. The Company’s product offering includes microprocessor Cores, physical IP, development tools and support and maintenance services.

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