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Arris Group Inc. (NDAQ:ARRS) price target upped to $34.00, released a report earlier today by Jefferies & Co

Yesterday Arris Group Inc. (NDAQ:ARRS) traded -0.49% lower at $29.10. The company’s 50-day moving average is $27.84 and its 200-day moving average is $27.61. The last closing price is up 2.82% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 687,861 shares of the stock traded hands, down from an average trading volume of 958,106

Reporting a potential upside of 0.17%, Jefferies & Co increased the stock price target of Arris Group Inc. (NDAQ:ARRS) to $34.00

See Chart Below

Arris Group Inc. (NDAQ:ARRS)

Arris Group Inc. has a 52 week low of $24.75 and a 52 week high of $31.52 with a P/E ratio of 42.89 The company’s market cap is currently $0.

In addition to Jefferies & Co reporting its stock price target, a total of 7 brokers have issued a report on the company. The average stock price target is $32.71 with 1 broker rating the stock a strong buy, 4 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Arris Group Inc. (NDAQ:ARRS)

ARRIS International plc is a media entertainment and data communications solutions provider. The Company operates in two segments: Customer Premises Equipment (CPE), and Network & Cloud (N&C). The Company enables service providers, including cable, telephone, and digital broadcast satellite operators, and media programmers to deliver media, voice and Internet Protocol (IP) data services to their subscribers. It is engaged in offering set-tops, digital video and IP television (IPTV) distribution systems, broadband access infrastructure platforms, and associated data and voice CPE, which it also sells directly to consumers through retail channels. Its solutions are complemented by an array of services, including technical support, repair and refurbishment, and system design and integration. The CPE segment consists of CPE Products-Video and CPE Products-Broadband. The N&C segment consists of Infrastructure Products, Cloud Software and Global Services.

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