ARRIS International plc (NASDAQ:ARRS) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 27, 2016
Having a price of $28.45, ARRIS International plc (NASDAQ:ARRS) traded 0.32% higher on the day. With the last close up 16.42% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. ARRIS International plc has recorded a 50-day average of $27.75 and a two hundred day average of $24.41. Volume of trade was down over the average, with 938,233 shares of ARRS changing hands under the typical 1,921,560
Zacks Investment Research has downgraded ARRIS International plc (NASDAQ:ARRS) to Hold in a statement released on 09/27/2016.
On Tuesday September 20, 2016, Morgan Stanley released a statement on ARRIS International plc (NASDAQ:ARRS) upped the target price from $0.00 to $34.00 that suggested an upside of 0.20%.
With a total market value of $0, ARRIS International plc has with a one year low of $20.05 and a one year high of $32.93 .
A total of 7 analysts have released a research note on ARRIS International plc. One analyst rating the company a strong buy, four analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $32.71.
More About ARRIS International plc (NASDAQ:ARRS)
ARRIS International plc focuses on entertainment and communications technology. The Company operates in two segments: Customer Premises Equipment (CPE), and Network & Cloud (N&C). The CPE segment's products include Set-Top, Gateway, digital subscriber line (DSL) and Cable Modem, and Embedded Multimedia Terminal Adapter (E-MTA) and Voice/Data Modem. The N&C segment includes various products, such as Infrastructure Products, Global Services and Cloud Solutions. It 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 Internet Protocol Television (IPTV) distribution systems, broadband access infrastructure platforms, and associated data and voice CPE, which it also sells directly to consumers through retail channels.
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