ARRIS International plc (NASDAQ:ARRS) gets downgraded to Outperform by Raymond James with a price target of $29.00

ME Staff
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Analyst Ratings For ARRIS International plc (NASDAQ:ARRS)

Today, ARRIS International plc (NASDAQ:ARRS) stock was downgraded by Raymond James from Strong-Buy to Outperform with a price target of $29.00.

There are 3 Hold Ratings, 3 Buy Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on ARRIS International plc (NASDAQ:ARRS) is Hold with a consensus target price of $29.2857 per share, a potential 29.53% upside.

Some recent analyst ratings include

  • 10/15/2018-ARRIS International plc (NASDAQ:ARRS) gets downgraded to Outperform by Raymond James with a price target of $29.00
  • 8/2/2018-ARRIS International plc (NASDAQ:ARRS) had its Hold rating reiterated by Northland Securities with a $23.00 price target
  • 7/12/2018-ARRIS International plc (NASDAQ:ARRS) has coverage initiated with a Outperform rating and $32.00 price target
  • 6/20/2018-ARRIS International plc (NASDAQ:ARRS) gets downgraded to Sell by Goldman Sachs Group with a price target of $24.00
  • 3/22/2018-ARRIS International plc (NASDAQ:ARRS) had its Equal Weight ➝ Equal Weight rating reiterated by Barclays with a $31.00 price target
  • 1/29/2018-ARRIS International plc (NASDAQ:ARRS) has coverage initiated with a Buy rating and $35.00 price target
  • 12/19/2017-ARRIS International plc (NASDAQ:ARRS) gets downgraded to Equal Weight by Morgan Stanley with a price target of $31.00

Recent Insider Trading Activity For ARRIS International plc (NASDAQ:ARRS)
ARRIS International plc (NASDAQ:ARRS) has insider ownership of 1.00% and institutional ownership of 87.26%.

  • On 8/15/2018 David A Woodle, Director, bought 1,000 with an average share price of $23.84 per share and the total transaction amounting to $23,840.00.
  • On 8/13/2018 Bruce William Mcclelland, CEO, bought 1,500 with an average share price of $24.08 per share and the total transaction amounting to $36,120.00.
  • On 8/8/2018 Doreen A Toben, Director, bought 1,040 with an average share price of $24.03 per share and the total transaction amounting to $24,991.20.
  • On 8/3/2018 Bruce William Mcclelland, CEO, bought 1,500 with an average share price of $23.81 per share and the total transaction amounting to $35,715.00.
  • On 7/10/2018 David Potts, EVP, sold 2,848 with an average share price of $25.90 per share and the total transaction amounting to $73,763.20.
  • On 7/9/2018 Philip Charles Baldock, SVP, sold 1,394 with an average share price of $25.47 per share and the total transaction amounting to $35,505.18.
  • On 5/10/2018 James R Brennan, SVP, sold 10,000 with an average share price of $27.39 per share and the total transaction amounting to $273,900.00.

About ARRIS International plc (NASDAQ:ARRS)
ARRIS International plc, together with its subsidiaries, provides entertainment, communications, and networking technology and solutions worldwide. It operates through three segments: Customer Premises Equipment, Network & Cloud, and Enterprise Networks. The Customer Premises Equipment segment offers digital subscriber lines and cable modems, broadband gateways, set-top boxes, and video gateways. The Network & Cloud segment provides cable modem termination system, converged cable access platform, passive optical network, service provider and programmer equipment, Ad insertion technologies, and equipment in the ground or on transmission poles, as well as equipment used to initiate the distribution of content-carrying signals. This segment also offers technical support and professional services; software products that enable providers to deliver content and advertising services; network management products that collect information from the broadband network; and customer experience management solutions, as well as network surveillance and issue correlation software and services. The Enterprise Networks segment provides wired Ethernet switches; and indoor, outdoor, and special-purpose Wi-Fi access points, as well as accessories, such as antennas. This segment also offers SmartCell Insight, a big data Wi-Fi analytics and reporting platform; ZonePlanner, a Wi-Fi planning and modeling software; Smart Positioning Technology, a cloud-based smart Wi-Fi location-based services platform; Cloudpath Wi-Fi device; mobile apps for controllers, cloud Wi-Fi, location, and performance testing; Ruckus Cloud Wi-Fi, a wireless local area network management-as-a-service; and ZoneDirector, a smart Wi-Fi controller. The company was formerly known as ARRIS Group, Inc. and changed its name to ARRIS International plc in January 2016. ARRIS International plc was founded in 1969 and is headquartered in Suwanee, Georgia.

Recent Trading Activity for ARRIS International plc (NASDAQ:ARRS)
Shares of ARRIS International plc closed the previous trading session at 22,62 −0,51 2,20 % with 21.83 shares trading hands.