ARRIS International plc (NASDAQ:ARRS) has coverage initiated with a Positive rating and $32.00 price target

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

Today, Wells Fargo & Co initiated coverage on ARRIS International plc (NASDAQ:ARRS) with a Outperform with a price target of $32.00.

There are 1 sell ratings, 3 hold ratings, 4 buy ratings, 0 strong buy ratings on the stock.

The current consensus rating on ARRIS International plc (NASDAQ:ARRS) is Hold with a consensus target price of $31.50 per share, a potential 19.45% upside.

Some recent analyst ratings include

  • 7/12/2018-Wells Fargo & Co initiated coverage with a Outperform rating.
  • 6/20/2018-Goldman Sachs Group was Downgraded by analysts at Goldman Sachs Group from a “Neutral ” rating to a ” Sell” rating. They now have a $24.00 price target on the stock.
  • 3/22/2018-Barclays Reiterated Rating of Equal Weight .
  • 1/29/2018-Loop Capital initiated coverage with a Buy rating.
  • 12/19/2017-Morgan Stanley was Downgraded by analysts at Morgan Stanley from a “Overweight ” rating to a ” Equal Weight” rating. They now have a $31.00 price target on the stock.

Recent Insider Trading Activity For ARRIS International plc (NASDAQ:ARRS)
ARRIS International plc (NASDAQ:ARRS) has insider ownership of 0.90% and institutional ownership of 87.18%.

  • 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.
  • On 4/3/2018 David Potts, EVP, sold 4,191 with an average share price of $26.50 per share and the total transaction amounting to $111,061.50.
  • On 3/29/2018 David Potts, EVP, sold 4,419 with an average share price of $26.30 per share and the total transaction amounting to $116,219.70.
  • On 3/29/2018 Philip Charles Baldock, SVP, sold 1,304 with an average share price of $26.30 per share and the total transaction amounting to $34,295.20.
  • On 2/22/2018 Bruce William Mcclelland, CEO, bought 1,500 with an average share price of $24.72 per share and the total transaction amounting to $37,080.00.

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 26.40 up +0.42 1.60% with 477416 shares trading hands.