Short Term Rating on ARRIS Group (ARRS)

ARRIS Group (ARRS) : 5 brokerage houses believe that ARRIS Group (ARRS) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 7 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.29.

ARRIS Group (ARRS) : Average target price received by ARRIS Group (ARRS) is $34.17 with an expected standard deviation of $3.76. The most aggressive target on the stock is $40, whereas the most downbeat target is $30. 6 financial analysts are currently covering the stock.

For the current week, the company shares have a recommendation consensus of Buy.


ARRIS Group (NASDAQ:ARRS): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.40 and $24.19 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.56, notching a gain of 1.70% for the day. The total traded volume was 1,875,394 . The stock had closed at $24.15 on the previous day.

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