ARRIS Group (ARRS) has been under a strong bear grip, hence the stock is down -0.16% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.96% in the past 1 week. The stock has risen by 0.3% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.37% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.29% and the fifty day Moving Average is 8.73%. ARRIS International plc is up 15.24% in the last three month period. Year-to-Date the stock performance stands at -11.22%.
ARRIS Group (ARRS) : The consensus price target for ARRIS Group (ARRS) is $35.14 for the short term with a standard deviation of $2.73. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $40, however, the pessimist price target for the company is $32.
ARRIS Group (NASDAQ:ARRS): stock turned positive on Friday. Though the stock opened at $26.98, the bulls momentum made the stock top out at $27.39 level for the day. The stock recorded a low of $26.83 and closed the trading day at $27.14, in the green by 1.04%. The total traded volume for the day was 1,244,893. The stock had closed at $26.86 in the previous days trading.