Arxis, Inc. (NASDAQ:ARXS – Get Free Report) has been given an average recommendation of “Moderate Buy” by the twelve research firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $49.6364.
ARXS has been the subject of a number of recent analyst reports. Citigroup raised their price objective on shares of Arxis from $50.00 to $54.00 and gave the stock a “buy” rating in a research note on Wednesday, July 1st. UBS Group set a $53.00 target price on shares of Arxis in a research note on Monday, May 11th. Wall Street Zen raised Arxis to a “hold” rating in a research report on Saturday, May 2nd. William Blair started coverage on Arxis in a report on Monday, May 11th. They set an “outperform” rating on the stock. Finally, Zacks Research raised Arxis to a “hold” rating in a research report on Tuesday, May 12th.
View Our Latest Stock Analysis on Arxis
Arxis Trading Down 0.6%
About Arxis
We are a leading designer and manufacturer of proprietary, mission-critical electronic and mechanical components engineered for cutting-edge performance in extreme environments. Leveraging significant intellectual property (“IP”) and world-class engineering capabilities, we design and deliver innovative solutions that address some of our customers’ most complex performance needs. Arxis is the result of a deliberate and disciplined strategy executed by our sponsor, Arcline, and the Arxis management team to create a purpose-built, cohesive business through targeted acquisitions with similar product and end market characteristics.
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