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Argo Blockchain plc (NASDAQ:ARBK) Given Consensus Recommendation of “Hold” by Analysts

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Shares of Argo Blockchain plc (NASDAQ:ARBKGet Rating) have received a consensus recommendation of “Hold” from the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and seven have issued a hold recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $3.00.

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A number of research firms have weighed in on ARBK. Roth Capital raised shares of Argo Blockchain from a “sell” rating to a “neutral” rating in a research note on Wednesday, January 4th. Compass Point lowered shares of Argo Blockchain from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 25th. Stifel Nicolaus lowered shares of Argo Blockchain from a “hold” rating to a “sell” rating in a research report on Tuesday, November 1st. Jefferies Financial Group lowered shares of Argo Blockchain from a “buy” rating to a “hold” rating in a research report on…

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