Arrow Global Group PLC (ARW) Rating Reiterated by Shore Capital
Arrow Global Group PLC (LON:ARW)‘s stock had its “buy” rating reiterated by equities research analysts at Shore Capital in a note issued to investors on Thursday.
A number of other equities analysts also recently weighed in on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Arrow Global Group PLC in a research note on Wednesday, September 21st. Numis Securities Ltd reaffirmed an “under review” rating on shares of Arrow Global Group PLC in a research note on Wednesday, August 31st. Peel Hunt initiated coverage on shares of Arrow Global Group PLC in a research note on Wednesday, September 21st. They set a “buy” rating and a GBX 340 ($4.44) price target on the stock. Macquarie reaffirmed an “outperform” rating and set a GBX 325 ($4.24) price target on shares of Arrow Global Group PLC in a research note on Thursday, September 1st. Finally, Jefferies Group raised their target price on shares of Arrow Global Group PLC from GBX 290 ($3.79) to GBX 359 ($4.69) and gave the company a “buy” rating in a research note on Wednesday, September 14th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of GBX 330.67 ($4.32).
Shares of Arrow Global Group PLC (LON:ARW) opened at 300.00 on Thursday. Arrow Global Group PLC has a 12 month low of GBX 168.66 and a 12 month high of GBX 316.50. The company has a 50-day moving average of GBX 263.38 and a 200-day moving average of GBX 248.84. The stock’s market capitalization is GBX 522.14 million.
The company also recently declared a dividend, which will be paid on Thursday, October 13th. Investors of record on Thursday, September 15th will be issued a dividend of GBX 2.70 ($0.04) per share. This represents a yield of 1.05%. The ex-dividend date of this dividend is Thursday, September 15th.
Arrow Global Group PLC Company Profile
Arrow Global Group PLC is a United Kingdom-based purchaser and manager of debt that uses data and analytics to acquire and manage debt portfolios from financial institutions and other credit providers. The Company is a provider of receivable management solutions. The Company is engaged in the purchase and collection of non-performing loans (NPLs).
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