Brokerages Set Arrow Global Group PLC (LON:ARW) PT at $330.80
Shares of Arrow Global Group PLC (LON:ARW) have earned an average rating of “Buy” from the seven brokerages that are currently covering the company. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 330.80 ($4.32).
Several analysts have recently weighed in on ARW shares. Numis Securities Ltd reissued an “add” rating and issued a GBX 290 ($3.79) target price on shares of Arrow Global Group PLC in a report on Tuesday, September 6th. Goldman Sachs Group Inc. restated a “buy” rating and issued a GBX 340 ($4.44) price target on shares of Arrow Global Group PLC in a research report on Wednesday, June 15th. Shore Capital restated a “buy” rating on shares of Arrow Global Group PLC in a research report on Thursday, September 29th. Peel Hunt initiated coverage on Arrow Global Group PLC in a research report on Wednesday, September 21st. They issued a “buy” rating and a GBX 340 ($4.44) price target on the stock. Finally, Jefferies Group boosted their price target on Arrow Global Group PLC from GBX 290 ($3.79) to GBX 359 ($4.69) and gave the company a “buy” rating in a research report on Wednesday, September 14th.
Arrow Global Group PLC (LON:ARW) opened at 284.75 on Friday. The stock has a 50 day moving average price of GBX 267.54 and a 200 day moving average price of GBX 249.28. Arrow Global Group PLC has a 52-week low of GBX 168.66 and a 52-week high of GBX 316.50. The stock’s market cap is GBX 495.60 million.
The firm also recently announced a dividend, which will be paid on Thursday, October 13th. Shareholders of record on Thursday, September 15th will be given a dividend of GBX 2.70 ($0.04) per share. This represents a yield of 1.05%. The ex-dividend date is Thursday, September 15th.
About Arrow Global Group PLC
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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