Arrow Global Group PLC (LON:ARW) Receives Average Recommendation of “Hold” from Brokerages
Shares of Arrow Global Group PLC (LON:ARW) have been assigned a consensus recommendation of “Hold” from the seven brokerages that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 334.80 ($4.37).
Several analysts have issued reports on ARW shares. Numis Securities reaffirmed a “buy” rating on shares of Arrow Global Group in a research note on Thursday, May 30th. Peel Hunt reaffirmed a “hold” rating on shares of Arrow Global Group in a research note on Monday, May 6th. Shore Capital reaffirmed a “buy” rating and issued a GBX 380 ($4.97) target price (down previously from GBX 400 ($5.23)) on shares of Arrow Global Group in a research note on Thursday, May 9th. Jefferies Financial Group upped their target price on Arrow Global Group from GBX 458 ($5.98) to GBX 534 ($6.98) and gave the stock a “buy” rating in a research note on Tuesday, April 9th. Finally, JPMorgan Chase & Co. cut their target price on Arrow Global Group from GBX 460 ($6.01) to GBX 380 ($4.97) and set an “overweight” rating for the company in a research note on Wednesday, March 6th.
Shares of LON ARW traded up GBX 5.60 ($0.07) during midday trading on Friday, hitting GBX 223 ($2.91). 459,259 shares of the company’s stock were exchanged, compared to its average volume of 835,450. Arrow Global Group has a 12-month low of GBX 166.20 ($2.17) and a 12-month high of GBX 291 ($3.80). The company has a current ratio of 0.31, a quick ratio of 0.31 and a debt-to-equity ratio of 578.68. The firm has a market capitalization of $390.77 million and a price-to-earnings ratio of 8.51.
Arrow Global Group Company Profile
Arrow Global Group PLC identifies, acquires, and manages secured and unsecured defaulted and non-core loan portfolios and real estate from and on behalf of financial institutions, such as banks, institutional investors, and credit card companies in the United Kingdom and internationally. The company also engages in the debt purchase, and asset management servicing business.
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