Shore Capital Reaffirms “Buy” Rating for Arrow Global Group PLC (ARW)
Arrow Global Group PLC (LON:ARW)‘s stock had its “buy” rating reissued by analysts at Shore Capital in a research report issued to clients and investors on Thursday.
ARW has been the topic of a number of other reports. 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 note on Wednesday, September 14th. Peel Hunt started coverage on Arrow Global Group PLC in a report on Wednesday, September 21st. They issued a “buy” rating and a GBX 340 ($4.44) price objective for the company. Macquarie reissued an “outperform” rating and issued a GBX 325 ($4.24) price objective on shares of Arrow Global Group PLC in a report on Thursday, September 1st. Numis Securities Ltd reissued an “under review” rating on shares of Arrow Global Group PLC in a report on Wednesday, August 31st. Finally, JPMorgan Chase & Co. upped their price target on Arrow Global Group PLC from GBX 300 ($3.92) to GBX 330 ($4.31) and gave the stock an “overweight” rating in a report on Thursday, September 1st. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 330.67 ($4.32).
Shares of Arrow Global Group PLC (LON:ARW) opened at 297.25 on Thursday. Arrow Global Group PLC has a 52 week low of GBX 168.66 and a 52 week high of GBX 316.50. The company has a 50-day moving average price of GBX 259.06 and a 200 day moving average price of GBX 248.16. The stock’s market capitalization is GBX 517.35 million.
The company also recently disclosed a dividend, which will be paid on Thursday, October 13th. Shareholders of record on Thursday, September 15th will be issued a dividend of GBX 2.70 ($0.04) per share. This represents a dividend yield of 1.05%. The ex-dividend date 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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