Brokerages Set Arrow Global Group PLC (LON:ARW) PT at $330.80
Arrow Global Group PLC (LON:ARW) has received a consensus rating of “Buy” from the seven ratings firms that are presently covering the firm. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 330.80 ($4.32).
A number of brokerages have recently weighed in on ARW. Shore Capital reissued a “buy” rating on shares of Arrow Global Group PLC in a report on Thursday, September 29th. Peel Hunt began 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 on the stock. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Arrow Global Group PLC in a report on Wednesday, September 21st. Numis Securities Ltd reissued an “add” rating and issued a GBX 290 ($3.79) price objective on shares of Arrow Global Group PLC in a report on Tuesday, September 20th. Finally, Jefferies Group increased their price objective on Arrow Global Group PLC from GBX 290 ($3.79) to GBX 359 ($4.69) and gave the company a “buy” rating in a report on Wednesday, September 14th.
Shares of Arrow Global Group PLC (LON:ARW) opened at 284.75 on Friday. Arrow Global Group PLC has a 1-year low of GBX 168.66 and a 1-year high of GBX 316.50. The company’s market cap is GBX 495.60 million. The firm has a 50-day moving average price of GBX 267.54 and a 200-day moving average price of GBX 249.28.
The firm also recently declared 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. The ex-dividend date is Thursday, September 15th. This represents a yield of 1.05%.
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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