Peel Hunt Begins Coverage on Arrow Global Group PLC (ARW)
Analysts at Peel Hunt initiated coverage on shares of Arrow Global Group PLC (LON:ARW) in a research report issued to clients and investors on Wednesday. The brokerage set a “buy” rating on the stock.
Several other brokerages have also recently weighed in on ARW. Shore Capital restated a “buy” rating on shares of Arrow Global Group PLC in a report on Thursday, September 29th. Macquarie increased their target price on Arrow Global Group PLC from GBX 325 ($4.02) to GBX 335 ($4.15) and gave the company an “outperform” rating in a report on Wednesday. Jefferies Group increased their target price on Arrow Global Group PLC from GBX 290 ($3.59) to GBX 359 ($4.44) and gave the company a “buy” rating in a report on Wednesday, September 14th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Arrow Global Group PLC in a report on Wednesday, September 21st. Finally, Numis Securities Ltd restated an “add” rating and set a GBX 290 ($3.59) target price on shares of Arrow Global Group PLC in a report on Tuesday, September 20th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Arrow Global Group PLC presently has a consensus rating of “Buy” and a consensus price target of GBX 332.33 ($4.11).
Shares of Arrow Global Group PLC (LON:ARW) opened at 286.25 on Wednesday. The firm’s market cap is GBX 498.21 million. Arrow Global Group PLC has a 12-month low of GBX 168.66 and a 12-month high of GBX 316.50. The stock has a 50 day moving average price of GBX 274.04 and a 200 day moving average price of GBX 250.31.
The firm also recently disclosed a dividend, which will be paid on Thursday, October 13th. Shareholders of record on Thursday, September 15th will be issued a GBX 2.70 ($0.03) dividend. 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).
Receive News & Stock Ratings for Arrow Global Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arrow Global Group PLC and related stocks with our FREE daily email newsletter.