Arrow Global Group PLC’s (ARW) Buy Rating Reiterated at Numis Securities Ltd
Numis Securities Ltd reiterated their buy rating on shares of Arrow Global Group PLC (LON:ARW) in a report issued on Wednesday morning. They currently have a GBX 405 ($5.02) price objective on the stock.
Other analysts have also issued reports about the stock. Shore Capital restated a buy rating on shares of Arrow Global Group PLC in a research report on Wednesday, August 31st. Jefferies Group lowered their price objective on shares of Arrow Global Group PLC from GBX 340 ($4.21) to GBX 290 ($3.59) and set a buy rating for the company in a research note on Wednesday, July 13th. Peel Hunt started coverage on shares of Arrow Global Group PLC in a research note on Wednesday, September 21st. They set a buy rating and a GBX 340 ($4.21) price objective for the company. Macquarie reaffirmed an outperform rating and set a GBX 325 ($4.03) price objective on shares of Arrow Global Group PLC in a research note on Thursday, September 1st. Finally, JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Arrow Global Group PLC in a research note on Wednesday, September 21st. Seven equities research analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and an average price target of GBX 355.67 ($4.41).
Arrow Global Group PLC (LON:ARW) opened at 297.75 on Wednesday. The firm’s market cap is GBX 518.22 million. Arrow Global Group PLC has a 1-year low of GBX 168.66 and a 1-year high of GBX 319.75. The firm’s 50-day moving average price is GBX 294.89 and its 200-day moving average price is GBX 256.30.
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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