Arrow Global Group PLC (ARW) Earns Overweight Rating from JPMorgan Chase & Co.
JPMorgan Chase & Co. restated their overweight rating on shares of Arrow Global Group PLC (LON:ARW) in a report published on Thursday. The brokerage currently has a GBX 330 ($4.12) price objective on the stock.
A number of other equities analysts also recently issued reports on ARW. Jefferies Group cut their price target on Arrow Global Group PLC from GBX 340 ($4.25) to GBX 290 ($3.62) and set a buy rating for the company in a research note on Wednesday, July 13th. Shore Capital reiterated a buy rating on shares of Arrow Global Group PLC in a research note on Wednesday, August 31st. Numis Securities Ltd reiterated an under review rating on shares of Arrow Global Group PLC in a research note on Wednesday, August 31st. Macquarie reiterated an outperform rating and set a GBX 325 ($4.06) price target on shares of Arrow Global Group PLC in a research note on Thursday, September 1st. Finally, Peel Hunt started coverage on Arrow Global Group PLC in a research note on Wednesday, September 21st. They set a buy rating and a GBX 340 ($4.25) price target for the company. Seven investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and a consensus target price of GBX 355.67 ($4.44).
Shares of Arrow Global Group PLC (LON:ARW) opened at 301.75 on Thursday. The company’s 50-day moving average price is GBX 295.17 and its 200-day moving average price is GBX 256.51. Arrow Global Group PLC has a 12 month low of GBX 168.66 and a 12 month high of GBX 319.75. The firm’s market cap is GBX 525.18 million.
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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