Goldman Sachs Group Inc. Lowers Arrow Global Group PLC (ARW) Price Target to GBX 365
Arrow Global Group PLC (LON:ARW) had its price objective lowered by analysts at Goldman Sachs Group Inc. from GBX 375 ($4.69) to GBX 365 ($4.56) in a report issued on Monday. The firm presently has a “buy” rating on the stock. Goldman Sachs Group Inc.’s target price would suggest a potential upside of 21.67% from the company’s current price.
A number of other research analysts have also recently issued reports on ARW. Shore Capital restated a “buy” rating on shares of Arrow Global Group PLC in a report on Wednesday, August 31st. Numis Securities Ltd restated an “under review” rating on shares of Arrow Global Group PLC in a report on Wednesday, August 31st. Macquarie restated an “outperform” rating and set a GBX 325 ($4.06) price objective on shares of Arrow Global Group PLC in a report on Thursday, September 1st. JPMorgan Chase & Co. boosted their price objective on shares of Arrow Global Group PLC from GBX 300 ($3.75) to GBX 330 ($4.12) and gave the company an “overweight” rating in a report on Thursday, September 1st. Finally, Jefferies Group boosted their price objective on shares of Arrow Global Group PLC from GBX 290 ($3.62) to GBX 359 ($4.49) and gave the company a “buy” rating in a report on Wednesday, September 14th. Seven investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 355.67 ($4.44).
Arrow Global Group PLC (LON:ARW) opened at 300.00 on Monday. The company’s market cap is GBX 522.14 million. Arrow Global Group PLC has a 12-month low of GBX 168.66 and a 12-month high of GBX 319.75. The stock’s 50 day moving average is GBX 295.30 and its 200-day moving average is GBX 256.82.
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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