Arrow Global Group PLC (LON:ARW) Receives GBX 226 Average Price Target from Analysts
Arrow Global Group PLC (LON:ARW) has earned an average recommendation of “Hold” from the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 226 ($2.95).
A number of brokerages have issued reports on ARW. Peel Hunt reaffirmed a “sell” rating and set a GBX 200 ($2.61) target price on shares of Arrow Global Group in a research report on Tuesday, November 12th. Shore Capital restated a “buy” rating on shares of Arrow Global Group in a research note on Tuesday, November 12th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Arrow Global Group in a report on Monday, September 16th. Peel Hunt reiterated a “sell” rating and issued a GBX 200 ($2.61) target price on shares of Arrow Global Group in a research note on Tuesday, November 12th. Finally, Goldman Sachs Group lowered their target price on shares of Arrow Global Group from GBX 240 ($3.14) to GBX 230 ($3.01) and set a “neutral” rating on the stock in a research note on Thursday, November 14th.
ARW opened at GBX 206.40 ($2.70) on Friday. The company has a debt-to-equity ratio of 610.72, a quick ratio of 0.74 and a current ratio of 0.74. The company has a market cap of $371.40 million and a PE ratio of 9.34. The stock has a 50-day moving average of GBX 221.27 and a 200-day moving average of GBX 223.44. Arrow Global Group has a 52-week low of GBX 166.20 ($2.17) and a 52-week high of GBX 284.58 ($3.72).
Arrow Global Group PLC identifies, acquires, and manages secured and unsecured defaulted and non-core loan portfolios and real estate from and on behalf of financial institutions, such as banks, institutional investors, and credit card companies in the United Kingdom and internationally. The company also engages in the debt purchase, and asset management servicing business.
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