A number of other brokerages also recently issued reports on ARW. Goldman Sachs Group Inc. restated a buy rating and set a GBX 340 ($4.44) price target on shares of Arrow Global Group PLC in a report on Wednesday, June 15th. 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 add rating and set a GBX 290 ($3.79) price target on shares of Arrow Global Group PLC in a report on Tuesday, September 6th. Macquarie restated an outperform rating and set a GBX 325 ($4.24) price target on shares of Arrow Global Group PLC in a report on Thursday, September 1st. Finally, Jefferies Group cut their price target on shares of Arrow Global Group PLC from GBX 340 ($4.44) to GBX 290 ($3.79) and set a buy rating for the company in a report on Wednesday, July 13th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has an average rating of Buy and an average target price of GBX 330.67 ($4.32).
Arrow Global Group PLC (LON:ARW) opened at 289.25 on Wednesday. The company’s market cap is GBX 503.43 million. Arrow Global Group PLC has a 52 week low of GBX 168.66 and a 52 week high of GBX 316.50. The company has a 50-day moving average of GBX 256.15 and a 200-day moving average of GBX 247.65.
The business also recently disclosed a dividend, which will be paid on Thursday, October 13th. Investors of record on Thursday, September 15th will be given a dividend of GBX 2.70 ($0.04) per share. The ex-dividend date is Thursday, September 15th. This represents a dividend yield of 1.05%.
In related news, insider Drury,Tom acquired 50,000 shares of the stock in a transaction that occurred on Wednesday, June 29th. The stock was purchased at an average price of GBX 197 ($2.57) per share, with a total value of £98,500 ($128,573.29).
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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