Arrow Global Group PLC (LON:ARW) had its price objective lifted by Macquarie from GBX 325 ($4.02) to GBX 335 ($4.15) in a research report report published on Wednesday. Macquarie currently has an outperform rating on the stock.
Other research analysts also recently issued research reports about the company. Jefferies Group upped their price objective on Arrow Global Group PLC from GBX 290 ($3.59) to GBX 359 ($4.44) and gave the company a buy rating in a research note on Wednesday, September 14th. Peel Hunt assumed coverage on Arrow Global Group PLC in a research note on Wednesday, September 21st. They issued a buy rating and a GBX 340 ($4.21) price objective for the company. Numis Securities Ltd reaffirmed an under review rating on shares of Arrow Global Group PLC in a research note on Wednesday, August 31st. Shore Capital reaffirmed a buy rating on shares of Arrow Global Group PLC in a research note on Thursday, September 29th. Finally, JPMorgan Chase & Co. upped their price target on Arrow Global Group PLC from GBX 300 ($3.71) to GBX 330 ($4.08) and gave the stock an overweight rating in a research note on Thursday, September 1st. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of GBX 332.33 ($4.11).
Shares of Arrow Global Group PLC (LON:ARW) opened at 295.00 on Wednesday. Arrow Global Group PLC has a 12 month low of GBX 168.66 and a 12 month high of GBX 316.50. The firm’s market cap is GBX 513.44 million. The company’s 50 day moving average is GBX 275.51 and its 200-day moving average is GBX 250.58.
The company also recently declared a dividend, which will be paid on Thursday, October 13th. Shareholders of record on Thursday, September 15th will be issued a dividend of GBX 2.70 ($0.03) per share. This represents a yield of 1.05%. The ex-dividend date of this dividend is Thursday, September 15th.
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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