Numis Securities Ltd restated their add rating on shares of Arrow Global Group PLC (LON:ARW) in a research report released on Wednesday morning. They currently have a GBX 290 ($3.59) target price on the stock.
A number of other equities analysts also recently commented on ARW. Peel Hunt initiated coverage on Arrow Global Group PLC in a report on Wednesday. They set a buy rating and a GBX 340 ($4.21) target price for the company. Macquarie upped their target price on Arrow Global Group PLC from GBX 325 ($4.02) to GBX 335 ($4.15) and gave the company an outperform rating in a report on Wednesday. Shore Capital restated a buy rating on shares of Arrow Global Group PLC in a report on Thursday, September 29th. JPMorgan Chase & Co. restated an overweight rating on shares of Arrow Global Group PLC in a report on Wednesday, September 21st. Finally, Jefferies Group upped their target price on Arrow Global Group PLC from GBX 290 ($3.59) to GBX 359 ($4.44) and gave the company a buy rating in a report on Wednesday, September 14th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of Buy and an average price target of GBX 332.33 ($4.11).
Arrow Global Group PLC (LON:ARW) opened at 293.00 on Wednesday. The stock’s market capitalization is GBX 509.95 million. The firm’s 50-day moving average is GBX 275.51 and its 200-day moving average is GBX 250.58. Arrow Global Group PLC has a 12-month low of GBX 168.66 and a 12-month high of GBX 316.50.
The company also recently announced a dividend, which will be paid on Thursday, October 13th. Shareholders of record on Thursday, September 15th will be given a GBX 2.70 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, September 15th. This represents a yield of 1.05%.
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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