Arrow Global Group PLC Stock Rating Reaffirmed by Canaccord Genuity (ARW)
Arrow Global Group PLC (LON:ARW)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity in a note issued to investors on Thursday, American Banking and Market News reports. They currently have a GBX 300 ($4.92) target price on the stock. Canaccord Genuity’s price objective indicates a potential upside of 22.32% from the stock’s previous close.
A number of other firms have also recently commented on ARW. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Arrow Global Group PLC in a research note on Tuesday. They now have a GBX 270 ($4.43) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Arrow Global Group PLC in a research note on Wednesday, February 5th. They now have a GBX 335 ($5.50) price target on the stock. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of GBX 308.75 ($5.07).
Arrow Global Group PLC (LON:ARW) traded down 0.71% on Thursday, hitting GBX 245.25. 102,277 shares of the company’s stock traded hands. Arrow Global Group PLC has a 52-week low of GBX 216.00 and a 52-week high of GBX 277.75. The stock has a 50-day moving average of GBX 257.4 and a 200-day moving average of GBX 250.9.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.