Arrow Global Group PLC Given “Buy” Rating at Canaccord Genuity (ARW)
Arrow Global Group PLC (LON:ARW)‘s stock had its “buy” rating restated by equities researchers at Canaccord Genuity in a research report issued on Monday. They currently have a GBX 318 ($5.42) price target on the stock. Canaccord Genuity’s price objective indicates a potential upside of 41.33% from the stock’s previous close.
A number of other firms have also recently commented on ARW. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Arrow Global Group PLC in a research note on Thursday, May 22nd. They now have a GBX 285 ($4.85) price target on the stock. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 317 ($5.40).
Arrow Global Group PLC (LON:ARW) opened at 232.50 on Monday. Arrow Global Group PLC has a 52-week low of GBX 206.33 and a 52-week high of GBX 277.75. The stock’s 50-day moving average is GBX 225.6 and its 200-day moving average is GBX 240.8. The company’s market cap is £405.0 million.
Arrow Global Limited is a provider of debt purchases and receivables management solutions. The Company’s portfolio consists of a range of consumer and commercial credit, including credit card, personal loans, utilities, retail, second liens and telecommunications.
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