Arrow Global Group PLC Stock Rating Reaffirmed by Numis Securities Ltd (ARW)
Arrow Global Group PLC (LON:ARW)‘s stock had its “buy” rating reaffirmed by Numis Securities Ltd in a research note issued on Monday. They currently have a GBX 285 ($4.85) price target on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 26.67% from the stock’s previous close.
Shares of 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 has a 50-day moving average of GBX 225.6 and a 200-day moving average of GBX 240.8. The company’s market cap is £405.0 million.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Arrow Global Group PLC in a research note on Monday. They now have a GBX 318 ($5.42) price target on the stock. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Arrow Global Group PLC presently has an average rating of “Buy” and an average target price of GBX 317 ($5.40).
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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