Arrow Global Group PLC (ARW) Announces Dividend of GBX 1.70
Arrow Global Group PLC (LON:ARW) declared a dividend on Thursday, August 28th, Analyst Ratings.Net reports. Investors of record on Wednesday, September 10th will be given a dividend of GBX 1.70 ($0.03) per share on Thursday, October 9th. This represents a yield of 0.68%. The ex-dividend date is Wednesday, September 10th. The official announcement can be viewed at this link.
Several analysts have recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of Arrow Global Group PLC from GBX 318 ($5.26) to GBX 325 ($5.38) in a research note on Thursday. They now have a “buy” rating on the stock. On a related note, analysts at Numis Securities Ltd downgraded shares of Arrow Global Group PLC to an “add” rating in a research note on Thursday. They now have a GBX 285 ($4.72) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Arrow Global Group PLC in a research note on Thursday. They now have a GBX 335 ($5.54) price target on the stock. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 318.75 ($5.27).
Shares of Arrow Global Group PLC (LON:ARW) traded up 1.21% on Thursday, hitting GBX 250.00. 850,497 shares of the company’s stock traded hands. 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 240.8 and a 200-day moving average of GBX 234.6. The company’s market cap is £435.5 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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