Arrow Global Group PLC Given New GBX 325 Price Target at Canaccord Genuity (ARW)
Analysts at Canaccord Genuity boosted their price target on shares of Arrow Global Group PLC (LON:ARW) from GBX 318 ($5.26) to GBX 325 ($5.38) in a research report issued to clients and investors on Thursday. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price objective points to a potential upside of 31.58% from the company’s current price.
Several other analysts have also recently commented on the stock. 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. Separately, 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 investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Arrow Global Group PLC has an average rating of “Buy” and a consensus price target of GBX 318.75 ($5.27).
Arrow Global Group PLC (LON:ARW) opened at 238.25 on Thursday. 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 240.3 and its 200-day moving average is GBX 234.5. The company’s market cap is £415.0 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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