Arrow Global Group PLC (LON:ARW)‘s stock had its “buy” rating reissued by stock analysts at Shore Capital in a note issued to investors on Thursday.

Several other equities research analysts also recently commented on ARW. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 405 ($5.24) target price on shares of Arrow Global Group PLC in a research note on Thursday, March 2nd. Jefferies Group LLC upped their target price on shares of Arrow Global Group PLC from GBX 359 ($4.64) to GBX 384 ($4.97) and gave the company a “buy” rating in a research note on Thursday, January 19th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 340 ($4.40) target price on shares of Arrow Global Group PLC in a research note on Thursday, March 2nd. Macquarie upped their target price on shares of Arrow Global Group PLC from GBX 350 ($4.53) to GBX 360 ($4.66) and gave the company an “outperform” rating in a research note on Wednesday, March 22nd. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 350 ($4.53) target price on shares of Arrow Global Group PLC in a research note on Friday, March 3rd. Seven equities research analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and an average price target of GBX 418 ($5.41).

Analyst Recommendations for Arrow Global Group PLC (LON:ARW)

Arrow Global Group PLC (LON:ARW) traded up 0.06% on Thursday, reaching GBX 408.75. 303,142 shares of the company’s stock traded hands. Arrow Global Group PLC has a 52-week low of GBX 168.66 and a 52-week high of GBX 415.25. The firm’s market capitalization is GBX 712.75 million. The firm’s 50 day moving average price is GBX 360.50 and its 200 day moving average price is GBX 317.50.

The business also recently disclosed a dividend, which will be paid on Thursday, July 6th. Stockholders of record on Thursday, June 8th will be given a dividend of GBX 6.40 ($0.08) per share. This is an increase from Arrow Global Group PLC’s previous dividend of $2.70. The ex-dividend date is Thursday, June 8th. This represents a dividend yield of 1.97%.

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In other news, insider Stewart Hamilton sold 33,416 shares of the stock in a transaction on Thursday, May 11th. The shares were sold at an average price of GBX 385 ($4.98), for a total transaction of £128,651.60 ($166,388.52). Also, insider Robert Memmott sold 135,086 shares of the stock in a transaction on Monday, March 13th. The stock was sold at an average price of GBX 324 ($4.19), for a total transaction of £437,678.64 ($566,061.36).

About Arrow Global Group PLC

Arrow Global Group Plc is a United Kingdom-based company engaged in purchase, collection and servicing of non-performing loans. The Company identifies, acquires and manages secured and unsecured defaulted loan portfolios from financial institutions, such as banks and credit card companies, as well as retail chains, student loans, motor credit, telecommunication firms and utility companies.

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