Arrow Global Group PLC (ARW) Receives Consensus Rating of “Buy” from Analysts
Arrow Global Group PLC (LON:ARW) has been assigned a consensus recommendation of “Buy” from the seven ratings firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 419.67 ($5.45).
ARW has been the topic of a number of recent analyst reports. Shore Capital reiterated a “buy” rating on shares of Arrow Global Group PLC in a research report on Thursday, May 11th. Numis Securities Ltd reiterated a “buy” rating and set a GBX 415 ($5.39) target price on shares of Arrow Global Group PLC in a research report on Thursday, May 11th. J P Morgan Chase & Co increased their target price on Arrow Global Group PLC from GBX 410 ($5.32) to GBX 450 ($5.84) and gave the company an “overweight” rating in a research report on Friday, May 12th. Goldman Sachs Group, Inc. (The) lowered Arrow Global Group PLC to a “neutral” rating and increased their target price for the company from GBX 425 ($5.52) to GBX 435 ($5.65) in a research report on Tuesday, May 23rd. Finally, Macquarie reiterated an “outperform” rating and set a GBX 360 ($4.67) target price on shares of Arrow Global Group PLC in a research report on Monday, July 3rd.
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Arrow Global Group PLC (LON:ARW) traded up 1.84% during mid-day trading on Tuesday, reaching GBX 457.00. 102,964 shares of the company were exchanged. The stock’s market capitalization is GBX 796.88 million. Arrow Global Group PLC has a one year low of GBX 225.00 and a one year high of GBX 470.00. The stock has a 50 day moving average of GBX 431.42 and a 200-day moving average of GBX 374.23.
Arrow Global Group PLC Company Profile
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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