Arrow Global Group PLC (LON:ARW) has earned a consensus rating of “Buy” from the seven analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 464.17 ($6.29).
Several research firms have commented on ARW. Numis Securities reissued a “buy” rating and set a GBX 528 ($7.16) price target on shares of Arrow Global Group in a research note on Wednesday, October 18th. Shore Capital reissued a “buy” rating on shares of Arrow Global Group in a research note on Wednesday, October 18th. Peel Hunt reissued a “buy” rating and set a GBX 495 ($6.71) price target on shares of Arrow Global Group in a research note on Thursday, November 9th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 500 ($6.78) price target on shares of Arrow Global Group in a research note on Tuesday, September 19th.
In related news, insider Jonathan Bloomer purchased 6,505 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were acquired at an average price of GBX 384 ($5.21) per share, for a total transaction of £24,979.20 ($33,874.69). Also, insider Lee Rochford purchased 24,810 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The stock was bought at an average price of GBX 400 ($5.42) per share, for a total transaction of £99,240 ($134,580.96). Insiders bought 96,123 shares of company stock worth $37,374,585 in the last 90 days.
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Arrow Global Group 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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