Arrow Global Group PLC (LON:ARW) had its price target boosted by Macquarie from GBX 325 ($3.96) to GBX 335 ($4.08) in a research report released on Wednesday morning. Macquarie currently has an outperform rating on the stock.
Other research analysts also recently issued reports about the company. Jefferies Group dropped their price objective on Arrow Global Group PLC from GBX 340 ($4.14) to GBX 290 ($3.53) and set a buy rating on the stock in a research note on Wednesday, July 13th. Goldman Sachs Group Inc. reissued a buy rating and issued a GBX 340 ($4.14) price objective on shares of Arrow Global Group PLC in a research note on Wednesday, June 15th. JPMorgan Chase & Co. dropped their price objective on Arrow Global Group PLC from GBX 320 ($3.90) to GBX 300 ($3.66) and set an overweight rating on the stock in a research note on Wednesday, June 29th. Numis Securities Ltd reissued an add rating and issued a GBX 290 ($3.53) price objective on shares of Arrow Global Group PLC in a research note on Tuesday, September 20th. Finally, Shore Capital reaffirmed a buy rating on shares of Arrow Global Group PLC in a research note on Wednesday, August 31st. Seven investment analysts have rated the stock with a buy rating, The company presently has an average rating of Buy and a consensus price target of GBX 351.50 ($4.28).
Shares of Arrow Global Group PLC (LON:ARW) opened at 296.25 on Wednesday. Arrow Global Group PLC has a 52-week low of GBX 168.66 and a 52-week high of GBX 316.50. The firm’s market capitalization is GBX 515.61 million. The stock has a 50 day moving average price of GBX 281.30 and a 200-day moving average price of GBX 251.43.
The business also recently disclosed a dividend, which was paid on Thursday, October 13th. Shareholders of record on Thursday, September 15th were issued a dividend of GBX 2.70 ($0.03) per share. This represents a yield of 1.05%. The ex-dividend date was Thursday, September 15th.
About Arrow Global Group PLC
Arrow Global Group PLC is a United Kingdom-based purchaser and manager of debt that uses data and analytics to acquire and manage debt portfolios from financial institutions and other credit providers. The Company is a provider of receivable management solutions. The Company is engaged in the purchase and collection of non-performing loans (NPLs).
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