Numis Securities Ltd upgraded shares of Arrow Global Group PLC (LON:ARW) to a buy rating in a report issued on Monday morning. Numis Securities Ltd currently has GBX 405 ($4.94) target price on the stock.
Other research analysts have also issued research reports about the company. Shore Capital reissued a buy rating on shares of Arrow Global Group PLC in a report on Wednesday, August 31st. Jefferies Group cut their price objective on Arrow Global Group PLC from GBX 340 ($4.14) to GBX 290 ($3.53) and set a buy rating for the company in a report on Wednesday, July 13th. Peel Hunt started coverage on Arrow Global Group PLC in a report on Wednesday, September 21st. They set a buy rating and a GBX 340 ($4.14) price objective for the company. Macquarie reissued an outperform rating and set a GBX 325 ($3.96) price objective on shares of Arrow Global Group PLC in a report on Thursday, September 1st. Finally, JPMorgan Chase & Co. reissued an overweight rating on shares of Arrow Global Group PLC in a report on Wednesday, September 21st. Seven investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and a consensus target price of GBX 351.50 ($4.28).
Arrow Global Group PLC (LON:ARW) opened at 296.00 on Monday. The company’s market cap is GBX 515.18 million. Arrow Global Group PLC has a 12-month low of GBX 168.66 and a 12-month high of GBX 316.50. The firm’s 50-day moving average is GBX 281.30 and its 200 day moving average is GBX 251.43.
The business also recently disclosed a dividend, which was paid on Thursday, October 13th. Stockholders of record on Thursday, September 15th were paid a dividend of GBX 2.70 ($0.03) per share. This represents a dividend yield of 1.05%. The ex-dividend date of this dividend was Thursday, September 15th.
Arrow Global Group PLC Company Profile
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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