Arrow Global Group PLC (ARW) Earns “Buy” Rating from Numis Securities Ltd

Numis Securities Ltd reiterated their buy rating on shares of Arrow Global Group PLC (LON:ARW) in a report released on Wednesday, October 18th. They currently have a GBX 528 ($6.97) price objective on the stock.

Several other research firms also recently commented on ARW. Shore Capital restated a buy rating on shares of Arrow Global Group PLC in a research note on Thursday, August 31st. Peel Hunt upgraded shares of Arrow Global Group PLC to a buy rating and boosted their target price for the stock from GBX 450 ($5.94) to GBX 495 ($6.53) in a research note on Thursday, September 21st. J P Morgan Chase & Co boosted their target price on shares of Arrow Global Group PLC from GBX 450 ($5.94) to GBX 500 ($6.60) and gave the stock an overweight rating in a research note on Friday, September 1st. Finally, Macquarie reiterated an outperform rating and set a GBX 360 ($4.75) target price on shares of Arrow Global Group PLC in a research note on Monday, July 3rd. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Arrow Global Group PLC currently has a consensus rating of Buy and an average target price of GBX 462.67 ($6.11).

Arrow Global Group PLC (LON:ARW) opened at 406.50 on Wednesday. Arrow Global Group PLC has a 1-year low of GBX 266.75 and a 1-year high of GBX 480.00. The stock has a 50 day moving average price of GBX 426.88 and a 200 day moving average price of GBX 413.39. The stock’s market cap is GBX 709.55 million.

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The business also recently disclosed a dividend, which was paid on Tuesday, October 3rd. Shareholders of record on Thursday, September 7th were paid a GBX 3.20 ($0.04) dividend. The ex-dividend date of this dividend was Thursday, September 7th. This represents a yield of 0.7%.

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.

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

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