Arrow Global Group PLC (ARW) Earns Buy Rating from Shore Capital

Arrow Global Group PLC (LON:ARW)‘s stock had its “buy” rating reiterated by Shore Capital in a research report issued to clients and investors on Wednesday, October 18th.

Several other brokerages have also weighed in on ARW. J P Morgan Chase & Co increased their price objective on Arrow Global Group PLC from GBX 450 ($5.94) to GBX 500 ($6.60) and gave the company an “overweight” rating in a report on Friday, September 1st. Peel Hunt lowered Arrow Global Group PLC to an “add” rating and set a GBX 450 ($5.94) price target for the company. in a report on Thursday, August 31st. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 528 ($6.97) price target on shares of Arrow Global Group PLC in a report on Thursday, August 31st. Finally, Macquarie reaffirmed an “outperform” rating and issued a GBX 360 ($4.75) price target on shares of Arrow Global Group PLC in a report on Monday, July 3rd. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Arrow Global Group PLC presently has an average rating of “Buy” and an average price target of GBX 462.67 ($6.11).

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

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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.

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

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