Arrow Global Group (LON:ARW) Earns “Reduce” Rating from Peel Hunt

Peel Hunt reissued their reduce rating on shares of Arrow Global Group (LON:ARW) in a research report released on Monday, ThisIsMoney.Co.Uk reports.

Other analysts also recently issued reports about the stock. Berenberg Bank reiterated a sell rating and issued a GBX 600 ($7.84) price objective on shares of Great Portland Estates in a report on Tuesday, April 2nd. Numis Securities reissued a buy rating and issued a GBX 877 ($11.46) target price on shares of in a research note on Thursday, May 30th. Shore Capital reissued a buy rating on shares of Blue Prism Group in a research note on Friday, June 28th. Goldman Sachs Group set a €57.00 ($66.28) target price on shares of Lanxess and gave the company a buy rating in a research note on Tuesday, March 12th. Finally, Jefferies Financial Group reissued a hold rating on shares of COMPASS GRP PLC/S in a research note on Tuesday, April 9th. Two analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of GBX 312.33 ($4.08).

Shares of LON ARW traded down GBX 8 ($0.10) during midday trading on Monday, reaching GBX 253 ($3.31). The company’s stock had a trading volume of 120,381 shares, compared to its average volume of 835,450. The company has a debt-to-equity ratio of 578.68, a current ratio of 0.31 and a quick ratio of 0.31. Arrow Global Group has a fifty-two week low of GBX 166.20 ($2.17) and a fifty-two week high of GBX 270.50 ($3.53). The company has a market cap of $443.21 million and a PE ratio of 9.66. The stock has a 50 day simple moving average of GBX 222.25.

In other news, insider Dave Sutherland bought 4,975 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The stock was acquired at an average cost of GBX 200 ($2.61) per share, with a total value of £9,950 ($13,001.44).

Arrow Global Group Company Profile

Arrow Global Group PLC identifies, acquires, and manages secured and unsecured defaulted and non-core loan portfolios and real estate from and on behalf of financial institutions, such as banks, institutional investors, and credit card companies in the United Kingdom and internationally. The company also engages in the debt purchase, and asset management servicing business.

See Also: Cost of equity and a company’s balance sheet

Analyst Recommendations for Arrow Global Group (LON:ARW)

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