Jefferies Financial Group Reaffirms Buy Rating for Arrow Global Group (LON:ARW)

Jefferies Financial Group reissued their buy rating on shares of Arrow Global Group (LON:ARW) in a research note issued to investors on Monday morning, ThisIsMoney.Co.Uk reports.

Several other equities research analysts have also weighed in on ARW. Peel Hunt lowered shares of Arrow Global Group to a sell rating in a research note on Thursday, August 8th. Goldman Sachs Group increased their price objective on shares of Arrow Global Group from GBX 220 ($2.87) to GBX 240 ($3.14) and gave the stock a neutral rating in a research note on Thursday, August 15th. Numis Securities reiterated a buy rating on shares of Arrow Global Group in a research note on Thursday, May 30th. Shore Capital reiterated a buy rating on shares of Arrow Global Group in a research note on Thursday, August 8th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Arrow Global Group from GBX 380 ($4.97) to GBX 340 ($4.44) and set an overweight rating on the stock in a research note on Tuesday, August 13th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of GBX 309 ($4.04).

Shares of Arrow Global Group stock opened at GBX 216.20 ($2.83) on Monday. The firm has a market cap of $382.37 million and a PE ratio of 8.82. The firm’s 50-day simple moving average is GBX 223.78 and its 200-day simple moving average is GBX 215.03. The company has a debt-to-equity ratio of 601.98, a quick ratio of 1.25 and a current ratio of 1.25. Arrow Global Group has a 1 year low of GBX 166.20 ($2.17) and a 1 year high of GBX 284.58 ($3.72).

The firm also recently disclosed a dividend, which will be paid on Friday, October 11th. Investors of record on Thursday, September 5th will be paid a dividend of GBX 4.40 ($0.06) per share. The ex-dividend date is Thursday, September 5th. This represents a yield of 1.66%. Arrow Global Group’s dividend payout ratio (DPR) is 0.53%.

About Arrow Global Group

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.

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Analyst Recommendations for Arrow Global Group (LON:ARW)

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