Arrow Global Group PLC (LON:ARW) Receives GBX 246.67 Average PT from Brokerages

Shares of Arrow Global Group PLC (LON:ARW) have been given a consensus rating of “Hold” by the seven research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 246.67 ($3.22).

Several research firms recently issued reports on ARW. Shore Capital reissued a “buy” rating on shares of Arrow Global Group in a research report on Thursday, August 8th. Jefferies Financial Group reissued a “buy” rating on shares of Arrow Global Group in a research report on Monday, September 16th. Goldman Sachs Group raised their target price 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 report on Thursday, August 15th. JPMorgan Chase & Co. cut their price target 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 report on Tuesday, August 13th. Finally, Peel Hunt lowered shares of Arrow Global Group to a “sell” rating in a report on Thursday, August 8th.

Shares of ARW traded down GBX 3.20 ($0.04) during mid-day trading on Tuesday, hitting GBX 229.80 ($3.00). The company had a trading volume of 229,106 shares, compared to its average volume of 835,450. The business’s 50-day simple moving average is GBX 223.82 and its 200-day simple moving average is GBX 221.49. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 601.98. 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 stock has a market cap of $398.99 million and a PE ratio of 9.38.

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.

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Analyst Recommendations for Arrow Global Group (LON:ARW)

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