Arrow Global Group PLC (LON:ARW) has earned an average recommendation of “Buy” from the seven research firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 419.67 ($5.47).
Several analysts have commented on the stock. Macquarie restated an “outperform” rating and issued a GBX 360 ($4.69) price objective on shares of Arrow Global Group PLC in a report on Monday, July 3rd. Goldman Sachs Group, Inc. (The) lowered shares of Arrow Global Group PLC to a “neutral” rating and raised their price objective for the stock from GBX 425 ($5.54) to GBX 435 ($5.67) in a report on Tuesday, May 23rd. J P Morgan Chase & Co lifted their target price on shares of Arrow Global Group PLC from GBX 410 ($5.34) to GBX 450 ($5.86) and gave the company an “overweight” rating in a report on Friday, May 12th. Numis Securities Ltd reiterated a “buy” rating and set a GBX 415 ($5.41) target price on shares of Arrow Global Group PLC in a report on Thursday, May 11th. Finally, Shore Capital restated a “buy” rating on shares of Arrow Global Group PLC in a report on Thursday, May 11th.
Arrow Global Group PLC (LON:ARW) opened at 440.00 on Monday. The firm’s market capitalization is GBX 767.24 million. The stock has a 50 day moving average price of GBX 409.92 and a 200-day moving average price of GBX 357.71. Arrow Global Group PLC has a 52 week low of GBX 203.00 and a 52 week high of GBX 444.50.
In other Arrow Global Group PLC news, insider Stewart Hamilton sold 33,416 shares of Arrow Global Group PLC stock in a transaction that occurred on Thursday, May 11th. The shares were sold at an average price of GBX 385 ($5.02), for a total value of £128,651.60 ($167,602.40). In the last ninety days, insiders acquired 115 shares of company stock valued at $45,052.
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.
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