Analysts Set Arrow Global Group PLC (ARW) Price Target at $464.17

Arrow Global Group PLC (LON:ARW) has earned a consensus rating of “Buy” from the seven analysts that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 464.17 ($6.51).

A number of research firms have recently weighed in on ARW. Numis Securities reaffirmed a “buy” rating and issued a GBX 528 ($7.40) price objective on shares of Arrow Global Group in a research note on Wednesday, October 18th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 495 ($6.94) price objective on shares of Arrow Global Group in a research note on Thursday, November 9th. Shore Capital reaffirmed a “buy” rating on shares of Arrow Global Group in a research note on Thursday, November 9th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 500 ($7.01) price objective on shares of Arrow Global Group in a research note on Friday, November 10th.

In related news, insider Jonathan Bloomer acquired 6,505 shares of the firm’s stock in a transaction on Thursday, November 30th. The shares were acquired at an average cost of GBX 384 ($5.38) per share, for a total transaction of £24,979.20 ($35,024.12). Also, insider Paul Cooper acquired 64,697 shares of the firm’s stock in a transaction on Wednesday, December 6th. The shares were bought at an average price of GBX 385 ($5.40) per share, for a total transaction of £249,083.45 ($349,247.69). Insiders purchased 96,124 shares of company stock worth $37,375,184 over the last quarter.

Arrow Global Group (LON ARW) opened at GBX 391.50 ($5.49) on Tuesday. The firm has a market capitalization of $682.66 and a PE ratio of 2,446.88. Arrow Global Group has a one year low of GBX 286 ($4.01) and a one year high of GBX 480 ($6.73).

COPYRIGHT VIOLATION WARNING: This piece of content was published by Community Financial News and is owned by of Community Financial News. If you are viewing this piece of content on another domain, it was stolen and republished in violation of U.S. & international trademark and copyright legislation. The original version of this piece of content can be accessed at https://www.com-unik.info/2018/02/09/analysts-set-arrow-global-group-plc-arw-price-target-at-464-17.html.

Arrow Global Group 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 (LON:ARW)

Receive News & Ratings for Arrow Global Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arrow Global Group and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit