Arrow Global Group PLC (ARW) Given Average Recommendation of “Buy” by Analysts

Arrow Global Group PLC (LON:ARW) has received a consensus recommendation of “Buy” from the seven brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 464.17 ($6.29).

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 500 ($6.78) price target on shares of Arrow Global Group in a research report on Friday, November 10th. Shore Capital reaffirmed a “buy” rating on shares of Arrow Global Group in a research report on Wednesday, October 18th. Numis Securities reaffirmed a “buy” rating and issued a GBX 528 ($7.16) price target on shares of Arrow Global Group in a research report on Wednesday, October 18th. Finally, Peel Hunt raised Arrow Global Group to a “buy” rating and lifted their price target for the stock from GBX 450 ($6.10) to GBX 495 ($6.71) in a research report on Thursday, September 21st.

Shares of Arrow Global Group (ARW) traded up GBX 2 ($0.03) during mid-day trading on Friday, hitting GBX 435.50 ($5.91). 885,810 shares of the stock were exchanged, compared to its average volume of 178,062. Arrow Global Group has a 1 year low of GBX 286 ($3.88) and a 1 year high of GBX 480 ($6.51). The company has a market cap of $763.29 and a PE ratio of 2,721.88.

In other Arrow Global Group news, insider Jonathan Bloomer bought 6,505 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was acquired at an average price of GBX 384 ($5.21) per share, with a total value of £24,979.20 ($33,874.69). Also, insider Paul Cooper bought 64,697 shares of the firm’s stock in a transaction on Wednesday, December 6th. The stock was acquired at an average cost of GBX 385 ($5.22) per share, with a total value of £249,083.45 ($337,786.07). In the last three months, insiders acquired 96,123 shares of company stock valued at $37,374,585.

ILLEGAL ACTIVITY NOTICE: “Arrow Global Group PLC (ARW) Given Average Recommendation of “Buy” by Analysts” was posted by BBNS and is owned by of BBNS. If you are reading this news story on another domain, it was stolen and republished in violation of U.S. & international trademark & copyright law. The original version of this news story can be read at https://baseballnewssource.com/markets/arrow-global-group-plc-arw-given-average-recommendation-of-buy-by-analysts/1826919.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.

 


Latest News

Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Eric Hosmer Agrees to Eight-Year Deal with San Diego Padres
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Report: Eduardo Nunez and Red Sox Agree to Deal for One Year
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Los Angeles Angels Plan to Use Shohei Ohtani in Six-Man Rotation
Cubs Sign Free Agent Yu Darvish
Cubs Sign Free Agent Yu Darvish
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped
Mother of Pittsburgh Pirates Player Elias Diaz Has Been Kidnapped
Giants Will Retire No. 25 of Barry Bonds in August
Giants Will Retire No. 25 of Barry Bonds in August


Leave a Reply

 
© 2006-2018 BBNS.