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.
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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.
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