A number of firms have modified their ratings and price targets on shares of Arrow Global Group PLC (LON: ARW) recently:

  • 9/14/2016 – Arrow Global Group PLC had its price target raised by analysts at Jefferies Group from GBX 290 ($3.79) to GBX 359 ($4.69). They now have a “buy” rating on the stock.
  • 9/6/2016 – Arrow Global Group PLC had its “add” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 290 ($3.79) price target on the stock.
  • 9/1/2016 – Arrow Global Group PLC had its “outperform” rating reaffirmed by analysts at Macquarie. They now have a GBX 325 ($4.24) price target on the stock.
  • 9/1/2016 – Arrow Global Group PLC had its price target raised by analysts at JPMorgan Chase & Co. from GBX 300 ($3.92) to GBX 330 ($4.31). They now have an “overweight” rating on the stock.
  • 8/31/2016 – Arrow Global Group PLC had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 8/31/2016 – Arrow Global Group PLC had its “under review” rating reaffirmed by analysts at Numis Securities Ltd.

Arrow Global Group PLC (LON:ARW) traded down 2.61% during trading on Monday, reaching GBX 270.00. 198,509 shares of the company’s stock were exchanged. The stock has a 50-day moving average of GBX 243.80 and a 200-day moving average of GBX 245.63. Arrow Global Group PLC has a 52 week low of GBX 168.66 and a 52 week high of GBX 290.00. The stock’s market capitalization is GBX 469.92 million.

The company also recently disclosed a dividend, which will be paid on Thursday, October 13th. Stockholders of record on Thursday, September 15th will be paid a GBX 2.70 ($0.04) dividend. This represents a dividend yield of 1.05%. The ex-dividend date is Thursday, September 15th.

In other news, insider Drury,Tom acquired 50,000 shares of the company’s stock in a transaction dated Wednesday, June 29th. The shares were bought at an average price of GBX 197 ($2.57) per share, with a total value of £98,500 ($128,573.29).

Arrow Global Group PLC is a United Kingdom-based purchaser and manager of debt that uses data and analytics to acquire and manage debt portfolios from financial institutions and other credit providers. The Company is a provider of receivable management solutions. The Company is engaged in the purchase and collection of non-performing loans (NPLs).

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