Arrow Global Group PLC (ARW) Insider Acquires £249,083.45 in Stock
Arrow Global Group PLC (LON:ARW) insider Paul Cooper purchased 64,697 shares of Arrow Global Group stock in a transaction that occurred on Wednesday, December 6th. The shares were acquired at an average price of GBX 385 ($5.18) per share, with a total value of £249,083.45 ($335,240.17).
Arrow Global Group PLC (ARW) opened at GBX 379.25 ($5.10) on Monday. Arrow Global Group PLC has a 1-year low of GBX 266.75 ($3.59) and a 1-year high of GBX 480 ($6.46).
A number of research firms recently commented on ARW. Peel Hunt cut Arrow Global Group to an “add” rating and set a GBX 450 ($6.06) price target for the company. in a report on Thursday, August 31st. J P Morgan Chase & Co lifted their price target on Arrow Global Group from GBX 450 ($6.06) to GBX 500 ($6.73) and gave the stock an “overweight” rating in a report on Friday, September 1st. Numis Securities reiterated a “buy” rating and set a GBX 528 ($7.11) price target on shares of Arrow Global Group in a report on Thursday, August 31st. Finally, Shore Capital reiterated a “buy” rating on shares of Arrow Global Group in a report on Thursday, November 9th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Arrow Global Group has an average rating of “Buy” and a consensus target price of GBX 464.17 ($6.25).
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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