Arrow Global Group PLC (ARW) Stock Rating Reaffirmed by Shore Capital
Arrow Global Group PLC (LON:ARW)‘s stock had its “buy” rating reiterated by stock analysts at Shore Capital in a research note issued to investors on Thursday.
A number of other analysts also recently issued reports on the company. Goldman Sachs Group, Inc. (The) downgraded Arrow Global Group PLC to a “neutral” rating and raised their target price for the stock from GBX 425 ($5.50) to GBX 435 ($5.63) in a research note on Tuesday, May 23rd. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 415 ($5.37) target price on shares of Arrow Global Group PLC in a research note on Thursday, May 11th. Macquarie reaffirmed an “outperform” rating and issued a GBX 360 ($4.66) target price on shares of Arrow Global Group PLC in a research note on Monday, July 3rd. Finally, J P Morgan Chase & Co raised their target price on Arrow Global Group PLC from GBX 410 ($5.30) to GBX 450 ($5.82) and gave the stock an “overweight” rating in a research note on Friday, May 12th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 419.67 ($5.43).
Shares of Arrow Global Group PLC (LON:ARW) opened at 460.25 on Thursday. The stock has a 50 day moving average of GBX 442.71 and a 200-day moving average of GBX 381.56. The stock’s market cap is GBX 802.55 million. Arrow Global Group PLC has a 52 week low of GBX 239.68 and a 52 week high of GBX 480.00.
TRADEMARK VIOLATION WARNING: “Arrow Global Group PLC (ARW) Stock Rating Reaffirmed by Shore Capital” was published by Watch List News and is owned by of Watch List News. If you are accessing this piece on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright legislation. The correct version of this piece can be read at https://www.watchlistnews.com/arrow-global-group-plc-arw-stock-rating-reaffirmed-by-shore-capital/1532891.html.
About Arrow Global Group PLC
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.
Receive News & Ratings for Arrow Global Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arrow Global Group PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.