Analysts’ Recent Ratings Updates for Arrow Global Group PLC (ARW)
Several brokerages have updated their recommendations and price targets on shares of Arrow Global Group PLC (LON: ARW) in the last few weeks:
9/6/2016 – Arrow Global Group PLC had its “add” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 290 ($3.86) 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 ($4.33) 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 ($4.00) to GBX 330 ($4.40). 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.
7/13/2016 – Arrow Global Group PLC had its price target lowered by analysts at Jefferies Group from GBX 340 ($4.53) to GBX 290 ($3.86). They now have a “buy” rating on the stock.
Shares of Arrow Global Group PLC (LON:ARW) opened at 269.75 on Thursday. The stock’s 50 day moving average price is GBX 232.09 and its 200-day moving average price is GBX 242.93. The stock’s market cap is GBX 469.49 million. Arrow Global Group PLC has a one year low of GBX 168.66 and a one year high of GBX 290.00.
The company also recently disclosed a dividend, which will be paid on Thursday, October 13th. Stockholders of record on Thursday, September 15th will be issued a GBX 2.70 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, September 15th. This represents a dividend yield of 1.05%.
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In other news, insider Drury,Tom acquired 50,000 shares of the business’s stock in a transaction dated Wednesday, June 29th. The stock was acquired at an average price of GBX 197 ($2.62) per share, for a total transaction of £98,500 ($131,193.39).
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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