Arrow Global Group PLC (LON:ARW) Given Consensus Rating of “Hold” by Brokerages

Shares of Arrow Global Group PLC (LON:ARW) have been given a consensus rating of “Hold” by the seven research firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 246.67 ($3.22).

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Several equities research analysts have commented on the stock. JPMorgan Chase & Co. dropped their price target on shares of Arrow Global Group from GBX 380 ($4.97) to GBX 340 ($4.44) and set an “overweight” rating on the stock in a research report on Tuesday, August 13th. Shore Capital reiterated a “buy” rating on shares of Arrow Global Group in a research report on Thursday, August 8th. Peel Hunt cut shares of Arrow Global Group to a “sell” rating in a research report on Thursday, August 8th. Jefferies Financial Group reiterated a “buy” rating on shares of Arrow Global Group in a research report on Monday, September 16th. Finally, Goldman Sachs Group boosted their price objective on Arrow Global Group from GBX 220 ($2.87) to GBX 240 ($3.14) and gave the stock a “neutral” rating in a report on Thursday, August 15th.

Arrow Global Group stock traded down GBX 3.20 ($0.04) during midday trading on Tuesday, hitting GBX 229.80 ($3.00). The company’s stock had a trading volume of 229,106 shares, compared to its average volume of 835,450. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 601.98. The stock’s 50-day moving average price is GBX 223.82 and its 200-day moving average price is GBX 221.49. Arrow Global Group has a 12 month low of GBX 166.20 ($2.17) and a 12 month high of GBX 284.58 ($3.72). The company has a market capitalization of $398.99 million and a PE ratio of 9.38.

Arrow Global Group Company Profile

Arrow Global Group PLC identifies, acquires, and manages secured and unsecured defaulted and non-core loan portfolios and real estate from and on behalf of financial institutions, such as banks, institutional investors, and credit card companies in the United Kingdom and internationally. The company also engages in the debt purchase, and asset management servicing business.

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Analyst Recommendations for Arrow Global Group (LON:ARW)

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