Arrow Global Group (LON:ARW) PT Raised to GBX 240

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Arrow Global Group (LON:ARW) had its target price increased by Goldman Sachs Group from GBX 220 ($2.87) to GBX 240 ($3.14) in a research report report published on Thursday morning, ThisIsMoney.Co.Uk reports. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts also recently commented on ARW. Peel Hunt downgraded shares of Arrow Global Group to a sell rating in a research note on Thursday, August 8th. Shore Capital reaffirmed a buy rating on shares of Arrow Global Group in a research note on Thursday, August 8th. JPMorgan Chase & Co. lowered their target price on shares of Arrow Global Group from GBX 380 ($4.97) to GBX 340 ($4.44) and set an overweight rating for the company in a research note on Tuesday, August 13th. Finally, Numis Securities reaffirmed a buy rating on shares of Arrow Global Group in a research note on Thursday, May 30th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of GBX 309 ($4.04).

Shares of LON:ARW opened at GBX 193.30 ($2.53) on Thursday. Arrow Global Group has a 52 week low of GBX 166.20 ($2.17) and a 52 week high of GBX 284.58 ($3.72). The company has a debt-to-equity ratio of 589.41, a quick ratio of 0.38 and a current ratio of 0.38. The company has a market capitalization of $341.87 million and a PE ratio of 7.89. The company has a 50 day moving average price of GBX 250.77 and a two-hundred day moving average price of GBX 212.94.

The business also recently disclosed a dividend, which will be paid on Friday, October 11th. Stockholders of record on Thursday, September 5th will be given a dividend of GBX 4.40 ($0.06) per share. This represents a dividend yield of 1.66%. The ex-dividend date of this dividend is Thursday, September 5th. Arrow Global Group’s dividend payout ratio is 0.53%.

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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