Analysts Set Arrow Global Group PLC (ARW) PT at $363.17

Shares of Arrow Global Group PLC (LON:ARW) have earned an average rating of “Buy” from the seven research firms that are presently covering the firm. Seven research analysts have rated the stock with a buy rating. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 363.17 ($4.54).

Several brokerages have recently issued reports on ARW. Shore Capital reissued a “buy” rating on shares of Arrow Global Group PLC in a research report on Friday, December 9th. Jefferies Group LLC increased their target price on Arrow Global Group PLC from GBX 359 ($4.49) to GBX 384 ($4.80) and gave the stock a “buy” rating in a research report on Thursday, January 19th. Peel Hunt reissued a “buy” rating and issued a GBX 340 ($4.25) target price on shares of Arrow Global Group PLC in a research report on Thursday, January 5th. Macquarie reissued an “outperform” rating and issued a GBX 335 ($4.19) target price on shares of Arrow Global Group PLC in a research report on Thursday, November 10th. Finally, J P Morgan Chase & Co restated an “overweight” rating on shares of Arrow Global Group PLC in a research note on Thursday, December 8th.

In other Arrow Global Group PLC news, insider Lee Rochford bought 174,928 shares of the business’s stock in a transaction on Thursday, December 15th. The shares were acquired at an average cost of GBX 284 ($3.55) per share, for a total transaction of £496,795.52 ($620,839.19). Over the last quarter, insiders have acquired 175,077 shares of company stock worth $49,727,215.

Shares of Arrow Global Group PLC (LON:ARW) opened at 325.75 on Friday. The company’s market capitalization is GBX 566.95 million. The company’s 50-day moving average price is GBX 305.62 and its 200-day moving average price is GBX 282.41. Arrow Global Group PLC has a one year low of GBX 168.66 and a one year high of GBX 330.00.

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About Arrow Global Group PLC

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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