Jefferies Financial Group reissued their buy rating on shares of Arrow Global Group (LON:ARW) in a research report released on Monday morning, ThisIsMoney.Co.Uk reports.
A number of other research analysts have also commented on the company. JPMorgan Chase & Co. decreased their price objective on Arrow Global Group from GBX 380 ($4.97) to GBX 340 ($4.44) and set an overweight rating on the stock in a report on Tuesday, August 13th. Shore Capital reaffirmed a buy rating on shares of Arrow Global Group in a report on Thursday, August 8th. Peel Hunt lowered Arrow Global Group to a sell rating in a report on Thursday, August 8th. Goldman Sachs Group upped their price objective on Arrow Global Group from GBX 220 ($2.87) to GBX 240 ($3.14) and gave the company a neutral rating in a report on Thursday, August 15th. Finally, Numis Securities reissued a buy rating on shares of Arrow Global Group in a report on Thursday, May 30th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. Arrow Global Group currently has a consensus rating of Hold and an average target price of GBX 309 ($4.04).
Shares of LON ARW opened at GBX 229 ($2.99) on Monday. The company has a debt-to-equity ratio of 601.98, a current ratio of 1.25 and a quick ratio of 1.25. The stock’s fifty day moving average price is GBX 222.91 and its two-hundred day moving average price is GBX 215.31. Arrow Global Group has a one year low of GBX 166.20 ($2.17) and a one year high of GBX 284.58 ($3.72). The firm has a market cap of $405.01 million and a price-to-earnings ratio of 9.35.
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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