Arrow Global Group (ARW) Earns Buy Rating from Shore Capital
A number of other research firms also recently weighed in on ARW. Peel Hunt restated a buy rating on shares of Arrow Global Group in a research note on Thursday, July 26th. Numis Securities restated a buy rating on shares of Arrow Global Group in a research note on Thursday, July 26th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The company presently has an average rating of Hold and an average price target of GBX 391 ($5.11).
ARW stock opened at GBX 233 ($3.04) on Thursday. Arrow Global Group has a 12 month low of GBX 305.25 ($3.99) and a 12 month high of GBX 480 ($6.27).
The firm also recently announced a dividend, which was paid on Friday, October 12th. Investors of record on Thursday, September 6th were given a dividend of GBX 4 ($0.05) per share. The ex-dividend date of this dividend was Thursday, September 6th. This represents a yield of 1.5%.
In other Arrow Global Group news, insider Andrew C. Fisher bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, October 5th. The shares were acquired at an average cost of GBX 202 ($2.64) per share, for a total transaction of £20,200 ($26,394.88). Over the last quarter, insiders have purchased 10,136 shares of company stock worth $2,050,018.
Arrow Global Group Company Profile
Arrow Global Group PLC, together with its subsidiaries, identifies, acquires, and manages secured and unsecured defaulted loan portfolios consisting of consumer and SME accounts from financial institutions, such as banks and credit card companies in the United Kingdom and mainland Europe. The company also engages in the debt purchase and asset management business.
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