Peel Hunt Lowers Arrow Global Group (LON:ARW) Price Target to GBX 182
Arrow Global Group (LON:ARW) had its target price decreased by equities research analysts at Peel Hunt from GBX 200 ($2.63) to GBX 182 ($2.39) in a research note issued to investors on Thursday, Stock Target Advisor reports. The firm currently has a “sell” rating on the stock. Peel Hunt’s price target points to a potential upside of 137.60% from the company’s current price.
Several other equities analysts have also recently commented on the company. Goldman Sachs Group reduced their target price on Arrow Global Group from GBX 250 ($3.29) to GBX 240 ($3.16) and set a “neutral” rating for the company in a research note on Tuesday, March 10th. Shore Capital reiterated a “buy” rating on shares of Arrow Global Group in a research note on Thursday, March 12th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. Arrow Global Group has an average rating of “Hold” and a consensus target price of GBX 290.86 ($3.83).
LON ARW traded down GBX 3.15 ($0.04) on Thursday, reaching GBX 76.60 ($1.01). The company had a trading volume of 2,933,056 shares, compared to its average volume of 835,450. The firm has a market capitalization of $135.47 million and a PE ratio of 4.03. Arrow Global Group has a 1 year low of GBX 104.30 ($1.37) and a 1 year high of GBX 306.80 ($4.04). The firm has a 50-day moving average of GBX 235.18 and a 200-day moving average of GBX 233.17. The company has a debt-to-equity ratio of 615.28, a current ratio of 0.80 and a quick ratio of 0.80.
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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