Arrow Global Group (LON:ARW) Stock Rating Reaffirmed by Shore Capital

Shore Capital reiterated their buy rating on shares of Arrow Global Group (LON:ARW) in a report published on Friday, September 14th.

Other analysts also recently issued research reports about the stock. Numis Securities reiterated a buy rating on shares of Arrow Global Group in a report on Thursday, August 30th. Peel Hunt reiterated a buy rating on shares of Arrow Global Group in a report on Thursday, July 26th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of GBX 388.40 ($5.06).

Arrow Global Group stock traded down GBX 1 ($0.01) during midday trading on Friday, reaching GBX 202.50 ($2.64). The company had a trading volume of 361,549 shares, compared to its average volume of 835,450. Arrow Global Group has a 12-month low of GBX 305.25 ($3.98) and a 12-month high of GBX 480 ($6.25).

Arrow Global Group (LON:ARW) last released its quarterly earnings data on Thursday, August 30th. The company reported GBX 16.30 ($0.21) EPS for the quarter, beating the Zacks’ consensus estimate of GBX 15.70 ($0.20) by GBX 0.60 ($0.01). Arrow Global Group had a net margin of 15.00% and a return on equity of 28.85%.

The company also recently declared a dividend, which will be paid on Friday, October 12th. Stockholders of record on Thursday, September 6th will be issued a dividend of GBX 4 ($0.05) per share. The ex-dividend date of this dividend is Thursday, September 6th. This represents a dividend yield of 1.5%.

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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Analyst Recommendations for Arrow Global Group (LON:ARW)

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