Macquarie announced Arrow Global Group (LON:ARW), boosting its target to 335.00GBX earlier today
- Updated: October 15, 2016
Yesterday Arrow Global Group (LON:ARW) traded -0.26% lower at 0.00GBX. The company’s 50-day moving average is 278.35GBX and its 200-day moving average is 251.15GBX. The last stock close price is down 16.16% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 115,414 shares of the stock were exchanged, down from an average trading volume of 235,087
Macquarie bumped up the target of Arrow Global Group (LON:ARW) to 335.00GBX indicating a possible upside of 0%.
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Arrow Global Group has a 52 week low of 168.66GBX and a 52 week high of 316.50GBX with a P/E ratio of 14.59 The company’s market cap is currently 0 GBX.
In addition to Macquarie reporting its target price, a total of 5 firms have issued a report on ARW. The one year target is 319.40GBX with two equity analysts rating the company a strong buy, four equity analysts rating the company a buy, zero equity analysts rating the company a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Arrow Global Group (LON:ARW)
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). The Company purchases secured and unsecured nonperforming debt portfolios consisting of both consumer and small and medium-sized enterprises (SME) accounts from across the United Kingdom and mainland Europe. The Company regulates business and uses analytics to identify, acquire and manage defaulted consumer credit portfolios, primarily from banks and other financial institutions, such as credit card companies. It works with compliant servicers that offer a range of collection specialisms including, insolvency, bankruptcy and deceased customer accounts. Its subsidiaries include Arrow Global One Limited and Arrow Global Portugal Limited.
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