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Shore Capital retained Arrow Global Group (LON:ARW) to Buy in a statement released earlier today.

Yesterday Arrow Global Group (LON:ARW) traded -1.83% lower at 296.88GBX. The company’s 50-day moving average is 263.38GBX and its two hundred day average is 248.84GBX. With the last stock price close up 18.35% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 60,916 shares of ARW changing hands under the typical 293,214

Shore Capital has retained Arrow Global Group (LON:ARW) to Buy in a report released on Thursday September 29, 2016.

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Arrow Global Group (LON:ARW)

Arrow Global Group has a PE ratio of 14.73 with a 52 week low of 168.66GBX and a 52 week high of 316.50GBX Arrow Global Group’s market capitalization is presently 0 GBX.

In addition to Shore Capital reporting its target price, a total of 5 firms have issued a report on the stock. The consensus target price is 319.40GBX with 2 firms rating the stock a strong buy, 4 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About 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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