Arrow Global Group’s (ARW) Sell Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their sell rating on shares of Arrow Global Group (LON:ARW) in a research report released on Tuesday, LSE.Co.UK reports. The firm currently has a GBX 200 ($2.61) target price on the stock.

Other research analysts also recently issued reports about the company. Goldman Sachs Group upped their price objective on Arrow Global Group from GBX 220 ($2.87) to GBX 240 ($3.14) and gave the stock a neutral rating in a research note on Thursday, August 15th. Peel Hunt restated a sell rating and set a GBX 200 ($2.61) price objective on shares of Arrow Global Group in a research note on Tuesday. JPMorgan Chase & Co. lowered their price objective on Arrow Global Group from GBX 380 ($4.97) to GBX 340 ($4.44) and set an overweight rating for the company in a research note on Tuesday, August 13th. Shore Capital restated a buy rating on shares of Arrow Global Group in a research note on Tuesday. Finally, Jefferies Financial Group restated a buy rating on shares of Arrow Global Group in a research note on Monday, September 16th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. Arrow Global Group presently has an average rating of Hold and a consensus price target of GBX 292 ($3.82).

ARW traded up GBX 3.80 ($0.05) during trading on Tuesday, reaching GBX 213.40 ($2.79). 93,268 shares of the company were exchanged, compared to its average volume of 835,450. The stock has a market cap of $377.06 million and a P/E ratio of 8.71. The firm has a 50 day moving average of GBX 223.65 and a 200 day moving average of GBX 222.17. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 601.98. Arrow Global Group has a 52 week low of GBX 166.20 ($2.17) and a 52 week high of GBX 284.58 ($3.72).

Arrow Global Group Company Profile

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.

Further Reading: What is a Real Estate Investment Trust (REIT)?

Analyst Recommendations for Arrow Global Group (LON:ARW)

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