Today, Arrow Global Group PLC (ARW) Earns “Add” Rating from Numis Securities Ltd

Today, Arrow Global Group PLC (ARW) Earns “Add” Rating from Numis Securities Ltd

Numis Securities Ltd restated their add rating on shares of Arrow Global Group PLC (LON:ARW) in a report released on Wednesday morning. They currently have a GBX 290 ($3.59) price objective on the stock.

ARW has been the subject of a number of other research reports. Jefferies Group upped their price objective on shares of Arrow Global Group PLC from GBX 290 ($3.59) to GBX 359 ($4.44) and gave the company a buy rating in a research report on Wednesday, September 14th. Peel Hunt assumed coverage on shares of Arrow Global Group PLC in a research report on Wednesday, September 21st. They set a buy rating and a GBX 340 ($4.21) price objective for the company. Macquarie reaffirmed an outperform rating and set a GBX 325 ($4.02) price objective on shares of Arrow Global Group PLC in a research report on Thursday, September 1st. Shore Capital reaffirmed a buy rating on shares of Arrow Global Group PLC in a research report on Thursday, September 29th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Arrow Global Group PLC from GBX 300 ($3.71) to GBX 330 ($4.08) and gave the company an overweight rating in a research report on Thursday, September 1st. Seven equities research analysts have rated the stock with a buy rating, Arrow Global Group PLC currently has a consensus rating of Buy and an average price target of GBX 351.50 ($4.35).

Arrow Global Group PLC (LON:ARW) opened at 290.7501 on Wednesday. Arrow Global Group PLC has a 12 month low of GBX 168.66 and a 12 month high of GBX 316.50. The firm’s market capitalization is GBX 506.04 million. The stock’s 50 day moving average price is GBX 278.35 and its 200 day moving average price is GBX 251.15.

The firm also recently declared a dividend, which was paid on Thursday, October 13th. Investors of record on Thursday, September 15th were given a GBX 2.70 ($0.03) dividend. This represents a yield of 1.05%. The ex-dividend date was Thursday, September 15th.

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