Today, Peel Hunt Begins Coverage on Arrow Global Group PLC (ARW)

Today, Peel Hunt Begins Coverage on Arrow Global Group PLC (ARW)

Peel Hunt began coverage on shares of Arrow Global Group PLC (LON:ARW) in a report published on Wednesday morning. The brokerage issued a buy rating and a GBX 340 ($4.21) target price on the stock.

ARW has been the subject of a number of other reports. Jefferies Group upped their target price on 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. Macquarie reissued an outperform rating and issued a GBX 325 ($4.02) target price on shares of Arrow Global Group PLC in a research report on Thursday, September 1st. Numis Securities Ltd reissued an under review rating on shares of Arrow Global Group PLC in a research report on Wednesday, August 31st. 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. increased their price objective on Arrow Global Group PLC from GBX 300 ($3.71) to GBX 330 ($4.08) and gave the stock an overweight rating in a research report on Thursday, September 1st. Seven investment analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and a consensus target price of GBX 351.50 ($4.35).

Shares of Arrow Global Group PLC (LON:ARW) opened at 290.7501 on Wednesday. The firm’s market capitalization is GBX 506.04 million. The stock has a 50 day moving average price of GBX 278.35 and a 200-day moving average price of GBX 251.15. Arrow Global Group PLC has a 52 week low of GBX 168.66 and a 52 week high of GBX 316.50.

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

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