Canaccord Genuity Initiates ARC Group Worldwide At Buy

Analysts at Canaccord Genuity initiated coverage on shares of ARC Group Worldwide ARCW with a Buy rating. The target price for ARC Group Worldwide is set to $20. ARC Group Worldwide shares have surged 677.03% over the past 52 weeks, while the S&P 500 index has gained 14.20% in the same period. ARC Group Worldwide's shares surged 6.86% to close at $14.95 on Friday.