Polar Capital (LON:POLR) Earns Buy Rating from Peel Hunt
Polar Capital (LON:POLR)‘s stock had its “buy” rating reaffirmed by research analysts at Peel Hunt in a research note issued to investors on Friday, January 5th. They currently have a GBX 560 ($7.86) price target on the stock. Peel Hunt’s price target indicates a potential upside of 8.95% from the company’s current price.
Several other equities research analysts have also recently weighed in on POLR. Canaccord Genuity boosted their price objective on Polar Capital from GBX 500 ($7.02) to GBX 555 ($7.79) and gave the stock a “buy” rating in a research note on Thursday, October 12th. Numis Securities reissued a “hold” rating and set a GBX 440 ($6.18) price objective on shares of Polar Capital in a research note on Tuesday, October 3rd. Shore Capital reissued a “hold” rating and set a GBX 485 ($6.81) price objective on shares of Polar Capital in a research note on Friday, October 13th. Finally, Investec reissued a “hold” rating and set a GBX 510 ($7.16) price objective on shares of Polar Capital in a research note on Monday, December 11th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 540 ($7.58).
Shares of Polar Capital (LON:POLR) remained flat at $GBX 514 ($7.22) during mid-day trading on Friday. The stock had a trading volume of 11,591 shares, compared to its average volume of 22,983. Polar Capital has a 12-month low of GBX 329 ($4.62) and a 12-month high of GBX 564 ($7.92). The stock has a market capitalization of $479.00 and a P/E ratio of 2,570.00.
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Polar Capital Company Profile
Polar Capital Holdings plc is an investment management company. The Company is engaged in the provision of investment management and advisory services. The Company offers professional and institutional investors a range of geographical and sector investment opportunities. The Company offers fundamental funds diversified by asset class, geographical, sectoral specialization, strategy and structure.
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