Numis Securities Ltd Upgrades Polar Capital Holdings plc to “Add” (POLR)
Polar Capital Holdings plc (LON:POLR) was upgraded by stock analysts at Numis Securities Ltd from a “hold” rating to an “add” rating in a report issued on Friday, StockRatingsNetwork.com reports. The firm currently has a GBX 462 ($7.41) price objective on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 4.11% from the stock’s previous close.
Polar Capital Holdings plc (LON:POLR) opened at 454.00 on Friday. Polar Capital Holdings plc has a one year low of GBX 190.00 and a one year high of GBX 455.00. The stock’s 50-day moving average is GBX 424.7 and its 200-day moving average is GBX 384.0.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Polar Capital Holdings plc in a research note to investors on Thursday, September 19th. They now have a GBX 475 ($7.62) price target on the stock. Analysts at Cantor Fitzgerald raised their price target on shares of Polar Capital Holdings plc from GBX 479 ($7.68) to GBX 502 ($8.05) in a research note to investors on Tuesday, September 17th. They now have a “buy” rating on the stock.
Polar Capital Holdings plc and its subsidiaries are engaged in providing research driven specialist investment management and offer a family of long-only, long-bias, equity long/ short and other fundamentally driven hedge fund strategies under the Polar Capital brand.
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