Panmure Gordon Reiterates “Hold” Rating for Polar Capital Holdings plc (POLR)
Polar Capital Holdings plc (LON:POLR)‘s stock had its “hold” rating restated by Panmure Gordon in a research note issued on Thursday, Stock Ratings Network.com reports. They currently have a GBX 520 ($8.57) price target on the stock. Panmure Gordon’s price target would indicate a potential downside of 6.67% from the stock’s previous close.
POLR has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Polar Capital Holdings plc in a research note to investors on Friday, January 10th. They now have a GBX 550 ($9.06) price target on the stock. Separately, analysts at Numis Securities Ltd cut their price target on shares of Polar Capital Holdings plc from GBX 518 ($8.54) to GBX 495 ($8.16) in a research note to investors on Monday, December 16th. They now have a “hold” rating on the stock.
Shares of Polar Capital Holdings plc (LON:POLR) traded up 0.89% on Thursday, hitting GBX 562.96. 216,833 shares of the company’s stock traded hands. Polar Capital Holdings plc has a one year low of GBX 230.00 and a one year high of GBX 571.50. The stock’s 50-day moving average is GBX 506.0 and its 200-day moving average is GBX 457..
The company also recently declared a dividend, which is scheduled for Friday, January 17th. Investors of record on Tuesday, December 31st will be given a dividend of GBX 4 ($0.07) per share. This represents a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, December 31st.
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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