Numis Securities Ltd Reiterates “Hold” Rating for Polar Capital Holdings plc (POLR)
Polar Capital Holdings plc (LON:POLR)‘s stock had its “hold” rating restated by equities research analysts at Numis Securities Ltd in a research note issued to investors on Friday, American Banking & Market News reports. They currently have a GBX 475 ($8.00) price objective on the stock. Numis Securities Ltd’s price objective suggests a potential downside of 3.15% from the stock’s previous close.
Polar Capital Holdings plc (LON:POLR) opened at 493.00 on Friday. Polar Capital Holdings plc has a 1-year low of GBX 358.00 and a 1-year high of GBX 571.50. The stock’s 50-day moving average is GBX 483.3 and its 200-day moving average is GBX 496.7.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Polar Capital Holdings plc in a research note on Thursday, April 10th. They now have a GBX 667 ($11.23) price target on the stock. Separately, analysts at Panmure Gordon cut their price target on shares of Polar Capital Holdings plc from GBX 430 ($7.24) to GBX 400 ($6.74) in a research note on Thursday, April 10th. 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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