Polar Capital Holdings plc Receives Hold Rating from Numis Securities Ltd (POLR)
Polar Capital Holdings plc (LON:POLR)‘s stock had its “hold” rating reiterated by research analysts at Numis Securities Ltd in a report released on Friday. They currently have a GBX 475 ($8.06) price objective on the stock. Numis Securities Ltd’s price objective points to a potential downside of 0.85% from the stock’s previous close.
Polar Capital Holdings plc (LON:POLR) traded up 7.08% during mid-day trading on Friday, hitting GBX 497.125. The stock had a trading volume of 205,444 shares. Polar Capital Holdings plc has a one year low of GBX 367.50 and a one year high of GBX 571.50. The stock has a 50-day moving average of GBX 497.0 and a 200-day moving average of 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 ($11.32) price target on the stock. Analysts at Panmure Gordon cut their price target on shares of Polar Capital Holdings plc from GBX 430 ($7.30) to GBX 400 ($6.79) 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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