Polar Capital Holdings plc Rating Reiterated by Canaccord Genuity (POLR)
Polar Capital Holdings plc (LON:POLR)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity in a note issued to investors on Thursday. They currently have a GBX 667 ($11.36) price objective on the stock. Canaccord Genuity’s price target indicates a potential upside of 37.07% from the company’s current price.
Polar Capital Holdings plc (LON:POLR) opened at 491.30 on Thursday. Polar Capital Holdings plc has a one year low of GBX 379.05 and a one year high of GBX 571.50. The stock’s 50-day moving average is GBX 499.9 and its 200-day moving average is GBX 497.5.
The company also recently announced a dividend, which is scheduled for Friday, July 18th. Investors of record on Wednesday, July 2nd will be paid a dividend of GBX 21 ($0.36) per share. This represents a dividend yield of 4.23%. The ex-dividend date is Wednesday, July 2nd.
Several other analysts have also recently commented on the stock. Analysts at Panmure Gordon reiterated a “hold” rating on shares of Polar Capital Holdings plc in a research note on Friday, June 20th. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Polar Capital Holdings plc in a research note on Friday, June 20th. They now have a GBX 475 ($8.09) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Polar Capital Holdings plc in a research note on Friday, May 16th. They now have a GBX 475 ($8.09) price target 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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