Polar Capital Holdings plc (POLR) Receives “Buy” Rating from Canaccord Genuity
Polar Capital Holdings plc (LON:POLR)‘s stock had its “buy” rating restated by Canaccord Genuity in a research report issued on Thursday. They currently have a GBX 385 ($4.76) price objective on the stock. Canaccord Genuity’s target price points to a potential upside of 33.22% from the company’s current price.
A number of other analysts have also recently issued reports on the company. Shore Capital reissued a “buy” rating and issued a GBX 289 ($3.58) target price on shares of Polar Capital Holdings plc in a research report on Thursday. Numis Securities Ltd increased their price objective on Polar Capital Holdings plc from GBX 310 ($3.84) to GBX 325 ($4.02) and gave the stock an “add” rating in a research report on Thursday. Finally, Peel Hunt reaffirmed an “add” rating and set a GBX 355 ($4.39) price objective on shares of Polar Capital Holdings plc in a research report on Thursday. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 356.80 ($4.42).
Polar Capital Holdings plc (LON:POLR) traded up 0.09% during mid-day trading on Thursday, hitting GBX 289.00. The stock had a trading volume of 48,226 shares. The firm’s market cap is GBX 260.50 million. The stock has a 50-day moving average price of GBX 306.84 and a 200 day moving average price of GBX 318.40. Polar Capital Holdings plc has a 12-month low of GBX 262.00 and a 12-month high of GBX 433.00.
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Polar Capital Holdings plc Company Profile
Polar Capital Holdings plc is a United Kingdom-based investment management company. The Company offers professional and institutional investors a range of fundamental research-driven funds diversified by asset class, geographical and sectoral specialization. The Company provides research driven specialist investment products across long only, long bias, equity long/short and other fundamentally driven hedge fund strategies.
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