Polar Capital Holdings plc (POLR) Earns Buy Rating from Canaccord Genuity
Polar Capital Holdings plc (LON:POLR)‘s stock had its “buy” rating reiterated by analysts at Canaccord Genuity in a research report issued on Thursday. They presently have a GBX 385 ($4.76) price target on the stock. Canaccord Genuity’s target price points to a potential upside of 33.33% from the company’s previous close.
Other analysts have also issued research reports about the company. Peel Hunt reaffirmed an “add” rating and issued a GBX 355 ($4.39) price target on shares of Polar Capital Holdings plc in a research note on Monday, September 19th. Numis Securities Ltd raised their price target 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 note on Thursday. Finally, Shore Capital restated a “buy” rating and set a GBX 289 ($3.58) price target on shares of Polar Capital Holdings plc in a report on Thursday. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Polar Capital Holdings plc has an average rating of “Hold” and a consensus target price of GBX 356.80 ($4.42).
Polar Capital Holdings plc (LON:POLR) traded up 0.09% on Thursday, hitting GBX 289.00. 26,648 shares of the stock traded hands. The stock has a 50-day moving average price of GBX 307.36 and a 200 day moving average price of GBX 318.61. Polar Capital Holdings plc has a 1-year low of GBX 262.00 and a 1-year high of GBX 433.00. The company’s market cap is GBX 260.50 million.
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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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