Polar Capital Holdings plc (POLR) Earns Hold Rating from Shore Capital
Polar Capital Holdings plc (LON:POLR)‘s stock had its “hold” rating reaffirmed by equities research analysts at Shore Capital in a report issued on Tuesday.
Other equities research analysts also recently issued reports about the company. Canaccord Genuity boosted their target price on Polar Capital Holdings plc from GBX 385 ($5.00) to GBX 500 ($6.49) and gave the stock a “buy” rating in a report on Tuesday, June 27th. Peel Hunt reissued an “add” rating and issued a GBX 480 ($6.23) target price on shares of Polar Capital Holdings plc in a report on Thursday, July 13th. Finally, Numis Securities Ltd reissued a “hold” rating and issued a GBX 415 ($5.39) target price on shares of Polar Capital Holdings plc in a report on Thursday, July 13th.
Polar Capital Holdings plc (LON POLR) traded down 0.53% during midday trading on Tuesday, reaching GBX 421.00. The company had a trading volume of 1,447 shares. The stock’s market capitalization is GBX 376.98 million. The company has a 50-day moving average of GBX 430.02 and a 200-day moving average of GBX 395.40. Polar Capital Holdings plc has a 12-month low of GBX 272.60 and a 12-month high of GBX 460.00.
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In other news, insider Tim Woolley sold 150,000 shares of the business’s stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of GBX 433 ($5.62), for a total value of £649,500 ($843,177.98). Also, insider Tom Bartlam purchased 50,000 shares of the firm’s stock in a transaction dated Tuesday, July 18th. The stock was acquired at an average price of GBX 430 ($5.58) per share, with a total value of £215,000 ($279,112.03).
Polar Capital Holdings plc Company Profile
Polar Capital Holdings plc is an investment management company. The Company is engaged in the provision of investment management and advisory services. The Company offers professional and institutional investors a range of geographical and sector investment opportunities. The Company offers fundamental funds diversified by asset class, geographical, sectoral specialization, strategy and structure.
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