Polar Capital Holdings plc (POLR) Stock Rating Reaffirmed by Canaccord Genuity
Polar Capital Holdings plc (LON:POLR)‘s stock had its “buy” rating reissued by analysts at Canaccord Genuity in a report released on Thursday. They presently have a GBX 500 ($6.74) price objective on the stock. Canaccord Genuity’s price objective indicates a potential upside of 14.55% from the stock’s current price.
A number of other equities analysts also recently issued reports on POLR. Peel Hunt downgraded shares of Polar Capital Holdings plc to an “add” rating and raised their price objective for the stock from GBX 355 ($4.79) to GBX 480 ($6.47) in a report on Friday, June 23rd. Shore Capital reissued a “buy” rating on shares of Polar Capital Holdings plc in a report on Tuesday, June 27th. Finally, Numis Securities Ltd lifted their price target on shares of Polar Capital Holdings plc from GBX 410 ($5.53) to GBX 475 ($6.40) and gave the company an “add” rating in a report on Tuesday, June 27th.
Polar Capital Holdings plc (POLR) traded up 2.81% during mid-day trading on Thursday, reaching GBX 448.75. 1,150 shares of the company were exchanged. The stock’s market capitalization is GBX 401.82 million. Polar Capital Holdings plc has a one year low of GBX 272.60 and a one year high of GBX 460.00. The stock has a 50 day moving average of GBX 434.64 and a 200-day moving average of GBX 407.71.
COPYRIGHT VIOLATION NOTICE: “Polar Capital Holdings plc (POLR) Stock Rating Reaffirmed by Canaccord Genuity” was posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another site, it was copied illegally and republished in violation of US & international trademark and copyright law. The correct version of this article can be viewed at https://www.americanbankingnews.com/2017/09/21/polar-capital-holdings-plc-polr-stock-rating-reaffirmed-by-canaccord-genuity.html.
In other Polar Capital Holdings plc news, insider Tim Woolley sold 150,000 shares of Polar Capital Holdings plc stock in a transaction that occurred on Wednesday, June 28th. The shares were sold at an average price of GBX 433 ($5.84), for a total transaction of £649,500 ($875,690.98). Also, insider Tom Bartlam purchased 50,000 shares of the stock in a transaction on Tuesday, July 18th. The shares were purchased at an average cost of GBX 430 ($5.80) per share, for a total transaction of £215,000 ($289,874.61).
About Polar Capital Holdings plc
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.
Receive News & Ratings for Polar Capital Holdings plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polar Capital Holdings plc and related companies with MarketBeat.com's FREE daily email newsletter.