Polar Capital (LON:POLR)‘s stock had its “buy” rating reaffirmed by stock analysts at Peel Hunt in a report issued on Friday. They currently have a GBX 560 ($7.49) target price on the stock. Peel Hunt’s price objective points to a potential upside of 1.45% from the stock’s previous close.

A number of other analysts have also weighed in on the stock. Numis Securities upped their target price on shares of Polar Capital from GBX 485 ($6.48) to GBX 490 ($6.55) and gave the stock a “hold” rating in a report on Thursday, November 2nd. Shore Capital reaffirmed a “hold” rating on shares of Polar Capital in a report on Monday, December 11th. Investec reaffirmed a “hold” rating and set a GBX 510 ($6.82) target price on shares of Polar Capital in a report on Monday, December 11th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a GBX 555 ($7.42) target price on shares of Polar Capital in a report on Wednesday, December 6th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 524 ($7.01).

Polar Capital (POLR) traded up GBX 4 ($0.05) during trading on Friday, reaching GBX 552 ($7.38). 32,738 shares of the company were exchanged, compared to its average volume of 18,298. The company has a market cap of $508.70 and a price-to-earnings ratio of 2,760.00. Polar Capital has a twelve month low of GBX 294.25 ($3.93) and a twelve month high of GBX 564 ($7.54).

In other news, insider Tim Woolley sold 868,073 shares of the stock in a transaction on Friday, October 20th. The shares were sold at an average price of GBX 450 ($6.02), for a total value of £3,906,328.50 ($5,223,062.58). Also, insider Hugh Aldous purchased 10,000 shares of the firm’s stock in a transaction dated Thursday, October 12th. The stock was bought at an average cost of GBX 500 ($6.69) per share, for a total transaction of £50,000 ($66,853.86).

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Polar Capital 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.

Analyst Recommendations for Polar Capital (LON:POLR)

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